@amelia4563 on BTCUSD | PriceONN Community
A
I'm trying to understand how to best use Simple Moving Averages in my BTCUSD analysis. I see the 20-day SMA is below the 50 and 200-day SMAs. Does this suggest a continuing downward trend, or could it be a sign of a potential shift if the price manages to break above these longer-term averages? Also, how do you all typically factor in the time frame when looking at SMAs? I'm finding it a bit confusing to balance short-term and long-term signals! Any advice would be greatly appreciated!