$LYN The daily chart is above MA50 (0.02318).
Guys, what is a moving average? Here’s a quick explanation👇
A moving average can also be viewed as moving support or resistance: when the price is above it and pulls back toward it, many people watch to see whether it holds.
Many people wait for the price to rise above it and then pull back without falling below it before confirming; they take a break below it seriously only when a rebound fails to get back above.
Extreme data is usually accompanied by more volatile price movements. That’s when you should reduce leverage, not increase your position.
#LYN
Guys, what is a moving average? Here’s a quick explanation👇
A moving average can also be viewed as moving support or resistance: when the price is above it and pulls back toward it, many people watch to see whether it holds.
Many people wait for the price to rise above it and then pull back without falling below it before confirming; they take a break below it seriously only when a rebound fails to get back above.
Extreme data is usually accompanied by more volatile price movements. That’s when you should reduce leverage, not increase your position.
#LYN