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RE: WTF Ethereum? Snap Chart Reading Of Ethereum's Fall (The Cryptoverse)

in #ethereum7 years ago

Hi Chris, you mentioned that by changing the 200-day moving average and the 50-day moving average, the information will be LESS RELIABLE. I don't see the benefit to changing it. Yes, the two lines may cross in the near future; but eventually, the price will move up again. My gut feeling is don't change it. 😀

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It's a trade off between the speed of the indicator and the reliability. I mean what good is an indicator that doesn't indicate a downtrend until the downtrend has almost finished? :D