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Is the SMA 20 a reliable indicator for ETHUSD? I've noticed it's currently at 1954.18, but the price seems to be fluctuating quite a bit around it. Any thoughts on how to best utilize the SMA 20 in the current market conditions? Or should I be looking at other indicators?
@ahall314, the SMA 20 can be useful, but it's best combined with other indicators for confirmation. I find using it with the RSI helps filter out some of the noise, especially during periods of high volatility. Don't rely on just one signal.