Unveiling Moving Averages: Essential Tools for Bitcoin Trading

July 8, 2024 Bitcoin.com

200-day SMA

Just like oscillators, moving averages (MAs) are indispensable tools in technical analysis, providing traders with insights into price trends and potential market reversals. In this learning and insights article, we’ll delve into the history, types, and application of moving averages leveraged in bitcoin trading, highlighting their significance and utility in the crypto market. The History […]

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Is the altcoin market set for an ‘explosive rally?’ Analysts eye these 3 indicators

May 12, 2024 Coin Telegraph

bitcoin dominance

Although the altcoin market cap has declined nearly 20% over the past month, traders remain bullish, anticipating that an "explosive rally" phase is yet to come.

The altcoin market is currently at the "disbelief stage," which, if history repeats, could soon move on to an "explosive rally," according to crypto traders closely watching three techindicators for confirmation.

“Altcoins market cap is currently at the disbelief stage, historically followed by an explosive rally,” crypto analyst Milkybull crypto told their 66,600 X followers in a May 11 post.

The disbelief stage is when investors remain skeptical despite positive market indications, as reflected by a significant drop of 24 index points on the Fear and Greed Index over the past 30 days. The "Greed" score is currently 56.

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Ethereum Breaking Out As Indicators Flip Bullish for First Time Since November 2021: Popular Trader

April 5, 2023 The Daily Hodl

Altcoin Sherpa

A widely followed crypto analyst says key indicators are flashing bullish signals for Ethereum (ETH) for the first time since November 2021. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 194,400 Twitter followers that the price of Ethereum is now trading above its one-day Exponential Moving Averages (EMAs) after a breakout. […]

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Bitcoin, Ethereum and One Metaverse Altcoin Turning Bullish, According to Closely Followed Trader

July 20, 2022 The Daily Hodl

34 EMA

A popular crypto strategist is predicting what’s next for a trio of digital assets as the markets try to keep the recent rally going. The pseudonymous crypto trader Cheds tells his 274,100 Twitter followers that he’s looking at Bitcoin (BTC) on the 34-day estimated moving average (EMA). He says this is the first time the […]

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History Suggests Bitcoin Bottom Still Not In, Says Top Crypto Analyst – Here’s His Target

June 9, 2022 The Daily Hodl

Bitcoin

A popular crypto strategist is looking at one key metric to determine whether or not Bitcoin (BTC) has finally reached the bottom during the current extended bear market. The pseudonymous trader Rekt Capital offers his 312,800 Twitter followers a lengthy thread about how Bitcoin’s price is affected by its exponential moving average (EMA), a calculation […]

The post History Suggests Bitcoin Bottom Still Not In, Says Top Crypto Analyst – Here’s His Target appeared first on The Daily Hodl.

exponential moving average

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