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slick

14,606 Posts.

7844

22/02/24

11:21

Post #: 72532104
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Originally posted by WelshBuffett: ↑

slick - I see the 50ema crossed the 20EMA , a few days ago. Usually , I see that as quite bad sign. I like the 9/21, but also keep an eye on the 50/20.

do you place much weight on the 50/20?

Expand

Sorry I don't watch that ema combination Welshy but I'd agree with you that anytime a higher average crosses below a lower average then that is not a good signal.

For everyone's benefit, this is what the 50 crossing below the 20 looks like. Ideally you want lower time moving averages trading above higher time ones.

Cheers.

BIT Price at posting: 9.1¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $19.85M

Open	High	Low	Value	Volume
2.3¢	2.3¢	2.2¢	$20.69K	940.0K

Buyers (Bids)

No.	Vol.	Price($)
6	537628	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	141604	1

View Market Depth

No.	Vol.	Price($)
6	537628	0.021
8	454100	0.020
10	1899381	0.019
7	234054	0.018
4	408000	0.017

Price($)	Vol.	No.
0.022	141604	1
0.024	439576	4
0.025	600000	3
0.026	53847	1
0.027	162000	2

Last trade - 15.51pm 28/10/2024 (20 minute delay)

BIT (ASX) Chart