*So what? 200 PERIOD MOVING AVERAGE means*

🔴 A moving average is an indicator based on the average price of a certain coin.

*So why do we use the 200 period moving average for this?*

🔴 So the reason for that is that the 200 period moving average is formed by calculating the average price of 200 candlesticks in a certain time frame.

*So what are the benefits of this 200ma Indicator*

*1* Catch the current trend in the market

*2* Grab the dynamic support and resistance of the market

So we have said only two benefits of 200 ma #Write2Earn! #EarnFreeCrypto2024 #ETHETFsApproved #BlackRock #Trade2EarnMuchMore