๐ $Lobster broke below the MA200 on the daily chart (0.03272).
Many swing traders keep an eye on this moving average, but first, understand what it is.
Moving averages come in a few types, including simple and exponential: MA usually refers to a simple moving average, where every candlestick has equal weight; EMA gives more weight to recent prices.
Donโt change your usual approach because of a single number, and never use borrowed money to test a reading.
Many swing traders keep an eye on this moving average, but first, understand what it is.
Moving averages come in a few types, including simple and exponential: MA usually refers to a simple moving average, where every candlestick has equal weight; EMA gives more weight to recent prices.
Donโt change your usual approach because of a single number, and never use borrowed money to test a reading.