Direction is NNE (north northeast) - MOON TIME

[Chef Ramsay]

Hodl, be calm and don't sell any. That's my rule.

Until there is some major adoption or news the price won't move much.

ETF, Gemini, eBay accepting btc,  Amazon accepting btc, banks using Bitcoin blockchain etc will be the type of things that will make the price shoot up.

Until then it'll just go up and down chump change amount.

steaming gas

Well I expected something negative from you Mr farting!!

And you got it from the fart factory whom many would urge you to ignore and not quote. You're not dealing with a calm holder nor anything else relating to solid bitcoin responsibilities. The negative is all-in from this trollypoop, quite obvious at this point and you should've found that out loud and clear prior to now.

[1715233363]

1715233363

[1715233363]

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[1715233363]

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[ask]

1h RSI < 30  STRONG BUY!

Pennant is ending: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:flag_pennant_continuation

[snowdropfore]

 you always give us hope,but the market seems sideways all the way to the death,may be sideways 3 more months

[eerygarden]

you always give us hope,but the market seems sideways all the way to the death,may be sideways 3 more months

Perhaps you would prefer his other thread where he calls doom all the time. 18 pages this thread. Jeez! Lets make it to 20.

[BitChick]

1h RSI < 30  STRONG BUY!

Pennant is ending: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:flag_pennant_continuation

If we look at the 1day interval on Bitcoinwisdom we have a perfect "cup and handle" formation too for the past 6 months.  I am not sure if I should read too much into the trends, but they are called "trends" for a good reason.

It should get fun pretty soon here I believe!

[zby]

1h RSI < 30  STRONG BUY!

Pennant is ending: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:flag_pennant_continuation

In the wrong direction.

[Wexlike]

1h RSI < 30  STRONG BUY!

Pennant is ending: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:flag_pennant_continuation

If we look at the 1day interval on Bitcoinwisdom we have a perfect "cup and handle" formation too for the past 6 months.  I am not sure if I should read too much into the trends, but they are called "trends" for a good reason.

It should get fun pretty soon here I believe!

You should also notice that the rsi is strongly in the oversold area in the 1d chart.
It also seems that the big market moves happen mostly on the weekends. Maybe to keep the ETFs out of the profitable moves. Or someone is filling his bag, getting ready for insider action.

Thus I agree, everything points up.

[rjclarke2000]

Direction seems a little SSE for now.

[ask]

Direction seems a little SSE for now.

Go two steps back,  and check again

[futurebit640]

I have a feeling we'll go into the 290-300 range next week, don't ask me why, my hunch is based on nothing solid. I expect us to reach 290 next week. We'll see if I'm right soon.

[ask]

Lows are higher, volume is low.
I am asking myself why shorters are not opening positions?
Weak longs already closed their positions.
200 EMA holds

What now?

[kryptopojken]

Not a fun day for bulls :/

[klee]

Trend still bullish, don't panic yet!

[randy8777]

Not a fun day for bulls :/

why? just because the dump a few minutes ago? this might be a good opportunity to buy some coins if you haven't already. buy when it goes down.  

[kryptopojken]

Not a fun day for bulls :/

Not a fun day for bulls longs:/

Fixed my post

[BitChick]

Trend still bullish, don't panic yet!

This appears to be the final "shakeout" before we rise.  It always seems to happen this way. 

[klee]

Trend still bullish, don't panic yet!

This appears to be the final "shakeout" before we rise.  It always seems to happen this way. 

Oups, not bullish anymore

https://bitcointalk.org/index.php?topic=1064374.msg12086201#msg12086201

[rjclarke2000]

Direction seems a little SSE for now.

Go two steps back,  and check again

Yep checked

[ask]

Nice shakeout.  Up we go now.

[ask]

Correction is over.  All facts in my OP still holds.