Every time the market experiences a turning point, the price of cryptocurrencies always captures the attention of the public in the crypto space, and each hype point is different. The rise in prices and the arrival of a bull market are what everyone truly hopes for and looks forward to.

There’s not much to say about the market situation, but it is important to note that regardless of a bull or bear market, timely stop-loss and take-profit are crucial for every investor. Avoid greed and impatience; transforming holdings into cash is necessary to ensure final profits. Do not attempt to pocket all profits; taking gains when available can effectively mitigate risks.

Trading must not be emotional; when in a good mood, one might recklessly invest with high leverage, and when in a bad mood, one may operate without considering costs. In such cases, one could fear that all the passion ends up in a total failure.

In investment, how much profit is secondary; preserving the principal is primary. If the principal cannot be preserved, what can be said about locking in profits or becoming rich? So today, let’s talk about the Exponential Moving Average (EXPMA indicator) and common candlestick chart patterns.

First, let’s take a look at the EXPMA indicator, which is a trend-type indicator. It is a moving average with exponentially decreasing weights. Its construction principle is to calculate the arithmetic average of closing prices and analyze based on the results to determine the trend of future price movements.

Compared to MACD and DMA indicators, the EXPMA indicator emphasizes the weight of the current day’s (current period) market price in its calculation formula. Therefore, the calculation formula of the indicator itself determines that as a type of trend analysis indicator, it overcomes the lagging signals of MACD in relation to price movements.

At the same time, it also eliminates the advance signals that the DMA indicator may produce at certain times regarding price trends, making it a very effective analysis indicator.