$KOMA The daily chart has moved above MA50 (0.01823).
Let’s use this figure to talk about moving averages.
A moving average is the average closing price of the most recent N candlesticks. With each new candlestick, the calculation shifts forward by one, and connecting the values forms the moving average line.
When the price moves too far from a long-term moving average, it’s often thought to have a tendency to revert toward it. But during a strong trend, that deviation can also persist for a long time.
Extreme readings usually come with more violent swings. At times like these, it’s better to reduce your position rather than make a big bet.
Let’s use this figure to talk about moving averages.
A moving average is the average closing price of the most recent N candlesticks. With each new candlestick, the calculation shifts forward by one, and connecting the values forms the moving average line.
When the price moves too far from a long-term moving average, it’s often thought to have a tendency to revert toward it. But during a strong trend, that deviation can also persist for a long time.
Extreme readings usually come with more violent swings. At times like these, it’s better to reduce your position rather than make a big bet.