🐋 $ICNT Daily price has moved above MA200 (0.1902).
This is a moving average that many swing traders keep an eye on, so let’s first clarify what it is.
Here, moving above or falling below means the price crosses the moving average. It’s not the same as a golden cross or death cross: a golden cross usually 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.
Indicators can fail, so don’t skip risk management: thinking in advance about what you’ll do if you’re wrong matters more than getting the prediction right.
Use this as a reference only; you’re responsible for your own gains and losses.
This is a moving average that many swing traders keep an eye on, so let’s first clarify what it is.
Here, moving above or falling below means the price crosses the moving average. It’s not the same as a golden cross or death cross: a golden cross usually 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.
Indicators can fail, so don’t skip risk management: thinking in advance about what you’ll do if you’re wrong matters more than getting the prediction right.
Use this as a reference only; you’re responsible for your own gains and losses.
