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RE: Bitcoin Trend / No. 510 / The Trend Map
100 SMA is above 200 SMA so the upside move is more likely to continue.
What is full meaning of SMA? I just heard about this.
100 SMA is above 200 SMA so the upside move is more likely to continue.
What is full meaning of SMA? I just heard about this.
The simple moving average. The closing price of bitcoin (or any coin, stock, commodity) over a certain period averaged out. Price on each day / the number of days. Most exchanges will have an SMA line on the charts that you can access