$ICNT ｜Daily chart price above MA200｜MA200 0.1999
Before discussing capital flows, first understand moving averages.
The direction of the moving average itself also matters: price moving above it while the average is still trending down means something different from price moving above it after the average has flattened out.
In a sideways market, price often crosses the moving average repeatedly, so signals that it has moved above or below the average can easily be false. Moving averages are more useful in a one-way trend.
Extreme readings usually come with greater volatility. In these situations, it’s better to reduce leverage rather than make a large bet.
The above is compiled from public information. Please refer to the original text.
Before discussing capital flows, first understand moving averages.
The direction of the moving average itself also matters: price moving above it while the average is still trending down means something different from price moving above it after the average has flattened out.
In a sideways market, price often crosses the moving average repeatedly, so signals that it has moved above or below the average can easily be false. Moving averages are more useful in a one-way trend.
Extreme readings usually come with greater volatility. In these situations, it’s better to reduce leverage rather than make a large bet.
The above is compiled from public information. Please refer to the original text.