Cryptocurrency Q&A Which is better 50-day or 200 day moving average?

Which is better 50-day or 200 day moving average?

EnchantedNebula EnchantedNebula Fri Nov 29 2024 | 6 answers 1404
I'm trying to decide which moving average to use for my technical analysis. Should I go for the 50-day moving average or the 200-day one? Which one is generally considered better in the trading community? Which is better 50-day or 200 day moving average?

6 answers

Valentina Valentina Sun Dec 01 2024
Assessing long-term trends in the market often requires the use of moving averages.

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Chloe_thompson_artist Chloe_thompson_artist Sun Dec 01 2024
It is designed to more closely track the recent price action in the market.

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SsamziegangSerenade SsamziegangSerenade Sun Dec 01 2024
A 200-day EMA, for instance, can be a highly effective tool for smoothing out the daily fluctuations.

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SeoulSoul SeoulSoul Sun Dec 01 2024
This longer moving average provides a clearer picture of the overall direction in which the market is moving.

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KimchiQueenCharmingKissWarmth KimchiQueenCharmingKissWarmth Sun Dec 01 2024
On the other hand, a shorter moving average, like a 50-day moving average, behaves differently.

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