In my years as a commodity trader, it crossed my desk multiple times the incredible frequency in which full moons aligned with significant price action sessions amongst precious metals; almost with a degree of precision that is hard to believed if measured too closely.
Tonight there will be the first Blood Moon since 2022, which stood out to me on the session that gold set new all time highs and silver showed signs of incredible strength and momentum.
I was curious of the rarity of Blood Moons, and upon learning the date of the last occurrence, something stood out to me. I knew it was right around the time that the FTX disaster found a bottom, and a new bull market kicked off in equities on the back of AI exuberance.
Then I looked a little closer. They were not just close in proximity, but the last Blood Moon occurred nearly at literal Bitcoin bottoms in the wake of the FTX disaster.
Whoa. Okay, certainly there are coincidences out there, and I've seen technical analysis referred to as "astrology for men" enough times to exercise a little restraint on this topic, but I found it fascinating.
Will this Blood Moon mark a local low before resumption of bullish momentum? Will equities have marked a bottom too?
RSI around both events reached very similar levels too.
For those that want to investigate further, check out the 2014 Blood Moons on top of a Bitcoin chart.
Tonight there will be the first Blood Moon since 2022, which stood out to me on the session that gold set new all time highs and silver showed signs of incredible strength and momentum.
I was curious of the rarity of Blood Moons, and upon learning the date of the last occurrence, something stood out to me. I knew it was right around the time that the FTX disaster found a bottom, and a new bull market kicked off in equities on the back of AI exuberance.
Then I looked a little closer. They were not just close in proximity, but the last Blood Moon occurred nearly at literal Bitcoin bottoms in the wake of the FTX disaster.
Whoa. Okay, certainly there are coincidences out there, and I've seen technical analysis referred to as "astrology for men" enough times to exercise a little restraint on this topic, but I found it fascinating.
Will this Blood Moon mark a local low before resumption of bullish momentum? Will equities have marked a bottom too?
RSI around both events reached very similar levels too.
For those that want to investigate further, check out the 2014 Blood Moons on top of a Bitcoin chart.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。