Which day of the month to buy ETH at DCA? Our Quant Answer!
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 ETH, 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 10 -11 and between the 21-22 the price of ETH tends to fall and therefore in those days, 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?
In some of our portfolios we have ETH, 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 10 -11 and between the 21-22 the price of ETH tends to fall and therefore in those days, 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?
- Scalping The Bull Indicator: linktr.ee/scalpingthebull
- Scalping The Bull Training: tinyurl.com/corsoindicatorepro
- AlgoTrading Training: tiny.one/corsopinescriptbase
- Crypto News: t.me/joinchat/StkXJM
- Scalping The Bull Training: tinyurl.com/corsoindicatorepro
- AlgoTrading Training: tiny.one/corsopinescriptbase
- Crypto News: t.me/joinchat/StkXJM
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