$XAN On the daily chart, price is above MA200 (0.0108).
Let’s break this number down.
MA200 on a daily chart is the average closing price over the most recent 200 days, and is often used as a reference line for the long-term trend. MA50 is commonly used to gauge the medium-term direction.
Indicators can be wrong, so don’t skip risk management: thinking in advance about what you’ll do if you’re wrong matters more than guessing correctly
#XAN
Let’s break this number down.
MA200 on a daily chart is the average closing price over the most recent 200 days, and is often used as a reference line for the long-term trend. MA50 is commonly used to gauge the medium-term direction.
Indicators can be wrong, so don’t skip risk management: thinking in advance about what you’ll do if you’re wrong matters more than guessing correctly
#XAN