For me, nothing beats price and how it reacts around support/resistance levels. Do you use the MA as a dynamic level to actually trade off, or just as a guide for trend?
The 50, 100 and 200 seem to be the standards that people look at. They all see a reaction at different points. What are your thoughts on using them?
Nah, you know me mate. I'm all about support/resistance and trendlines when it comes to crypto. Trades to clean to need more. I use the 200 MA as a gauge to recognize when price has gotten silly high or over corrected.
I used all three of those MAs more when I was day trading. In fact the 200 MA made for a great play on the S&P 500 on friday, had I'd been paying attention to stocks LOL
i tink the market correction is over and BTC will start to surge, and after the chinese new year analyst are predicting a surge in the coin market led by BTC
Digging the video mate, great work.
For me, nothing beats price and how it reacts around support/resistance levels. Do you use the MA as a dynamic level to actually trade off, or just as a guide for trend?
The 50, 100 and 200 seem to be the standards that people look at. They all see a reaction at different points. What are your thoughts on using them?
Nah, you know me mate. I'm all about support/resistance and trendlines when it comes to crypto. Trades to clean to need more. I use the 200 MA as a gauge to recognize when price has gotten silly high or over corrected.
I used all three of those MAs more when I was day trading. In fact the 200 MA made for a great play on the S&P 500 on friday, had I'd been paying attention to stocks LOL
i tink the market correction is over and BTC will start to surge, and after the chinese new year analyst are predicting a surge in the coin market led by BTC
Hey, Do you think its worth it to HODL Bitcoin at the moment? Followed you too
nice post.thanks for shearing.
very nice video.
Looks like a down hill slide chart.
It'd be nice to see it go back up...so my dinky coins start doing something :)
Yeah, especially cus alot of alts are acting better than BTC, so once BTC gets in gear they should really go.
Hopefully that higher low holds!
Yeah, for real!
As always thanks for the update!
@bloggerslife
Interesting article! Checkout @cryptobroye for more bitcoin info and analysis. Im sure there's a lot we can learn from each other!