Triple Exponential MA (TEMA) Bitcoin Analysis & TEMA Trading Signals

Created by Patrick Mulloy.

This btcusd indicator was originally used for technical analysis in the Stock exchange and Commodities cryptocurrency market before being used in cryptocurrency analysis.

This a bitcoin trend following technical indicator, it was intended to lessen the lag of the original exponential moving average.

The calculation is based on 3 EMAs:

• a single EMA
• a double Exponential Moving Average and
• a triple EMA

The three EMAs when combined produce a lesser amount of lag than any of the three EMAs.

Bitcoin Analysis and Generating Signals

The TEMA Bitcoin technical indicator can be traded in the same way as the original moving averages

The most popular technical analysis method of generating signals is to compare the moving average line and the bitcoin price action.

• A buy cryptocurrency signal gets generated when both the bitcoin price and the indicator are moving upward while
• A sell cryptocurrency signal gets generated when the bitcoin price & the indicator are both moving downwards.

Buy Sell Signal

BTCUSD Crossover Bitcoin Strategy

Another popular technical analysis method of TEMA is the cross-over system.

The TEMA crossover system includes 2 or more triple exponential moving averages crossing above/below each other to generate cryptocurrency signals. One indicator has fewer periods than the other. This system also will include combining it with other indicators as additional entry confirmation signals

BTCUSD Crossover Bitcoin Strategy