Moving Average BTCUSD Analysis & Moving Average Trading Signals
An technical indicator which calculates the average value of bitcoin prices (or any specified price data series) over a predetermined period of time.
Only significant difference between the various types of MAs is weight assigned to most recent data. Simple moving averages apply equal weight to the bitcoin prices. Exponential & weighted averages apply more weight to recent bitcoin prices.
Explanation
The most popular method of analyzing the Moving Average is to compare the relationship between the Moving Average of the bitcoin price with the bitcoin price itself. A buy cryptocurrency signal is generated when the bitcoin price rises above its Moving Average and a sell cryptocurrency signal is generated when the bitcoin price falls below its Moving Average.
MA Technical Indicator
Buy and Sell Bitcoin Trading Signals generated by Moving Average crossing above or below the bitcoin price action.
Moving Average Crossover Strategy
Also popular are various types of moving average cross over systems. Such systems often include 2 or more moving averages crossing above/below each other & perhaps even utilizing other technical indicators as additional entry & exit confirmation trading signals. Combinations of conditions for these types of systems are almost limitless.
Moving Average Crossover System