BTC Zhang Jie

1.

Moving average is the weighted average of daily closing price to get a trend track. Moving average system is a technical tool commonly used by most analysts. From a technical point of view, it is the factor that affects the psychological price of technical analysts, the decision-making factor of thinking and buying and selling. It is a good reference tool for technical analysts, and lags behind the price change

In fact,

moving average is the abbreviation of moving average. Because the index is an important index reflecting the price trend, once the trend is formed, it will continue to maintain for a period of time, and the high or low points formed by the trend have the function of blocking or supporting respectively,

therefore, the point where the moving average index is located is often a very important support or resistance level, which provides us with a favorable opportunity to buy or sell, The value of the moving average system is also here

extended data:

characteristics of moving average

1, trend tracking. The construction principle of moving average index determines that it has the characteristics of reflecting the trend of price operation

2, stable and lag. Because the moving average is a new price point line after the arithmetic average of the closing price, the moving average is more stable relative to the change of price

3

As for calculation, for example, the 30 day moving average is the closing price of the market in 30 days, which is divided by 30 to form the 30 day moving average, and then connected in turn to form the 30 day moving average