moon strategy for bitcoin
as you can see from backtesting buying at a new moon has a very good strategy, especially when exiting after fullmoon
last couple of entries had the lowest risk at a prior stop level from a prior strong upmove that would be currently at 93600
however keep the seasonality in mind so selling of a prior daily high is also possible
my point here is to hold a trade for 14 days or at least have a clear direction till fullmoon, if price goes sideways the fair value gaps will provide re-entry spots...
last couple of entries had the lowest risk at a prior stop level from a prior strong upmove that would be currently at 93600
however keep the seasonality in mind so selling of a prior daily high is also possible
my point here is to hold a trade for 14 days or at least have a clear direction till fullmoon, if price goes sideways the fair value gaps will provide re-entry spots...
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.