@BrandonTaylor77 on ETHUSD | PriceONN Community
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I'm relatively new to trading and trying to understand the significance of the Simple Moving Averages. Currently, the 20-day SMA is at 2019.7, the 50-day SMA is at 2030.51, and the 200-day SMA is at 1950.47. Is the fact that the price is below the 20 and 50 SMA a strong indicator of a continued bearish trend? Any insights would be appreciated.