$BULLA ’s daily candle fell below MA50 (0.08625), down 46.74% over 24 hours.
Let’s use this figure to break down moving averages.
Here, “moving above” or “falling below” refers to 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 opposite.
Whether trading volume increases when the price moves above or below a moving average is also used as a reference: a crossing on lower volume is more likely to be just a temporary fluctuation.
Learning to read indicators is easy; the hard part is still following the rules when the market is at its most volatile.
Let’s use this figure to break down moving averages.
Here, “moving above” or “falling below” refers to 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 opposite.
Whether trading volume increases when the price moves above or below a moving average is also used as a reference: a crossing on lower volume is more likely to be just a temporary fluctuation.
Learning to read indicators is easy; the hard part is still following the rules when the market is at its most volatile.
