What are the recommended EMA settings for day trading in the crypto market?

1 answers

• Dec 28, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using EMA settings of 9 and 21 for day trading in the crypto market. These settings are commonly used by professional traders and have shown good results in capturing short-term trends. However, it's important to note that EMA settings alone are not enough to make profitable trades. You should also consider other factors such as volume, support and resistance levels, and market sentiment. Remember, trading in the crypto market is highly volatile and requires careful analysis and risk management. Always do your own research and make informed decisions.
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