$BNB Daily close fell below MA200 (659.085), 24h -4.1%.
A beginner’s burning question: What is a moving average?
Many people use the daily closing price to judge whether the price is above or below it. It’s quite common for the price to cross over intraday and then return to its original side.
Moving averages are famous for lagging—about as fast as I am at replying to messages.
Don’t place an order during the most volatile few minutes. Wait for the candlestick to close before deciding.
A beginner’s burning question: What is a moving average?
Many people use the daily closing price to judge whether the price is above or below it. It’s quite common for the price to cross over intraday and then return to its original side.
Moving averages are famous for lagging—about as fast as I am at replying to messages.
Don’t place an order during the most volatile few minutes. Wait for the candlestick to close before deciding.