$ERA daily close above MA50 (0.06353), 24h +10.69%.
Let’s unpack what lies behind this number.
Long-term moving averages like the MA200 are widely watched, partly because so many people are watching them. When prices approach these levels, reactions tend to be more pronounced.
In choppy markets, prices repeatedly cross moving averages, so signals from moving above or below them often fail. Moving averages are more useful in trending markets.
Keep extra margin for leveraged positions, so one sudden move doesn’t force you out of your position.
#ERA
Markets change quickly. Make your own decisions.
Let’s unpack what lies behind this number.
Long-term moving averages like the MA200 are widely watched, partly because so many people are watching them. When prices approach these levels, reactions tend to be more pronounced.
In choppy markets, prices repeatedly cross moving averages, so signals from moving above or below them often fail. Moving averages are more useful in trending markets.
Keep extra margin for leveraged positions, so one sudden move doesn’t force you out of your position.
#ERA
Markets change quickly. Make your own decisions.