Are there any popular cryptocurrency trading strategies that incorporate the weighted moving average method?

1 answers

• Dec 15, 2021 · 3 years ago
  Yes, there are popular cryptocurrency trading strategies that incorporate the weighted moving average (WMA) method. One such strategy is the Golden Cross strategy. This strategy involves using two WMAs, typically the 50-day WMA and the 200-day WMA. When the shorter-term WMA (50-day) crosses above the longer-term WMA (200-day), it is considered a bullish signal, indicating a potential uptrend. Conversely, when the shorter-term WMA crosses below the longer-term WMA, it is considered a bearish signal, indicating a potential downtrend. This strategy aims to capture long-term trends and can be effective in identifying profitable trading opportunities.
  654327