What are the strategies for using EMA200 in cryptocurrency investments?

1 answers

• Jan 14, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using the EMA200 indicator in conjunction with other technical indicators such as the RSI or MACD. This can help confirm the signals provided by the EMA200 and increase the accuracy of trading decisions. Additionally, BYDFi suggests using a longer time frame, such as the daily or weekly chart, when analyzing the EMA200 indicator. This can help filter out short-term noise and provide a clearer picture of the overall trend. Remember, always do your own research and consider your risk tolerance before making any investment decisions.
  589295