MoonTrader
Long

The bear moon has failed.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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If and when the market breaks through 395 resistance, I expect a bullish move through intraday resistance to the next level of daily resistance, which is at around $515-$535. Resistance at $450 is still considerable, but an interesting new moon pattern has me thinking the bull market may last quite a bit longer. As I've mentioned before, bullish full moons in the summer failed, making way for a long bear run. After that, the moons seemed to be good indicators until this most recent bearish new moon , despite which we are still in an uptrend. To me, this signals the beginning of a longer uptrend.

I'm still somewhat cautious since there is a lot happening in the next week or so, but I'm very optimistic for the time being. Look for a break of $395 for a safe entry.

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Thanks!
It could be a nice christmas present if you are right.
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MoonTrader JavaHut
For sure. ;)
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