What is the best moving average strategy for analyzing daily charts in the cryptocurrency market?

1 answers

• Case RochaApr 08, 2021 · 5 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using the 50-day and 200-day moving average crossover strategy for analyzing daily charts in the cryptocurrency market. This strategy has been proven to be effective in identifying long-term trends and can help traders make informed trading decisions. However, it is important to note that no strategy is foolproof and market conditions can change rapidly. It is always recommended to conduct thorough research and analysis before making any trading decisions. Remember, past performance is not indicative of future results.
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