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However, moving averages can not be called the best tool for trading bitcoins and other currencies. With so many people relying on trading bots, the question becomes which one can be trusted. Technical indicators: Bollinger bands, fibonacci, MACD, moving average, RSI like in Tradingview.
A single entity (entity could be a trader, or a group of traders), single handedly wash traded 24,000 Bitcoins in shorts. In fact, the funds ended up being sent outside the company to the attackerŠ²s wallet.