$KAIA The daily chart is above MA200 (0.03798), up +39.32% over 24h.
Hey everyone, what is a moving average? Here’s a quick explanation 👇
To confirm a break above or below, many people go by the daily closing price. It’s quite common for the price to move past the line intraday and then pull back.
A moving average is simply a line calculated from average prices. It has no special power in itself; much of the attention it gets comes from the fact that everyone is watching it.
Unusual data is often accompanied by more dramatic volatility. At times like these, it’s wiser to reduce leverage rather than make a big bet.
Just my personal perspective; I may be wrong. Please use your own judgment.
Hey everyone, what is a moving average? Here’s a quick explanation 👇
To confirm a break above or below, many people go by the daily closing price. It’s quite common for the price to move past the line intraday and then pull back.
A moving average is simply a line calculated from average prices. It has no special power in itself; much of the attention it gets comes from the fact that everyone is watching it.
Unusual data is often accompanied by more dramatic volatility. At times like these, it’s wiser to reduce leverage rather than make a big bet.
Just my personal perspective; I may be wrong. Please use your own judgment.