Moving Average Whipsaws in Range Bitcoin Trading Market

Range Markets Bitcoin Trading Systems

The bitcoin trading moving average is a useful cryptocurrency chart indicator to trade with when a trend has formed. However the moving average cryptocurrency indicator is prone to whipsaws when the bitcoin price is trading in range market.

The Moving Average is prone to whipsaws during a ranging cryptocurrency 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 trend and then quickly changing to give sell bitcoin signals.

It is for this reason that the Moving average indicator should not be used to trade bitcoin trading 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 trading signals to trade bitcoin with.