Cryptocurrency trading, Using moving averages on Poloniex

[weirdie]

Sharing some good and important stuff on cryptocurrency trading tools

Comments

[superskillz]

Good overview of moving averages. Followed you, please do the same @SuperSkillz.

[weirdie]

Thanks. I'm following you now. If you liked the post please upvote.

[jarexx]

Moving averages can be useful when trying to confirm other market signals and indicators. However, you shouldn't try to trade based on them alone, as they tend to lag a lot, so on their own they aren't very good at predicting price movements.