‼️ $ON daily chart breaks below MA50⚠️
Don’t rush into a trade—understand moving averages first 👇
The direction of the moving average itself is also worth watching: price moving above it while the average is still trending down is different from price crossing above as the average starts to turn upward.
Many people wait for price to move above the average and then pull back without falling below it before confirming; after a break below, they only take it seriously when a rebound fails to get back above.
Don’t let one number throw off your original plan, and never gamble borrowed money on a particular prediction.
Don’t rush into a trade—understand moving averages first 👇
The direction of the moving average itself is also worth watching: price moving above it while the average is still trending down is different from price crossing above as the average starts to turn upward.
Many people wait for price to move above the average and then pull back without falling below it before confirming; after a break below, they only take it seriously when a rebound fails to get back above.
Don’t let one number throw off your original plan, and never gamble borrowed money on a particular prediction.