❗️ $KAIA Daily chart above MA200 🔥
Don’t get carried away just yet—understand moving averages first 👇
Moving averages are calculated from prices that have already happened, so they naturally lag. The longer the period, the smoother the moving average—and the slower it reacts.
The same moving average can also have different value as a reference for different coins: for coins with better liquidity and more people watching them, price reactions around moving averages are usually clearer.
Learning to read indicators is easy. The hard part is sticking to your plan when the market gets really exciting.
#KAIA
For reference only. Trade at your own risk.
Don’t get carried away just yet—understand moving averages first 👇
Moving averages are calculated from prices that have already happened, so they naturally lag. The longer the period, the smoother the moving average—and the slower it reacts.
The same moving average can also have different value as a reference for different coins: for coins with better liquidity and more people watching them, price reactions around moving averages are usually clearer.
Learning to read indicators is easy. The hard part is sticking to your plan when the market gets really exciting.
#KAIA
For reference only. Trade at your own risk.