Today's (2/4) top spotlight entry! (BTCUSD)
❝天底チャート(令和版)❞
Today (2/4)’s top pick ironclad entry!
(BTCUSD)
☆ Moving average support/resistance lines (3 lines broken)
and3 lines broken)
entry near breakout points of the same time!
Among the many moving averages, in an uptrend there are
support lines that act as a support (support line) that function effectively over a certain range.
Also, in a downtrend,
there are resistance lines (resistance line) that function effectively over a certain range.
In other words, if in an uptrend the price breaks below a support line without stopping, a decline begins, and
in a downtrend, if the price rises past a resistance line without being repelled, an uptrend begins.
In short,
This thinking also applies to indicators.
In the Ten-ice Chart (Reiwa edition), not only moving averages but also
indicator curve bands that function as support/resistance lines = turning lines are displayed clearly.
\ The GoGoJungle product page for 【Ten-ice Chart (Reiwa Edition)】 is here/
https://www.gogojungle.co.jp/tools/indicators/42380