Introduction and analysis of commonly used indicators in the cryptocurrency circle (Part 1)
1. MA moving average
MA (Moving Average) is an important reference indicator for measuring the main cost. It is used to observe price change trends and play a role in testing pressure and support. When used as a trend judgment, the longer the period, the more effective it is. On the other hand, it should be noted that when the moving average forms a long arrangement, the short-term moving average is used as the basis for holding positions.
Application Rules: Gurdjieff’s Eight Rules:
1. The average line gradually flattens from falling. When the price breaks through the average line from below, it is a buying signal.
2. The price continuously rises away from the average line, and the price suddenly drops, but does not fall below the rising average line. When the price rises again, you can add more buying.