1. Trend Identification
If the price is above the 50 SMA and 200 EMA, the asset is in an uptrend.
If the price is below these averages, the asset is in a downtrend
2. Crossovers for Entry/Exit
A bullish crossover (when the 10 SMA crosses above the 50 SMA or 200 EMA) can indicate a potential buy signal.
A bearish crossover (when the 10 SMA crosses below the 50 SMA or 200 EMA) can indicate a potential sell signal.
3. Dynamic Support and Resistance
MAs often act as support in an uptrend and resistance in a downtrend. Watch how the price reacts near these lines to find entr
ies with lower risk.