Triple Exponential Moving Average MA (TEMA) Bitcoin Analysis & TEMA Trade Signals
Developed by Patrick Mulloy.
This btcusd indicator was originally used for technical analysis in the Stock exchange and Commodities cryptocurrency market before being used in cryptocurrency analysis.
This a bitcoin trend following technical indicator, it was intended to lessen the lag of the original exponential moving average.
The calculation is based on 3 EMAs:
- a single EMA
- a double Exponential Moving Average and
- a triple EMA
The three EMAs when combined produce a lesser amount of lag than any of the three EMAs.
Bitcoin Analysis and Generating Signals
The TEMA Bitcoin technical indicator can be transacted in the same way as the original moving averages
Most popular trading analysis method of generating signals is to compare the moving average line and the bitcoin price action.
- A buy cryptocurrency signal gets generated when both the bitcoin price and the indicator are moving upward while
- A sell cryptocurrency signal is generated/derived when the bitcoin price & the indicator are both moving downwards.
Buy Sell Signal
BTCUSD Crossover Bitcoin Strategy
Another popular technical analysis method of TEMA is the cross over trading strategy.
The TEMA ==22==crossovercross-over system includes 2 or more triple exponential moving averages crossing above/below each other to generate cryptocurrency signals. One indicator has got fewer periods than the other. This system will also include combining it with other trading indicators as an additional entry confirmation trade signal
BTCUSD Crossover Bitcoin Strategy
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