Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: altcoingamer on August 03, 2018, 10:12:40 PM

Title: 200 Day Moving Average BTC/USD - All you really need to know right now
Post by: altcoingamer on August 03, 2018, 10:12:40 PM
200 Day MA will be the only indicator to get us out of this down trend/consolidation.  So far it's been rejected 4 times, is the 5th time now that it's curving down going to be the charm?  Simple moving averages seem to be so simple yet so effective in analyzing long-term trends.  I highly recommend new people try 50/100/200 DAY MAs on their charts and look for support and resistances based off of these indicators, can be very good stuff... the lower the time frame, the shorter duration for the setup of a trend.

(https://www.tradingview.com/x/vZBLmhzT/)