Moon Math Update: Noob DCA Strategy — Second Edition — Vol. 3

# Moon Math Update
## Noob DCA Strategy
### Second Edition — Vol. 3

https://www.moonmath.win

I went looking for similar positions again and found this:

https://www.tradingview.com/x/xjwCAcpW/

That’s the 4 hour in August of 2016.

I’m comparing that to the daily chart we’re seeing today.

https://www.tradingview.com/x/cOOVXxmR/

* The trend is up
* There’s a tight ascending channel forming
* We’ve established a higher low in both price and RSI
* We’re ascending from a possible double bottom

The market is similarly hesitant, but you shouldn’t be. Continue making your regularly scheduled buys and wait for the market to sort itself out.

This is a long-term DCA, unlike the previous series which only last a few weeks. You should look to build your position using disposable income over the coming months and years. You want a solid position before the end of 2018.

Good hunting

### Previous posts in this series

* https://www.reddit.com/r/BitcoinMarkets/comments/8i81nr/moon_math_update_noob_dca_strategy_second_edition/
* https://www.reddit.com/r/BitcoinMarkets/comments/8h38jj/moon_math_update_noob_dca_strategy_second_edition/



View Reddit by jarederajView Source

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4 Comments

  1. WrangledViking
    May 16, 2018
  2. cypher437
    May 16, 2018
  3. NetTecture
    May 16, 2018

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