Cryptocurrency trading, Using moving averages on Poloniexweirdie (25)in #bitcoin • 7 years ago Sharing some good and important stuff on cryptocurrency trading tools #trading #crypto #tools
Good overview of moving averages. Followed you, please do the same @SuperSkillz.
Thanks. I'm following you now. If you liked the post please upvote.
Moving averages can be useful when trying to confirm other market signals and indicators. However, you shouldn't try to trade based on them alone, as they tend to lag a lot, so on their own they aren't very good at predicting price movements.