Recursive Moving Trend Average Bitcoin Trading Analysis & Trading Signals

This Technical Indicator is calculated using a math polynomial fit, the formula is referred as a Recursive Moving Polynomial Fit.

This formula used to calculate this indicator only requires a small set of previous data to calculate and predict the next direction of bitcoin trading price movement. The example illustrated below shows two Recursive Averages combined to form a crossover cryptocurrency trading system method.

Bitcoin Analysis & Generating Trading Signals

The best technical analysis method is the cross-over method where you can combine two recursive averages, such as the 14 & 21. When the two cross-overs each other upwards then that's a bullish signal while a downward crossover is a bearish signal.

Buy Sell Trading Signal

The Recursive Average looks similar to the traditional moving average, the only difference is that's much smoother due to the technique of calculation that it uses & much less prone to whipsaws.