Bitcoin's Moving Averages (Common, Weekly)
In a previous post, I introduced moving averages and common periods measured using daily closes. Now we look at the same number of periods measured but each period is one week instead of one day.
Using weekly closes, I have overlaid the SMAs and EMAs of commonly used sets. The same color represents the same set of periods while the brighter color is the EMA and the duller color is the SMA.
10 black
20 orange
50 red
100 pink
200 purple
500 dark blue
(not yet shown)
1000 light blue
1500 light green
2000 black
...
Next we will look at the other sets of periods previously using weekly data instead of daily.
Using weekly closes, I have overlaid the SMAs and EMAs of commonly used sets. The same color represents the same set of periods while the brighter color is the EMA and the duller color is the SMA.
10 black
20 orange
50 red
100 pink
200 purple
500 dark blue
(not yet shown)
1000 light blue
1500 light green
2000 black
...
Next we will look at the other sets of periods previously using weekly data instead of daily.
