📎 Data: $US | Daily close above MA200 | MA200 0.01724
· Definition: A moving average is the average closing price of the most recent N candlesticks. It rolls forward by one candlestick each time a new one forms, and when plotted together, these points form the moving average line.
· How to read it: The relationship between short- and long-term moving averages is often used to gauge the overall trend: a short-term average above the long-term average is generally bullish, while one below it is generally weaker. However, both only describe past price movements.
Leave enough margin for leveraged positions—don’t let a single wick wipe out your position.
Not a recommendation; make your own trading decisions.
· Definition: A moving average is the average closing price of the most recent N candlesticks. It rolls forward by one candlestick each time a new one forms, and when plotted together, these points form the moving average line.
· How to read it: The relationship between short- and long-term moving averages is often used to gauge the overall trend: a short-term average above the long-term average is generally bullish, while one below it is generally weaker. However, both only describe past price movements.
Leave enough margin for leveraged positions—don’t let a single wick wipe out your position.
Not a recommendation; make your own trading decisions.