Bitcoin - Full Moon

Bitcoin looks like it's found good support at its 0.236 Fibonacci Retracement - $9280; the 4 hourly candles RSI and MACD shows signs of the Bears tiring out, and the Bulls taking back control of the trend; with the Full Moon approaching on the 1st of March I see a potential rise in volatility to $13000 by then - 0.5 Fibonacci Retracement.

Potential buy in sign would be closing over $9900 on the daily chart; However, if we break under 0.236 - there will be little to no support...

Yorum:

Closing above $10300 on the daily should be a good sign that a steady trend is on a bullish trajectory

p.s correction - Full moon is on 2nd of March (UTC)

Yorum:

So far so good, closing over $11400 - 0.382 Fibonacci Retracement, will be a great sign forward for Bitcoin