Today (2/18) a featured ironclad entry! (ETHUSD)
❝Bottom of the World Chart (Reiwa Version)❞
Today (2/18)’s Top Pick: Ironclad Entry! (ETHUSD)
★ Moving Average Support/Resistance Lines (three solid lines) and3 lines of break
Indicator’s Support/Resistance Lines (3 lines of break)
Enter at points where it breaks above or below almost simultaneously!
Among many moving averages, in an uptrend there are
support lines that act as supportive levels that function effectively at a certain width.
Also, in a downtrend,
there exist resistance lines that function effectively as retracements at a certain width.
In other words, if in an uptrend the price breaks below a support line without stopping, a downtrend begins, and
in a downtrend, if it breaks above a resistance line without being repelled, an uptrend begins.
support and resistance lines become turning lines.
This idea also applies to indicators.
In the Ten-Ten Chart (Reiwa Version), not only the moving averages but also the curves of indicators
display lines that act as turning lines in an easy-to-understand way.
【Ten-Ten Chart (Reiwa Version)】
【Even with just moving averages, this is amazing!!】