$AKE The daily chart has broken below MA50 (0.03061), with the current price at 0.02497.
MA50 reflects the medium-term trend. After a break below it, the key question is whether a rebound can reclaim the moving average. If it can't, the moving average turns from support into resistance.
Don't go all-in or out based on a single signal. Keeping some room to maneuver makes it easier to stay calm. Cast your vote in the comments: bullish or bearish?
MA50 reflects the medium-term trend. After a break below it, the key question is whether a rebound can reclaim the moving average. If it can't, the moving average turns from support into resistance.
Don't go all-in or out based on a single signal. Keeping some room to maneuver makes it easier to stay calm. Cast your vote in the comments: bullish or bearish?