200MA (Moving Averages) at Price Bottoms
Cycle 200MAs
Average 200MA
-42.34%
Median 200MA
-38.34%
Trimmed Mean 200MA (10/10)
-40.71%
Smallest 200MA
-16.83%
Largest 200MA
-100.00%
This chart shows the 200 Day Simple Moving Average for the moment each of the coins reached their price bottoms in the 4th cycle. So what does this mean? The 200MA, or 200SMA, simply means the average price for the past 200 days. "Simple" means that each day has equal weight, its a simple average. A reading of -10% means the price was 10% below the 200MA on the day of that coins bottom. You can see the curved lines of the 200MA in the technical analysis page of each coin. This master chart above is a snapshot of the 200MA when each coin reached their bottom. It gives us another valuable signal so we may understand what a bottom looks like, so we can better recognize their vicinity in the future.
It's interesting to see that the 200MA percent difference will always be negative during a bottom. This means that if the 200MA to price is positive, then it is not the bottom, ever. How many people do you know that check the MAs before buying? A lot of people that lose money in crypto buy when the MAs are in the wrong range. Its a simple but really powerful tool. If you see a really large 200MA number, it means the price fell aggressively, and a smaller number means the price landed at the bottom in a smother, softer fashion.