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Some descriptor words to explain the markings on the chart. Extrapolated non traditional fib and macd correlations. Lets see if Dec 2nd holds new money and some sort of xmas cheer for us crypto wierdos

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Gimme a kitkat bar!

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With the fall of Asian giant Mt. Gox and US Government acceptance of bitcoin we see the market have a double correction to original trend line. The scared money will pull out keeping this low for a week while serious investment plans its next move. As stated in the NYDFS hearings, we are nearing phase four of investment - Wall Street Adoption. Capital appreciation...

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As other chartists have noted, this sideways consolidation is present due to uncertain market conditions. Crypto enthusiasts and skeptics alike pause on all trading to allow integration to show a sign of movement. Overstock, Tigerdirect, Ebay, and Amazon all have or made claims to using BITCOIN, yet the lower lows will continue while consolidation waits for Q2...

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More downward sideways trending nonsense as the bubble pops and the froth ensues. BTC/USD and Secondary crypto markets up for wild swings and some nice spreads. Downward trend may see 560-700 low and 630 sideways through Feb.

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With big companies with diminishing returns turning to bitcoins market appeal for company growth, we still see a downward trend of price for the next few weeks. Even with a quarter billion injected into the currency with overstock, the market cap doesnt change too much and oscillations down towards the 500-700 may not be uncommon. A few bubbles may come about but...

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Galloping along through the bubble the trend takes a slight pause as the new moon erupts. Not able to reflect photons into money flow, China's regulatory deposit hindrance coincides with the sideways sweep of a darkening market. With the coming full moon we will see wild fluctuations in the 0.236-0.5 fibonacci gazers, and speculation that will drive LTC's rebound...

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Seeing the long term trends illuminated by more advanced chartists, HERE we follow the first trend. CMF shows a definite pattern of repetition. This cycle drops us off into this speculation and seems to correlate with quarterly periods. Pending corporate and government attention towards crypto, we see an appreciable manipulation on the original trend. Bubbles...

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Learning from others, and watching long term trends, we can see that the speculation from China helped push the bears' run harder and drop LTC under its original growth bubble. Correction velocity depreciates to new horizons. Following the possible trail upwards, we see the fibonacci extensions have pivotal roles in support & resistance lines. As with everything...

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Highlighting for a possible break up with new announcements and speculation. Reversal of last trend indicates a very strong bubble on traditional trending. Lots of news surrounding crypto - prevents any real speculation as to the top of this bubble.

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With Chaikin Osc indicating money flow exiting, the MACD convergence arcs at a lagging point, pushing fibonacci trends into the yellow to green balance zone until disrupted. Disruptions could be asian appliance companies announcing litecoin payments, money being parked in LTC until other markets balance, or increasing LTC acceptance with countries that BITCOIN has...

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With Aprils glimpse into bubble pop price increase we see a casual influx of money beyond the latest burst of China's pseudo-regulation and subsequent speculation bear. If the new money holds we may see a jump into the upper edge of last bubbles top, and would signify an increasing upward trend. Speculation aside I wouldn't expect great things until March-April,...

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Stumbled upon this: www.cryptocoinsnews.com And then there was this chart :D

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1/5/14 - $850 Another spot markup.

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Hang out at 30-32 before hitting the moon.

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Trading paused over new years will indicate downtrend, new money will pick up or leave the coin after the new year. Predicting influx, price point of 900 by Jan 7th does not seem unreasonable!

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What does this mean? :D

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With the ease of movement coming back to initial momentum, the Ichimoku cloud leads with a good sell pressure. Buy pressure is holding but as resistance. Note average sell pressure trend and 618 fibonacci level. Other indicators might show the momentum velocity trend but all signs point to LTC at 17.91-18.45 at new years PST.