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Moving Averages

📢 Moving Average (MA)Hello, dear Friends!🧡🧡 Today we are talking about Moving Average (MA) !!! Link on a good view👇🏻 📢 The moving average is one of the oldest and most common technical analysis tools. The moving average - that's average price for a given period. 💡 The period for calculating the moving average is selected at the discretion of the analyst (for example, it can be 25 days). On my chart you can see 25-day moving average of Bitcoin price. 🧐 ☝🏻 Being the average price over the past 25 days, the moving average on th chart reflects the coincidence of investors' expectations over the past 25 days. If the price is above the moving average, then the current expectations of investors (i.e. the current price) are above the average of their expectations over the past 25 days and bullish sentiment is growing among investors. And vice versa: if the price is below the moving average, then current expectations are below their average level over the past 25 days. 🎯 Traditionally, a moving average is used to monitor price changes. Typically, investors buy when the price rises above the moving average, and sell when it falls below it. 👍🏻 The advantage of such a trading system using the moving average is, that it allows you to play in the direction of the current trend: after all, any more or less significant change in price is necessarily preceded by a corresponding breakthrough of the moving average curve. 👎🏻 Its disadvantage lies in a certain delay of signals. If the tendency of the trend is insignificant (usually it should be twice as long as the period of calculation of the moving average), then you will incur losses! That's because of this disadvantage I don't use this indicator.🤷🏻‍♀️ But many successful traders include it in their trading system. The choice is yours! 💪🏻🧡 Thank you for staying with me!💋 Sincerely your Rocket Bomb🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
28
RSI and breakoutsIve noticed that when : 1The RSI hits below 30 on the 30min sometimes 1hr time frame 2Then goes up to just before 70 ...say 67 on the RSI 3Then drops again to 25-29 THAT'S A BUY I think that would indicate a breakout to the upside. The RSI will go up and down in wave patterns. This doesn't mean the price will follow. BE CAREFUL. So, if it has to hit 70 on the RSI but doesn't. Then drops ,all those people who FOMOed in are FOMOing out at a lower price bringing it up but with more volume. THIS IS JUST ME TALKING AND NOT ADVICE.
KEducation
by UnknownUnicorn5174798
Bitcoin | Ascending Triangle & EMA50..!!BTCUSD (Update) In Daily Chart, Bitcoin forming Ascending Triangle Pattern. Daily EMA50 acting As Strong Support (Tested 3 Times in last 34 Days) In Bullish Case, If Resistance (10.4k) got Cleared, Next Stop Would be 11666. If Ascending Triangle & EMA50 (9.1K) Broken Down, then Bitcoin Might Test the Major Support (8.2k) By the Way, Volume has been Decreasing Since 10 May (Halving Hype), Big Move Ahead So Be Ready for Both Bullish & Bearish Scenarios. What We Do Now ?? If You're Holding Bitcoin, Set Stop Loss Below Daily EMA50 (9105) & Wait for Triangle Breakout..!! In Longterm, Bitcoin Might Retest the 6666 Area Before Triangle Breakout, Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!
BITSTAMP:BTCUSDEducation
by Faibik
2
Bitcoin | Ascending Channel & EMA50..!!#BTC (Update) Bitcoin Has been Moving Between 8.4k-10k Range from last 36 Days. (forming Ascending Channel) At the Moment, holding the Channel Middle line (9.6k Support) & EMA50 (9464) Now, there Are two Possible Scenarios..!! - In Bearish Case, If Bulls lost the Support, It Might Retest the 8.8k Area Support. - In Bullish Case, It Might test the Major Resistance (10k Area) Again, In Case of Rejection, There is a Possibility of Triple Top Formation 📉 Bitcoin CME Future Closed at 9800..!! Expanding Triangle Formation..!! According to Expanding Triangle, Big Move Ahead (Higher High or Lower Low) In Weekly Chart. Bitcoin Facing Longterm Downtrend line...!! In Weekly Candle Closed Below 9.6k or Trendline, Expecting Bearish Wave for Midterm. In Case of Trendline Breakout, There is a Possibility of Bitcoin Bull Run in Coming Days..!!| Waiting for Weekly Close 😎 Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!
BYBIT:BTCUSD.PEducation
by Faibik
6
How to use the new Anchored VWAP drawing toolThis chart shows the Nasdaq-100 ETF QQQ as a weekly chart going back several years. It shows price, volume , and the newest addition to all TradingView charts... Anchored VWAP. It's been added as a drawing tool and getting started is easy: 1. Select Anchored VWAP from the drawing tools list on the chart’s left-side panel. 2. Now select a point on the chart from which you would like to start your calculation. 3. Click that point and the VWAP line will instantly calculate and appear on your chart. 4. In addition, you can change the color and thickness of the Anchored VWAP line by double-clicking on it and adjusting its colors and style in Settings. Anchored VWAP displays the volume-weighted average price for a specific time period, starting from a user-selected point. In other words, Anchored VWAP shows the price of an asset adjusted for its volume starting from any point chosen on the chart. This is a powerful tool because it takes into account the number of shares traded at each price level and presents it as a smooth line anchored to any moment in time. We’re excited to help the trading and investing community by adding Anchored VWAP to all TradingView charts. Also, if you missed it, we’ve recently improved the original VWAP indicator and now you can choose the interval to calculate. This gives traders the ability to construct any VWAP line based on a time interval of their choosing. Please leave any comments or questions you may have in the comments below. If you're an expert at using Anchored VWAP , please share some tips and strategies so that new traders and investors can learn from you. Thanks for reading!
NASDAQ:QQQEducation
by TradingView
22