We are going back to basics. These are the lessons I used to share in 2018.
The black line stands for MA200.
The magenta line stands for EMA55.
MA200 is a slow moving moving average.
EMA55 is a fast moving moving average, in comparison to MA200.
➖ The bullish cross
When EMA55 moves above MA200 we have a bullish cross. This is a bullish signal.
Here it happened in January 2023 and October 2023, in both cases this signal preceded a major rise in prices.
➖ The bearish cross
When EMA55 moves below MA200 we have a bearish cross. This is a bearish signal.
Here it happened recently, mid-August 2024. This signal points to a major decrease in prices.
These basic signals support all the more complex analyses I've been sharing.
There are many of these. I can find literally hundreds.
➢ If you have experience or have been with me for many years you will find this boring.
➢ If you are new, you might find this useful.
➢ If you've been burdened by too much information, too many opinions and complexity, you might find this enlightening and soothing for your mind.
In any case, please support this trade-idea with your comments and boost.
Thank you for reading.
Namaste.
The black line stands for MA200.
The magenta line stands for EMA55.
MA200 is a slow moving moving average.
EMA55 is a fast moving moving average, in comparison to MA200.
➖ The bullish cross
When EMA55 moves above MA200 we have a bullish cross. This is a bullish signal.
Here it happened in January 2023 and October 2023, in both cases this signal preceded a major rise in prices.
➖ The bearish cross
When EMA55 moves below MA200 we have a bearish cross. This is a bearish signal.
Here it happened recently, mid-August 2024. This signal points to a major decrease in prices.
These basic signals support all the more complex analyses I've been sharing.
There are many of these. I can find literally hundreds.
➢ If you have experience or have been with me for many years you will find this boring.
➢ If you are new, you might find this useful.
➢ If you've been burdened by too much information, too many opinions and complexity, you might find this enlightening and soothing for your mind.
In any case, please support this trade-idea with your comments and boost.
Thank you for reading.
Namaste.
İşlem aktif
Bearish cross over confirmed. Bitcoin is now moving lower and gaining in bearish momentum.
🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.