bitcoin update
Moving averages
Moving averages are vital data for the market, but all have one common constraint - they are behind current events. By that time, when the moving average is bent for 20 period, confirming the trend, the movement is already going with the force and the president can even finish. Although faster options (such as exponential moving averages) increase signal speed, they all send trading signals very late in moving averages
Moving averages are vital data for the market, but all have one common constraint - they are behind current events. By that time, when the moving average is bent for 20 period, confirming the trend, the movement is already going with the force and the president can even finish. Although faster options (such as exponential moving averages) increase signal speed, they all send trading signals too late
Intersections represent significant changes in momentum and support / resistance levels regardless of the time period. Consequently, many traders can adhere to the moving averages and know most of what they need to know. The most common parameters for moving averages are: ** 20 days for short-term trends, 50 days for the medium term and 200 days for large images
https://www.tradingview.com/i/doCGnLTx/
This happens when the 50-day moving average breaks above the 200-day moving average. On the contrary, the "cross of death" recovers the strength of the bears when the 50-day moving average falls below 200 days. The 200 Day MA is the major resistance after the 50-day moving average and the main support after the 50-day MA has broken above it. When the price is locked between the two 50-day and 200-day moving averages, it can fluctuate over and over in the price range set by these limits. These fluctuations are an excellent opportunity to trade in the short term (swing trades)