$AKE broke below MA50 on the daily chart (0.02871).
I used to be confused about the difference between moving above a moving average and a golden cross, but eventually figured it out: moving above or below a moving average means the price crosses that line; a golden cross usually refers to a crossover between a short-term and a long-term moving average, such as MA50 crossing above MA200.
All indicators only describe past trends, and prices can move in the opposite direction at any time.
#AKE
I used to be confused about the difference between moving above a moving average and a golden cross, but eventually figured it out: moving above or below a moving average means the price crosses that line; a golden cross usually refers to a crossover between a short-term and a long-term moving average, such as MA50 crossing above MA200.
All indicators only describe past trends, and prices can move in the opposite direction at any time.
#AKE