@sharifah92 on ETHUSD | PriceONN Community

Hello @sharifah92, thank you for your analysis. I noticed you are watching the 200 SMA for direction. Could you elaborate on why the 200 SMA is significant? I understand it is a long-term moving average, but I am not sure how to use it to make trading decisions. Does a break above the 200 SMA signal a buying opportunity, and conversely, does a break below it suggest a selling opportunity? Also, at what point do you consider it a confirmed break?