central bank digital currencies and cryptocurrencies Knowledge

2024-12-14 05:39:50

On September 24, the Dayang line directly turned the 20-day moving average, which was still moving down on the 23 rd, into an upward trend, which opened a vigorous rise. Of course, this is a prominent special case, which is the superposition of various accidental factors and inevitable factors. On November 6, the second turn to the upside, the effect is much weaker, but there are also differences. The latter has just experienced a short downturn for two or three trading days.Let's see if the stock proverb is right this time.


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Let's see if the stock proverb is right this time.The 20-day moving average, also known as the monthly line, is also the middle track of the Bollinger Band and the lifeline of the short and medium term. The real breakthrough includes that the closing position is higher than this moving average, and it also includes that the closing position is higher than the closing position on the 20th trading day of the previous number. If it is "double higher", it is a double breakthrough. From the next day, this important moving average began to turn into an upward trend. For the index or stock price, it is the upward push stage, and it is no longer the downward trend of pulling down. The whole bollinger band began to tilt upward, giving the impression that the trend was very intuitive.

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