@bunkedscott
Moving averages (MAs) are key tools for identifying trends in cryptocurrency prices. A simple moving average (SMA) smooths out price data over a specific period, helping to spot long-term trends. The exponential moving average (EMA) gives more weight to recent prices, making it more responsive to market changes. Crossovers, like the “golden cross” (short-term MA crossing above a long-term MA), can signal bullish trends, while the “death cross” (short-term MA crossing below a long-term MA) may indicate bearish momentum. These signals, combined with other indicators, help traders make informed decisions.