MA Whipsaws in Range Bitcoin Trade Market
Range Markets Bitcoin Systems
The bitcoin trading moving average is a useful cryptocurrency chart indicator to trade with when a bitcoin trend has formed. However the moving average indicator is prone to whipsaws when the bitcoin price is trading in ranging market.
The Moving Average is prone to whipsaws during a ranging market because the bitcoin price is volatile and keeps moving around the average, causing the bitcoin trading moving average indicator to give bitcoin trading signals indicating upward bitcoin trend & then quickly changing to give sell bitcoin signals.
It's for this reason that the Moving average indicator should not be used to trade bitcoin in a range based market.
Ranging Market and Whipsaws - How to Trade Bitcoin in a Range Market
This is why it is best to combine this bitcoin trading moving average indicator with other crypto indicators when generating bitcoin trade signals to trade bitcoin with.
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