nicolashuljich

$BTC/USD Technical Analysis of the Full Moon on September 2020

COINBASE:BTCUSD   Bitcoin
Blessings family of traders, may you are well and in peace, and hopefully having some nice profits today. I want to share you what happened exactly 1 year ago during the last Full Moon on September 2020. Understanding our past is key to have a better use of our present possibilities under similar circumstances.

Again, let's go quickly thorugh the basics of Moon Trading:
  • The day of the Full Moon usually is the lowest price of the month, sometimes this could be around 2 to 3 days prior or after the Full Moon.
  • The day of the New Moon usually is the highest price of the month, sometimes this could be around 2 to 3 days prior or after the New Moon.
  • The period between a Full Moon and a New Moon is two weeks, through which prices go up.
  • The period between a New Moon and a Full Moon is two weeks, through which prices go down.

Now, keeping this on mind, in the Full Moon on September 2020, $BTC had a fall of %18.81. To have even more perspective, in the Full Moon on September 2019 $BTC had a fall of %26.25. In the Full Moon on September 2018 $BTC had a fall of %7.36.

The question is, how deep is the fall in the Full Moon on September 2021? The answer so far: %12.15.

If we take these numbers as parameters, we can easily think that we are above the minimum (2018) but under the maximum (2019) which it could indicate there is a little bit more of room to keep falling, even the double, as it happened on 2019.

What have these Full Moons on September from each year in common? They all did rise again after the fall, and usually is kind of part of the rules, what it rises too much surely will fall, and what it falls too much must rise again.

Be patient, plan your entry and then do as you have planned.The best moment to buy usually is when the MACD's blue lines crosses above the red, and when the RSI is oversold/undervalued. Not yet there, but once we are be ready.

In a crisis there are two kind of people, those who cry and those who sell tissues. Which one are you? Let me know in the comments!

Keep an eye on it and let's make some nice profits with this amazing Moon Trading strategy! And remember to share this information so many more souls could become financially free and live a purposeful life!

This is not financial advice but for educational purposes only. Always do your own diligent research.

BTCUSD

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