Best Bitcoin Trend Indicator for Bitcoin Trading
The best bitcoin trend indicator is the Moving Average bitcoin technical indicator.
The Moving Average indicator is used to determine the average direction of bitcoin trading prices. Traders can use the two moving averages to determine the bitcoin trend of the bitcoin prices.
Using two moving averages to determine the direction of bitcoin trading prices is known as trading using the Moving Average Cross-over Bitcoin Trading System.
The Moving Average crossover bitcoin systems uses two moving average one with a longer time period & one with a shorter time period.
Cryptocurrency signals are generated when two moving averages cross-over each other and begin heading in a particular direction either upwards or downwards.
To define a bitcoin trend using this Moving average bitcoin trading crossover bitcoin system both moving averages have to be moving in same direction.
For example for an upward bitcoin trend both MAs have to be moving upwards and for a crypto downward bitcoin trend both moving averages have to be heading down. If both moving averages are not moving in one direction together or both moving averages are moving sideways then it is best to wait on the sidelines before opening a new bitcoin trade.
Crypto trades should only be opened once both moving averages begin heading in one particular direction - downward or upwards.
MA Indicator
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MA Cross-over Bitcoin Strategy
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