$IDOL The daily chart is above the MA50 (0.009768), up 83.98% in 24h.
Let's unpack this number.
There are several types of moving averages, including simple and exponential averages. MA usually refers to a simple moving average, where each candlestick is weighted equally; EMA gives more weight to recent prices.
Keep ample margin for futures positions so a sudden swing doesn't liquidate your position.

#IDOL

Data is for reference only. Make your own trading decisions.