Ninjastic
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Board Trading Discussion
Re: Is the bear market over? Important Weekly close!
by
icet208
on 14/05/2019, 12:23:07 UTC
Quote from: Mpamaegbu on May 14, 2019, 12:17:30 PM
Quote from: icet208 on May 14, 2019, 11:04:45 AM
Quote from: Mpamaegbu on May 14, 2019, 10:54:48 AM
Quote from: icet208 on May 06, 2019, 07:43:54 AM
Last few weeks have been quite bullish for BTC.
As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.


Is the MA Simple or Exponential MA? I like to try it on other pairs too

Yes, certainly the bull run most of us went into prayers for is finally here. I know some weak hands are selling off in panic thinking a bubble is likely at this time. Well, we are likely to have corrections from time time but not a dip like we had again. It's now moon time.

You can see it on top left its MA (Simple moving average).
No, it's not indicated top there. You only have MA which simply is a Moving Average. MA could be Simple, Exponential, or Smoothed. But I got your point. Thanks.
This is how TradingView are showing moving avarages.
In the img below: EMA - exponetial moving average
                           MA - simple moving average
                           SMMA - simple moving average smoothed