Today (2/19)’s top recommended ironclad entry! (BTCUSD)
❝TendaiChart (Reiwa Version)❞
Today (2/19) Top Pick Straight Entry! (BTCUSD)
★ Moving average support/resistance lines (3 lines dashed) and
Indicator support/resistance lines (3 lines dashed) at
almost simultaneously breakout/ breakdown entry points!
Among many moving averages, in an uptrend,
pullback's support line functions as a meaningful line within a certain range.
Also, in a downtrend,
the retracement's resistance line functions effectively within a certain range.
In other words, if in an uptrend the price breaks below the support line, a drop begins, and
in a downtrend if it breaks above the resistance line without bouncing, a rise begins.
In short, the support/resistance lines become turning lines.
This concept also applies to indicators.
In Tendai Chart (Reiwa Version), not only moving averages, but also the indicator curves
display lines that function as support/resistance = turning lines in an easy-to-understand way.
【Tendai Chart (Reiwa Version)】
【Even with just moving averages, this is amazing!!】