$BNB The daily chart is above MA50 (750.41).
How is this number calculated?
Here, “move above” or “break below” means the price crossing the moving average. It’s not the same as a golden cross or a death cross: a golden cross generally refers to a short-term moving average crossing above a long-term one, such as MA50 crossing above MA200; a death cross is the opposite.
The same moving average can also be more useful as a reference for some coins than others: coins with better liquidity and more people watching them tend to show clearer price movements around their moving averages.
Don’t place an order at the most volatile moment. Wait for the candlestick to settle before taking a look.
#BNB
Just chatting—this is not advice.
How is this number calculated?
Here, “move above” or “break below” means the price crossing the moving average. It’s not the same as a golden cross or a death cross: a golden cross generally refers to a short-term moving average crossing above a long-term one, such as MA50 crossing above MA200; a death cross is the opposite.
The same moving average can also be more useful as a reference for some coins than others: coins with better liquidity and more people watching them tend to show clearer price movements around their moving averages.
Don’t place an order at the most volatile moment. Wait for the candlestick to settle before taking a look.
#BNB
Just chatting—this is not advice.
