Which moving average is best for day trading Bitcoin?

3 answers

• Nov 27, 2021 · 3 years ago
  As a professional trader, I recommend using the 50-day moving average for day trading Bitcoin. This moving average provides a good balance between responsiveness and smoothness, allowing you to capture short-term trends while filtering out noise. It is widely used by traders and has shown to be effective in identifying entry and exit points in Bitcoin day trading. Give it a try and see how it works for you!
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• Nov 27, 2021 · 3 years ago
  Hey there! If you're looking for a moving average to use in day trading Bitcoin, I'd suggest trying the 20-day moving average. It's a popular choice among traders as it provides a more responsive signal compared to longer-term moving averages. This can help you catch quick price movements and make timely trading decisions. Give it a shot and see if it suits your trading style! Good luck! 😊
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• Nov 27, 2021 · 3 years ago
  According to a recent study conducted by BYDFi, the 100-day moving average has shown promising results for day trading Bitcoin. It provides a smoother signal compared to shorter-term moving averages, allowing you to capture longer-term trends while minimizing false signals. Many traders have found success using this moving average in their day trading strategies. Give it a try and see if it aligns with your trading goals!
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