📈 Slow but Steady: Meet the 200-Day Moving Average
200 DMA is an indicator that shows the average price of an asset over the last 200 days. It moves slowly, but that is why it is respected by investors and institutions.
📊 Why do you need it?
— If the price is above the 200 DMA, it means the market is positive, likely a bullish trend
— If below, it’s bearish, prepare for pain and philosophical reflections
🧙♂️ It is respected by funds and traders. Why? Because it works. Not perfectly, but steadily, especially in combination with the 50 DMA!
🎯 Example:
BTC consistently stayed above the 200 DMA during the bullish market of 2020–2021. Then it fell below — and hello, crypto winter. In the picture, the 200 DMA is the blue line.
💡 Life Hack:
Watch for the moment when the price crosses the 200 DMA — this could be a signal to enter.
❓ Like all technical indicators, it is easiest to use on TradingView.
📋 How to view this?
— Go to TradingView
— Select any token, coin, or even stock
— Click on indicators and add 200 Day
And the site will calculate it for you and overlay the indicator on the chart, it’s all very simple
