🐋 $PUMP The daily chart is above MA50 (0.004671).
Moving averages on the daily timeframe are levels many swing traders watch, but first, let’s understand what they are.
There are two types of moving averages: simple and exponential. Here, MA usually refers to the arithmetic average, where each candlestick has equal weight; EMA gives more weight to recent prices.
Learning to read indicators isn’t hard. The hard part is sticking to your rules when the market is at its most exciting.
Moving averages on the daily timeframe are levels many swing traders watch, but first, let’s understand what they are.
There are two types of moving averages: simple and exponential. Here, MA usually refers to the arithmetic average, where each candlestick has equal weight; EMA gives more weight to recent prices.
Learning to read indicators isn’t hard. The hard part is sticking to your rules when the market is at its most exciting.