$LYN |Daily price above MA50|MA50 0.02318
Before discussing capital flows, let's first understand moving averages.
Here, moving above or falling below refers to the price crossing the moving average. It's not the same as a golden cross or death cross: a golden cross usually means a short-term moving average crossing above a long-term one, such as MA50 crossing above MA200; a death cross is the opposite.
Many people wait for the price to pull back and hold above the moving average to confirm a breakout, or to rebound and fail to reclaim it to confirm a breakdown.
Don't let a single number throw your original plan off track, and never use borrowed money to test a reading.
#LYN
Crypto markets are volatile, so keep your position size in check.
Before discussing capital flows, let's first understand moving averages.
Here, moving above or falling below refers to the price crossing the moving average. It's not the same as a golden cross or death cross: a golden cross usually means a short-term moving average crossing above a long-term one, such as MA50 crossing above MA200; a death cross is the opposite.
Many people wait for the price to pull back and hold above the moving average to confirm a breakout, or to rebound and fail to reclaim it to confirm a breakdown.
Don't let a single number throw your original plan off track, and never use borrowed money to test a reading.
#LYN
Crypto markets are volatile, so keep your position size in check.
