Indicator Notes｜$KAVA ｜Daily chart breaks below MA200｜MA200 0.05525
First, the definition: Moving averages themselves can also be treated as moving support or resistance. When the price pulls back toward a moving average from above, many people watch to see whether it holds.
How to read it: Whether trading volume increases when the price moves above or below a moving average is also used as a reference. A move through it on low volume is more likely to be only a brief fluctuation.
All indicators describe past price movements; the market can move in the opposite direction at any time.
#KAVA
First, the definition: Moving averages themselves can also be treated as moving support or resistance. When the price pulls back toward a moving average from above, many people watch to see whether it holds.
How to read it: Whether trading volume increases when the price moves above or below a moving average is also used as a reference. A move through it on low volume is more likely to be only a brief fluctuation.
All indicators describe past price movements; the market can move in the opposite direction at any time.
#KAVA