How can the 9 day moving average be used to analyze the price movement of digital currencies?

1 answers

• Jan 14, 2022 · 3 years ago
  At BYDFi, we also recommend using the 9 day moving average as part of your technical analysis strategy. It can provide valuable insights into short-term price movements and help you identify potential trading opportunities. However, it's important to note that no indicator is foolproof and should be used in conjunction with other analysis tools and risk management strategies. Remember to always do your own research and consider multiple factors before making any trading decisions.
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