MA Crossover Signals
Moving average technical indicator can be used to determine the momentum of a market move - momentum of a trend. In analysis there is method of using the moving average indicator just to do this. This method of bitcoin trading is known as the MA cross over crypto signal. This MA cross over cryptocurrency signal method involves using two moving averages - one moving average that has a higher bitcoin price period and another moving average that has a lower bitcoin price period. For example a moving average indicator crossover bitcoin system can have the 5 day moving average & the 7 day moving average.
These two moving averages will then be used to determine the direction of the market and also the momentum of the btcusd market trend.
Upward Bitcoin Trend - when both moving averages are heading upwards the bitcoin trend is upwards - upwards bitcoin trend direction
Downward Bitcoin Trend - when both moving averages are moving down the bitcoin trend is down ward - downwards bitcoin trend direction
The two moving averages also will be used to determine the momentum of the current market trend direction. As long as the two moving averages keep moving in the same direction then the current bitcoin trend direction is likely to continue.
If the two moving averages crossover each other - then it means that the bitcoin trend may change and a trader should get ready to open or to close a bitcoin trade depending on the direction of the market that the trader is trading.
A trader can learn more about how to use this MA cross over cryptocurrency signal and get an example of how this Moving Average crossover signal system is used to generate trade signals in the bitcoin strategy tutorial: MA Cross-over Signal Bitcoin Method
Beginner traders can also add this bitcoin strategy method in their system & combine this MA cross over method with other technical indicators to create a system. A trader will then write the rules of their system & use these written bitcoin rules to know when to open a buy bitcoin trade or a sell bitcoin trade and when to close the trade. To learn how to come up with a system -bitcoin-currency traders should go to the bitcoin strategies section of this website and read the bitcoin systems guides.
Bitcoin Trend Indicators Moving Average Indicator Analysis - Bitcoin Trend Indicator Meta Trader 4 Moving Average Indicator
