MA Whipsaws in Range Bitcoin Trade Market
Range Markets Bitcoin Systems
The btcusd trading moving average is a helpful and useful cryptocurrency chart indicator to trade with when a bitcoin trend has formed. However the moving average indicator is prone to whipsaws when the bitcoin price is trading in rangebound sideways market.
The Moving Average is prone to whipsaws during a ranging market because the bitcoin price is volatile and keeps moving around the average, causing the bitcoin trading moving average indicator to give bitcoin trading signals indicating upward bitcoin trend & then quickly changing to give sell signals.
It's for this reason which the Moving Average indicator should not be used to trade bitcoin in a range based market.
Range Bound Market ==22==and Whipsaws - How to Trade Bitcoin in a Range Market
This is why it's best to combine this bitcoin trading moving average indicator with other crypto indicators when generating bitcoin trade signals to trade bitcoin with.
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