$Lobster broke below the daily MA200 (0.03272).
Guys, what are moving averages? Here’s a quick explanation👇
The so-called golden cross and death cross generally refer to the crossover between the daily MA50 and MA200: when the MA50 crosses above the MA200, it’s called a golden cross; when it crosses below, it’s called a death cross. These are crossovers between two moving averages, which is different from the price crossing a moving average.
A moving average is just a line calculated from statistical data. It has no special power in itself; much of its significance comes from the fact that everyone is watching it.
Indicators can fail, so don’t skip your stop-loss: thinking ahead about what to do if you’re wrong matters more than predicting correctly.
#龙虾
Guys, what are moving averages? Here’s a quick explanation👇
The so-called golden cross and death cross generally refer to the crossover between the daily MA50 and MA200: when the MA50 crosses above the MA200, it’s called a golden cross; when it crosses below, it’s called a death cross. These are crossovers between two moving averages, which is different from the price crossing a moving average.
A moving average is just a line calculated from statistical data. It has no special power in itself; much of its significance comes from the fact that everyone is watching it.
Indicators can fail, so don’t skip your stop-loss: thinking ahead about what to do if you’re wrong matters more than predicting correctly.
#龙虾