Aggregate 4th Cycle 50 Day Simple Moving Averages

50MA Chart Explanation

This chart shows the 50 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 50MA, or 50SMA, simply means the average price for the past 50 days. "Simple" means that each day has equal weight, its a simple average. A reading of -10% means the price was 10% below the 50MA on the day of that coins bottom. You can see the curved lines of the 50SMA in the technical analysis page of each coin. This master chart above is a snapshot of the 50MA 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.

Aggregate 4th Cycle 50MAs

Thoughts on these 50MAs

It's interesting to see that the 50MA percent difference will always be negative during a bottom. This means that if the 50MA 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 50MA number, it means the price fell aggressively, and a smaller number means the price landed at the bottom in a smother, softer fashion.