Triple Exponential Moving Average (TEMA) Bitcoin Analysis & TEMA Trading Signals

Developed by Patrick Mulloy.

This btcusd indicator was originally used for technical analysis in the Stock exchange and Commodities cryptocurrency market before being used in cryptocurrency trading technical analysis.

This a bitcoin trend following technical indicator, it was intended to lessen the lag of the original exponential moving average.

The calculation is based on 3 EMAs:

• a single EMA
• a double Exponential Moving Average and
• a triple EMA

The three EMAs when combined produce a lesser amount of lag than any of the three EMAs.

Bitcoin Analysis & Generating Trading Signals

The TEMA Bitcoin technical indicator can be traded in the same way as the original moving averages

The most popular technical analysis method of generating trading signals is to compare the moving average line and the bitcoin price action.

• A buy cryptocurrency signal is generated when both the bitcoin price and the indicator are moving upward while
• A sell cryptocurrency signal is generated when the bitcoin price & the indicator are both moving downwards.

Buy Sell Trading Signal

BTCUSD Trading Crossover Bitcoin Trading System

Another popular technical analysis method of TEMA is the cross-over system.

The TEMA crossover system includes 2 or more triple exponential moving averages crossing above/below each other to generate cryptocurrency signals. One indicator has fewer periods than the other. This system will also include combining it with other indicators as additional entry confirmation signals

BTCUSD Trading Crossover Bitcoin Trading System