In the chart, there are three lines — these are three moving averages with different periods:
Yellow (MA7) — fast, reacts to the price almost immediately.
Pink (MA25) — average, smooths out fluctuations.
Purple (MA99) — long, shows the overall trend.
How to read:
When the yellow line crosses the pink or purple line from bottom to top — it's a signal to rise.
When it crosses from top to bottom — it's a signal to fall.
If all three lines are pointing upwards and the price is above them — the trend is strong upwards.
Right now, this is exactly the case… the price is above all three, and the trend is currently rising.#MA #Write2Earn #Binance #BinanceSquareTalks #BinanceSquareFamily