$Q The daily chart broke below MA50 (0.04815).
Let’s use this number to talk about moving averages.
A moving average is the average closing price of the past N candlesticks. Each time a new candlestick forms, the period rolls forward by one, and connecting the values gives you a moving average line.
A moving average is just a line calculated from statistics; it has no magic of its own. Often, it gets attention simply because everyone is watching it.
Don’t place an order during the fastest move in the market. Wait for the candlestick to close before deciding.
#Q
Let’s use this number to talk about moving averages.
A moving average is the average closing price of the past N candlesticks. Each time a new candlestick forms, the period rolls forward by one, and connecting the values gives you a moving average line.
A moving average is just a line calculated from statistics; it has no magic of its own. Often, it gets attention simply because everyone is watching it.
Don’t place an order during the fastest move in the market. Wait for the candlestick to close before deciding.
#Q