TheSocialCryptoClub

Which day of the month to buy LUNA at DCA? Our Quant Answer!

BINANCE:LUNAUSDT   Luna / TetherUS
In this idea we want to show our operation as a long term trader - further definition for the term "Investors" - in which we select - doing also fundamental analysis - assets with long term bullish Bias.

In some of our portfolios we have LUNA, which we buy every month in Dollar Cost Averaging (DCA).

As Quant Traders and Investors, we have developed the Bias Analyzer to help us decide the day of the month when we can get a statistically advantageous price.

We notice that between the 19 and 21 the price of LUNA tends to fall and therefore today, we can buy at market whenever we want, considering that the day is calculated at midnight UTC .

Also we can combine the BIAS information by looking at the graph where is presented:
- Fibonacci levels or Hosoda's 50% to find a good point: 0.382, 0.500, 0.618, 0.786
- Support and Resistances provided by Ichimoku /Chikou

If you would like to automatize or remind, feel free to use our Open-Source DCA Bot Indicator
How do you guys calculate your DCA entries?

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