Arnaud SAINT-MARTIN pfp
Arnaud SAINT-MARTIN
@anou91
Moving Averages (50 MA/200 MA) in Cryptocurrencies Moving Averages (MA) are technical indicators that help traders smooth out price fluctuations and identify the direction of trends. In cryptocurrencies, as in traditional markets, the 50-day (50 MA) and 200-day (200 MA) moving averages are most commonly used. Here's how they work and why they're important: šŸ”µ 50 MA (50-day moving average): This is the average price value of an asset over the last 50 days. It is more sensitive to price fluctuations and is often used to analyze short-term trends. When the price is above the 50 MA, it indicates an uptrend; below, a downward trend. šŸ”µ 200 MA (200-day moving average): This is the average price value over the last 200 days. This indicator is less affected by short-term fluctuations and helps identify long-term trends. If the price is above the 200 MA, it signals a long-term bull market; underneath, a bear market.
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Arnaud SAINT-MARTIN pfp
Arnaud SAINT-MARTIN
@anou91
Part 2/2 : šŸ”µ Golden Cross and Death Cross: ā€” Golden Cross occurs when the 50 MA crosses the 200 MA from below. This is considered a strong buy signal and may indicate the start of a long-term uptrend. ā€” Death cross occurs when the 50 MA crosses the 200 MA from above. This signal indicates a potential downtrend and can herald the start of a bear market. CryptoFam #Crypto #cryptofam
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