T3 Moving Average Bitcoin Analysis & T3 Moving Average Trading Signals
T3 uses a Smoothing factor/technique to produce trading signals that are similar to those of the moving averages, but are more accurate than those of the Moving Average. The T3 is a modification of method used to calculate the original Moving Average and it has a smoother curve and it does not lag the btcusd trading market as much as the Moving Average. This Indicator follows bitcoin price action and adjusts itself to the direction of the market.
BTCUSD Analysis & Generating Trading Signals
T3 moving average is similar to the original MA, & it can be traded in the same way as the original Moving Average indicator.
Moving Average BTCUSD Trading Crossover Trading Signal
This Technique involves using 2 T3 Moving Average and generating signals when the 2 cross each either upwards generating an upwards trend signal or cross downwards generating a downward trend Signal.
Crossover Signal
Bullish BTCUSD Trend - Prices are bullish as long as bitcoin price action remains above the indicator. When this move happens it implies that bitcoin prices are bound to continue moving upwards.
Bearish Trend - Prices are bearish as long as bitcoin price action remains below the T3 Average. When the bitcoin price is below the indicator it implies that bitcoin price is bound to continue moving downwards.
Whipsaws - This is a smoothed indicator which is not prone to giving out whipsaws, since it's smoothed it is less responsive to bitcoin price spikes, therefore a bitcoin price spike will not skew the data used to calculate and draw it.