Moving Average Bitcoin Methods
- Bitcoin Price Period of MA
- SMA, Exponential Moving Average, Linear Weighted MA & SMMA
- Moving Average Bitcoin Trend Identification
- MA Whip-saws in Ranging Markets
- MA Crossover Strategy Method
- MA Support & Resistance
- How to Choose a MA
- Short Term and Long Term Setups
- 20 Bitcoin Pips Price Range Strategy
About the Moving Average Strategy
Bitcoin Moving average is one of the most widely used Bitcoin Indicator because it is simple and easy to use.
This Bitcoin Indicator is a bitcoin trend following technical indicator that is used by Bitcoin traders for three things:
- Identify the beginning of a new market trend
- Measure the sustainability of new bitcoin trend
- Identify the ending of a bitcoin trend & signal a reversal bitcoin signal
The Bitcoin Moving Average or Bitcoin Moving Average is used to smooth out the volatility of bitcoin price action. The Moving Average is an overlay cryptocurrency indicator & it is placed on top or superimposed on the bitcoin price chart.
On the example cryptocurrency chart below the blue line represents a 15 period MA, which acts to smooth the volatility of bitcoin price action.
Bitcoin MA Technical Cryptocurrency Indicator - MT4 Chart Indicators
Calculation of the Moving Average
The Bitcoin Moving Average is also known as Moving Average - is calculated as an average of bitcoin price using the recent most bitcoin price data.
If the Moving Average uses the 10 period to calculate the average of the bitcoin price then it is known as to as a 10 period bitcoin trading moving average, because most traders use the day as the standard bitcoin price period we shall just refer to it as the 10 day Moving Average.
To calculate the ten day Moving Average the bitcoin price of the last 10 days is averaged, the bitcoin trading moving average indicator is then updated constantly after every new bitcoin price period. So after each new bitcoin price period is formed the moving average is then calculated afresh using the most recent 10 bitcoin price periods, that is why it is called a moving average because the average is constantly moving when bitcoin price data is updated.
