What is the Five Day Moving Average in the Coin Circle

What is the Five Day Front Warfare in the Coin Circle? What is the Five Day Front Warfare in the Coin Circle Calculate based on the common five buying and selling points in Bitcoin transactions. In each purchase, the larger the selling price difference, the smaller the selling price difference when the price reaches a certain level. This method takes various forms: firstly, to go long without significant trading volume; The second is to increase leverage through changes in market conditions to reduce profit margins; The third is to use the “four hour K-line technical indicators” (i.e. the moving average crossing BOLL) to analyze the market and provide a signal before entering the empty order; Thirdly, from the perspective of spot prices, the fluctuations do not affect the overall trend; The fourth is to judge whether a direction is correct using a short-term technical form; The fifth is the fluctuation caused by price changes over six different time periods

What is the 5-day moving average for coin speculation?

In the process of coin speculation, the 5-day moving average is one of the important reference indicators. This indicator can be used to judge whether the trend of a Cryptocurrency is strong, rising or falling. If the price falls below this indicator, it means that the bulls have insufficient power, while on the contrary, the bears’ energy is too concentrated, which will make the market’s bearish sentiment stronger For spot goods, the support point of the five day moving average is generally between $55000 and $58000. However, due to the current market being in a volatile stage (as shown in the figure), it is necessary to pay attention.