11-23-2018, 08:35 PM
Begin with understanding what usually works on the larger markets (like the general indexes e.g. S&P500 etc).
Generally speaking long SMA's for cryptos work better now that there's a general BEAR trend.
This also is true for longer candles (= longer time periods). This due to the fact that longer candles (longer time...) cuts down on noise.
Noise is the number one problem during longer BEAR-trends and thus cutting it down (by using longer duration candles) will also result in better results.
Do understand that a 15 minute candle is the average of 15 candles and its result(s). 30 min candles is the result of 30 individual candles and their result and so on....
Generally speaking long SMA's for cryptos work better now that there's a general BEAR trend.
This also is true for longer candles (= longer time periods). This due to the fact that longer candles (longer time...) cuts down on noise.
Noise is the number one problem during longer BEAR-trends and thus cutting it down (by using longer duration candles) will also result in better results.
Do understand that a 15 minute candle is the average of 15 candles and its result(s). 30 min candles is the result of 30 individual candles and their result and so on....