EnchantedNebula
Fri Nov 29 2024
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6 answers
1404
Which is better 50-day or 200 day moving average?
I'm trying to decide which moving average to use for my technical analysis. Should I go for the 50-day moving average or the 200-day one? Which one is generally considered better in the trading community?
Dario
Sun Jun 23 2024
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5 answers
679
What is bitcoin's 200-day simple moving average?
Could you elaborate on what the 200-day simple moving average for Bitcoin actually represents? I've heard it's a crucial indicator for investors, but I'm not entirely sure how it's calculated or how it's used to analyze Bitcoin's price movements. Specifically, I'm interested in understanding how the past 200 days' closing prices are averaged and how that average informs trading decisions. Is it a reliable indicator for predicting future trends? What are some common misconceptions surrounding its use?
