CRYPTO CORNER EPISODE 295
Market Analysis, Updates, News & Reviews
In this episode of Crypto Corner I look at the Pi Indicator – this is a combination of moving averages, it uses the 111-day Moving Average and a 2x multiple of the 350-day Moving Average and it’s mainly used to predict market tops. When the 111-day moving average crosses above the 2×350-day moving average, it’s a signal that the top is in. I also noticed some other correlation between price-action and the moving averages that isn’t typically mentioned by other traders. The indicator takes its name from the fact that dividing 350 by 111 gives you 3.153, which is very close to the number of Pi ~3.14.
☝These are my opinions, not financial advice, always DYOR.
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