The most effective bull and bear market indicator! Appeared 41 times in 8 years! The accuracy rate is 96%!
1.Indicator description
The moving average daily Ma144 is by far the best trend indicator for judging the bull and bear markets of Bitcoin. It has maintained ultra-high accuracy since 2015.
2.Indicator principle
Ma144 is the most widely used and consensus dividing line between bulls and bears in various traditional secondary markets, and technical parties have very strong consensus and trust in it. It is also very applicable in the currency circle. The more people use a technical indicator, the stronger the consensus and influence it will generate. Once the pressure level is reached and everyone agrees to sell, there will be strong selling pressure. In the absence of particularly strong independent buying, the price will be smashed down. The same goes for support levels.
3. How to use
Bitcoin Price Below Daily Line Ma144, Sell
Above the daily line Ma144, buy