Although EMAs lagg but every trader at every level needs to have a combination of several that they use they are a vital tool for every trader and a must have the right EMA after the right market move can be your crystal ball to the next few weeks direction of a pair or as in this case Bitcoin in this chart you will see a cross of our 2 favorite emas after a few bearish 8 hour sessions this was a signal to us to short and this gave us 24,000 Bitcoin monkey nuts Its all about finding the right pair the right time frame and the right ema crossing this is especially important in Crypto currency trading where have little confluentual history to go on have a great trading week
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.