$ENA The daily price has fallen below MA50 (0.197).
Let's use this number to talk about moving averages.
One reason long-term moving averages like MA200 attract so much attention is precisely that so many people are watching them. When the price approaches one, the reaction is often more pronounced.
A moving average is just an averaged line; it has no magic in itself. Much of its importance comes from the fact that many people are watching it.
Understanding indicators is easy. The hard part is sticking to your rules when the market gets really heated.
Let's use this number to talk about moving averages.
One reason long-term moving averages like MA200 attract so much attention is precisely that so many people are watching them. When the price approaches one, the reaction is often more pronounced.
A moving average is just an averaged line; it has no magic in itself. Much of its importance comes from the fact that many people are watching it.
Understanding indicators is easy. The hard part is sticking to your rules when the market gets really heated.