Analysis of MA Crypto Indicator

BTCUSD Crypto Currency Trend Identification

The bitcoin trading moving average technical indicator can be used as an technical indicator for generating trading signals. A buy or sell crypto signal is generated when bitcoin crypto currency price either moves above or below the Moving Average, respectively.

If the Moving Average is heading upwards in diagonal manner then the general market trend is upwards.

If the on the other hand the Moving Average is heading downwards in diagonal manner then the general price trend is downwards.

Upwards Bitcoin Trend/Bullish Trend

If the Moving Average is heading up, then the bitcoin trend is upward & the signal generated is a buy/bullish bitcoin trade signal.

As long as the bitcoin price is above the moving average then the bitcoin trend will remain as an up-ward trend. The MA will act as a 'support zone' and bitcoin price action of chart candlesticks should not close below the Moving Average.

Buy Trade Signal

When the bitcoin price moves above the Moving Average and closes above the MA, a buy bitcoin trade signal is generated.

BTCUSD Crypto Traders, who want to confirm the bitcoin trade signal before implementing it, should wait until the Moving Average line turns and starts to move in an up-ward bitcoin trend direction. It's always best to wait for the confirmation signal to reduce odds of a btcusd crypto whipsaw.

How to Day Trade Bitcoin: A Detailed Guide to Day Strategy - MA BTCUSD Trend Identification Bitcoin Strategy

How to Day Trade Bitcoin: A Detailed Tutorial to Day Trade Methods

Downward Bitcoin Trend/Bearish Market

If the Moving Average is heading down, then the bitcoin trend is downwards & the signal generated is a sell/short bitcoin trade signal.

As long as the bitcoin price is below the MA then the bitcoin trend will remain as a downward bearish Bitcoin trend. The MA will act as a "resistance level" & bitcoin price action of candlesticks should not close above the Moving Average.

Sell Trading Signal

When the bitcoin price moves below the Moving Average and closes below the moving average, a sell bitcoin trade signal is generated.

Those who want to confirm the signal should wait until the Moving Average line turns and starts to move in a downwards direction. This will minimize the chance of trading a btcusd crypto fake out.

How to Day Trade Bitcoin: A Detailed Guide to Day Strategies - MA Bitcoin Trend Identification Bitcoin Strategies

Down-ward Bitcoin Trend - How Do I Day Trade Bitcoin: A Detailed Tutorial to Day Trade Methods

Bitcoin Range Market signals

Range Bitcoin Market signals can also be identified using the MA Bitcoin Indicator.

MA Crossover Strategy Method Strategy

Moving average crossover method is also another signal generation strategy that is more favored by bitcoin traders compared to the above signal generation strategy method. Moving average crossover bitcoin strategy is also the simplest form of a bitcoin system widely used by online traders. This Moving Average crossover method is combined with other technical indicators to form more complex bitcoin systems & bitcoin strategies.

More Tutorials and Lessons:

Trade Bitcoin Trading