$JCT The daily candle broke below MA50 (0.003617), down 45.32% in 24h.
Let’s use this number to talk about moving averages.
A moving average is calculated by averaging the closing prices of the past N candlesticks. Each time a new candlestick closes, the calculation window moves forward by one candle, and the resulting values form a moving average line.
Moving averages are better suited to identifying the overall trend than pinpointing specific entry and exit points, since they always lag behind the price.
Indicators can fail, so don’t skip your stop-loss: deciding in advance what to do if your judgment is wrong matters more than getting your predictions right.
#JCT
Let’s use this number to talk about moving averages.
A moving average is calculated by averaging the closing prices of the past N candlesticks. Each time a new candlestick closes, the calculation window moves forward by one candle, and the resulting values form a moving average line.
Moving averages are better suited to identifying the overall trend than pinpointing specific entry and exit points, since they always lag behind the price.
Indicators can fail, so don’t skip your stop-loss: deciding in advance what to do if your judgment is wrong matters more than getting your predictions right.
#JCT
