Technical Note｜$BULLA ｜Daily price moves above MA50｜MA50 0.08133
First, a definition: “moving above” or “breaking below” here means the price crossing a moving average. It’s not the same as a golden cross or death cross: a golden cross usually means a short-term moving average crossing above a long-term one, such as MA50 crossing above MA200; a death cross is the reverse.
A common way to read this: a moving average is just a line calculated from average prices. It has no special power in itself; much of the attention it gets is simply because everyone is watching it.
If you’re using leverage, keep enough margin in your position—don’t let a single wick spike liquidate you.
First, a definition: “moving above” or “breaking below” here means the price crossing a moving average. It’s not the same as a golden cross or death cross: a golden cross usually means a short-term moving average crossing above a long-term one, such as MA50 crossing above MA200; a death cross is the reverse.
A common way to read this: a moving average is just a line calculated from average prices. It has no special power in itself; much of the attention it gets is simply because everyone is watching it.
If you’re using leverage, keep enough margin in your position—don’t let a single wick spike liquidate you.