B2BX — MA (Moving Average) on charts by default settings
As we wrap up another week, we are pleased to inform you about the latest B2BX developments and media coverage.
First of all, B2BX Exchange was reviewed by crypto publication, Coinsutra.com earlier this week. The verdict was “B2BX is certain to rise higher than other crypto exchanges”, so a big thumbs up for us!
Next, we would like to inform you that we have launched MA (Moving Average) on the B2BX exchange charts by default settings. A Moving Average is a widely used indicator in technical analysis that helps smooth out price action by filtering out the “noise” from random price fluctuations. It is a trend-following or lagging, indicator because it is based on past prices.
The most common applications of moving averages are to identify the trend direction and to determine support and resistance levels. While moving averages are useful enough on their own, they also form the basis for other technical indicators such as the Moving Average Convergence Divergence (MACD).
Finally, in the build-up to the London Summit 2018 on 13th-14th November, please note that the B2Broker team will be present on booth no. 112 to discuss our liquidity and technology solutions. Let us know if you would like to arrange a meeting and remember to keep an eye open for in the press for announcements about our expo activities.
That sums it up for this week. Please don’t hesitate to contact us if you have any questions!
We wish you a great weekend!