$ZEC ｜Daily close below MA50｜MA50 1214.4
Before discussing capital flows, let’s first understand moving averages.
Long-term moving averages such as MA200 attract so much attention partly because so many people are watching them. When the price approaches one, volatility is often more pronounced.
The same moving average can have different value as a reference for different coins: for coins with more active trading and more people watching, reactions around the moving average tend to be clearer.
Understanding this indicator is meant to keep you from being misled by numbers, not to use it to predict price movements precisely.
#ZEC
Before discussing capital flows, let’s first understand moving averages.
Long-term moving averages such as MA200 attract so much attention partly because so many people are watching them. When the price approaches one, volatility is often more pronounced.
The same moving average can have different value as a reference for different coins: for coins with more active trading and more people watching, reactions around the moving average tend to be clearer.
Understanding this indicator is meant to keep you from being misled by numbers, not to use it to predict price movements precisely.
#ZEC