"Golden Cross ahead? Here's how to use MA50 & MA200 for your crypto entry"
Do you want to better understand the crypto market and no longer just guess when to buy or sell? Then learn the language of charts – and start with two of the simplest, yet most powerful tools: MA50 and MA200.
These "Moving Averages" show you the average price of a coin over 50 or 200 time periods. They help you recognize trends early on – and that can make the difference between aimless trading and smart investing.
🔍 Here's what it's about:
MA50 = short-term trend
MA200 = long-term trend
Golden Cross (MA50 crosses MA200 from below): Often a bullish signal
Death Cross (MA50 falls below MA200): Often a warning sign for falling prices
And the best part: You can set this up directly in the Binance app – in less than 2 minutes!
📱 Here's how:
1. Open the app & log in
Start the Binance app and log in.
2. Choose your trading pair
Under "Markets", tap BTC/USDT, then select "Chart".
3. Switch to full screen mode (optional)
Rotate your smartphone or tap the chart icon in the top right corner.
4. Activate indicators
Tap on "Indicators" and select "MA".
5. Set MA50 & MA200
MA1: 50
MA2: 200
Adjust the color, confirm – done!
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