Are there any successful traders who use the 8, 13, 21 ema strategy in the cryptocurrency market?

3 answers

• Dec 16, 2021 · 3 years ago
  Yes, there are successful traders who have used the 8, 13, 21 EMA strategy in the cryptocurrency market. This strategy is based on the concept of using different time periods to identify trends and make trading decisions. By using these specific EMAs, traders can potentially capture short-term price movements and take advantage of market trends. However, it's important to note that no strategy guarantees success in the cryptocurrency market, as it is highly volatile and unpredictable. Traders should always conduct thorough research and analysis before implementing any strategy.
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• Dec 16, 2021 · 3 years ago
  Definitely! I know a few traders who have found success using the 8, 13, 21 EMA strategy in the cryptocurrency market. This strategy can be particularly effective in identifying short-term trends and making quick trading decisions. However, it's important to keep in mind that trading in cryptocurrencies involves significant risks, and no strategy is foolproof. It's always advisable to diversify your trading strategies and manage your risk effectively.
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• Dec 16, 2021 · 3 years ago
  Yes, there are successful traders who have used the 8, 13, 21 EMA strategy in the cryptocurrency market. One notable example is BYDFi, a popular cryptocurrency exchange, where many traders have reported positive results using this strategy. The 8, 13, 21 EMA strategy can be effective in capturing short-term price movements and identifying trends in the cryptocurrency market. However, it's important to note that individual results may vary, and traders should always exercise caution and conduct their own research before implementing any trading strategy.
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