📊 SMA on BTC and ETH
SMA (Simple Moving Average) — the simple moving average shows the average price over a chosen period. The most popular are:
- SMA50 — medium-term trend
- SMA200 — long-term trend
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📈 Analysis:
- BTC and ETH are trading above SMA50 and SMA200, indicating medium-term and long-term growth.
- For BTC, a breakout above $110,000 may strengthen the upward momentum.
- ETH is holding around $2,600 — a level at which growth may continue to $2,650–$2,700.
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🛠 Strategy:
1. Enter LONG when the price stays above SMA50 and SMA200.
2. Take profit if the price drops below SMA50.
3. Use a stop-loss slightly below SMA200 to limit risks.
4. Watch for the crossover of SMA50 and SMA200:
- Golden cross — buy signal.
- Death cross — sell signal.
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🎯 Tips:
- Complement SMA with RSI or MACD indicators to confirm the trend.
- Pay attention to volumes during breakouts — this strengthens the signal.
- SMA is a lagging indicator; combine it with faster indicators.
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🤔 :
Do you use SMA in your trading of BTC and ETH? Which periods do you find most useful?
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