These are widely used and proven trading strategies that can be applied to different timeframes. We have processed the 2 best known for trading with crypto in the scanner. These are the EMA 5, 8 & 13 strategy. This is often used on timeframes below 1H for scalping. The other is the EMA 8, 21 & 55 strategy and is often used on timeframes higher than 1H. Philakone, a famous trader also uses it a lot. You can see at a glance what market you are in, bearish or bullish. When the fast EMA and the average EMA are above the slow EMA, we speak of a bullish trend and if they are below the slow EMA, we are talking about a bearish trend. But there are more findings to be spotted with this strategy. We will cover them all in this article. You probably already realized that we are not talking about EMA 5 or EMA 21 but about a slow, average or fast EMA. Below in the overview you can see what is meant.
Fast EMA = EMA 5 (5, 8, 13 strategy)
Fast EMA = EMA 8 (8, 21, 55 strategy)
Average EMA = EMA 8 (5, 8, 13 strategy)
Average EMA = EMA 21 (8, 21, 55 strategy)
Slow EMA = EMA 13 (5, 8, 13 strategy)
Slow EMA = EMA 55 (8, 21, 55 strategy)
The fast EMA crosses the average EMA.
When the fast EMA crosses the average EMA upwards, this is a bullish signal. If the crossing takes place above the slow EMA, this confirms a strong uptrend. If this intersection is under the slow EMA, this means that the trend intends to turn bullish.
When the fast EMA traverses the average EMA down, this is a bearish signal. If the crossing takes place below the slow EMA, this confirms a strong down trend. If this crossing is above the slow EMA, this means that the trend intends to turn bearish.
The fast EMA crosses the slow EMA
When the fast EMA traverses the slow EMA, this means the start of an uptrend. When the intersection is down, this means the start of a down trend.
The average EMA crosses the slow EMA
When the average EMA traverses the slow EMA upwards, this means confirmation of the uptrend. When the intersection is down, this means a confirmation of the down trend.
For all the above crossings, the trend is stronger when the EMA’s show fanning out (fanning out) than when the EMA’s stay close to each other. In MyCryptoradar the must have crypto scanner you can receive the alerts associated with these strategies. The alerts will contain the following symbols. In this way you can immediately see whether it is worthy of the trade or whether you should get out.
⛔️ = bearish
✅ = bullish
🔼 = wants to turn bullish
🔽 = wants to turn bearish