$DOS moved above MA50 on the daily chart (0.2163).
Let's use this figure to talk about moving averages.
On the daily chart, MA200 is the average closing price over the most recent 200 days and is often seen as the dividing line between bull and bear markets; MA50 is commonly used to gauge the medium-term direction.
The same moving average can have different levels of relevance for different coins: the more actively traded and widely followed a coin is, the clearer the reactions around its moving averages tend to be.
With leveraged positions, first work out whether you can withstand the worst-case outcome, then consider what the indicators are saying.
Let's use this figure to talk about moving averages.
On the daily chart, MA200 is the average closing price over the most recent 200 days and is often seen as the dividing line between bull and bear markets; MA50 is commonly used to gauge the medium-term direction.
The same moving average can have different levels of relevance for different coins: the more actively traded and widely followed a coin is, the clearer the reactions around its moving averages tend to be.
With leveraged positions, first work out whether you can withstand the worst-case outcome, then consider what the indicators are saying.