Bitcoin 200 ema

bitcoin 200 ema

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TradingView - Best Indicator - How To - 200 Moving Average (EMA)
CoinDesk Bitcoin Price Index (XBX) advanced cryptocurrency charts by MarketWatch. View BTCUSD cryptocurrency data and compare to other cryptos, stocks and. The EMA (Exponential Moving Average) is a technical indicator that plays a vital role in identifying trends, predicting market reversals. A moving average is an average price for a certain asset over a specified period of time. One of the most popular MAs is the day moving average.
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When the current price of a trading asset crosses below the moving average line, this can signal that bears are in control of the price action and, as such, you could interpret this as an indicator for assets further decline. Of course, if the price tends to trend lower, a lot of the traders will be looking for the price to bounce off the resistance of the day MA, which is considered to be a rather major one. Want to use this as your default charts setting? It provides traders with the crucial tool to identify a current trend or to spot a trend reversal.