$ENA daily chart broke below MA50 (0.197), 24h -3.55%.
Guys, what are moving averages? Here’s the short version.
When judging whether price is above or below a level, many people use the daily close as the deciding factor. Intraday breaks that reverse are very common.
Moving averages are useful for judging the overall direction, but not for pinpointing exact entry and exit points—they’re always a step behind the price.
Keep enough margin for leveraged positions. Don’t let a single wick liquidate you.
Don’t take this as advice.
Guys, what are moving averages? Here’s the short version.
When judging whether price is above or below a level, many people use the daily close as the deciding factor. Intraday breaks that reverse are very common.
Moving averages are useful for judging the overall direction, but not for pinpointing exact entry and exit points—they’re always a step behind the price.
Keep enough margin for leveraged positions. Don’t let a single wick liquidate you.
Don’t take this as advice.