JRET
Long

Something about the moon?

BTCE:BTCUSD   Bitcoin / U.S. Dollar
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Crypto traders are always going on about the moon, so I've added lunar cycles over the price chart. Results were interesting. Price pivots at 420 in December and April coming very close to Full moons along with the beginning of this current up wave. We're at the critical 640 area, big resistance showing the first real challenge for the bulls. Wave indicator (thanks lazybear) indicating we're overbought. Personally feel that were going down for a while and coming back to retest this resistance (maybe even on the full moon?!) and breaking out then. Keep your wits about you, I'm sitting back to see how it all develops.
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