$US Daily close fell below MA200 (0.01739), down 24.59% in 24h.
Guys, what is a moving average? Here's a quick explanation👇
To confirm whether the price has moved above or below it, many people use the daily closing price. It's not uncommon for the price to cross the line intraday and then move back across it before the close.
A moving average is simply a line calculated from historical data. It has no special power in itself. Often, it gets attention because so many people are watching it.
Don't change your original plan based on a single indicator—and never use borrowed money to test a prediction.
#US
Guys, what is a moving average? Here's a quick explanation👇
To confirm whether the price has moved above or below it, many people use the daily closing price. It's not uncommon for the price to cross the line intraday and then move back across it before the close.
A moving average is simply a line calculated from historical data. It has no special power in itself. Often, it gets attention because so many people are watching it.
Don't change your original plan based on a single indicator—and never use borrowed money to test a prediction.
#US