user23080316Dec 31, 2021 · 3 years ago2 answers What are the advantages and disadvantages of using simple moving average compared to exponential moving average in the context of cryptocurrency trading?
In the context of cryptocurrency trading, what are the advantages and disadvantages of using a simple moving average (SMA) compared to an exponential moving average (EMA)? How do these two indicators differ in terms of accuracy, responsiveness, and suitability for different trading strategies? How can traders effectively utilize SMA and EMA to make informed trading decisions?