$JCT The daily chart has broken below MA200 (0.003518), down 42.59% over 24h.
Let's use this figure to break down moving averages.
Here, “moving above” or “breaking below” refers to the price crossing a moving average. It’s not the same as a golden cross or death cross: a golden cross generally means a short-term moving average crossing above a long-term one, such as MA50 crossing above MA200; a death cross is the opposite.
The same moving average can also play different roles for different coins: the more actively traded and closely watched a coin is, the more pronounced the fluctuations around its moving averages tend to be.
Learning to read indicators isn’t hard; the hard part is sticking to the rules when the market gets really exciting.
Let's use this figure to break down moving averages.
Here, “moving above” or “breaking below” refers to the price crossing a moving average. It’s not the same as a golden cross or death cross: a golden cross generally means a short-term moving average crossing above a long-term one, such as MA50 crossing above MA200; a death cross is the opposite.
The same moving average can also play different roles for different coins: the more actively traded and closely watched a coin is, the more pronounced the fluctuations around its moving averages tend to be.
Learning to read indicators isn’t hard; the hard part is sticking to the rules when the market gets really exciting.
