Today (2/5) The top recommended ironclad entry today! (Ethereum USD)
❝Tendai Chart (Reiwa Edition)❞
Today's (2/5) top solid entry!
(Ethereum USD)
★ Moving average support/resistance lines (3 lines dashed) and
Indicator support/resistance lines (3 lines dashed) show
entry points that break out upward and downward almost simultaneously!
Among the many moving averages, in an uptrend, there are
pull-back support lines that function as effective support lines of a certain width.
Also, in a downtrend,
there are resistance lines (recovery lines) that function effectively as resistance lines of a certain width.
In other words, if in an uptrend the price breaks below the support line, a downtrend begins, and
in a downtrend if the price breaks above without bouncing off the resistance line, an uptrend begins.
In short,the support and resistance lines become turning lines.
This concept also applies to indicators.
In Tendai Chart (Reiwa Edition), not only moving averages, but also
indicator curve bands are clearly displayed as lines that act as support and resistance = turning lines.
\ [Tendai Chart (Reiwa Edition)]’s GoGoJungle product page is here/
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