It will go sideways for a few more days, as we get closer to the full moon, you will see some build up for a bull run. This at the end of the month. Even after the full moon will rise a bit more. I would put some Bollinger bands, not on that graph, but on a Steem/USD one, as you see them really narrow, wait for an upward breakout, if it happens, buy.But if it happens downwards, sell every coin you have, that's a crash.
You are viewing a single comment's thread from:
I always found lunar cycles and price fluctuations fascinating but for me it was a rabbit hole that just lead deeper and deeper (i.e. combining lunar cycles with fibs, what effect does Mars have, etc...) and ultimately became too confusing for entry.
Personally, I prefer looking at known levels where I can see buyer and seller activity. But whatever works right, I know people who are successful trading lunar cycles.
The moon is like a supercomputer in the sky, it controls everything down here. And technical analysis is only usefull to find entry and exit points, keep that in mind.