Indicators can also act as support or resistance, depending on the tool. For example, moving averages can act as support or resistance, the top or bottom of bollinger bands along with midline SMA, the ichimoku cloud, and much more.
Indicator Support and Resistance
-
By zsolt
Related Content
Bitcoin Signal That Led To At Least 70% Surge Has Formed Again
By
Keshav Verma
October 22, 2024
Bitcoin Retail Activity Soars After 4-Month Slump—Would A 72% Rally Follow?
By
Samuel Edyme
October 22, 2024
Solana Eyes New All-Time High Of $370 After Cup And Handle Breakout
By
Ronaldo Marquez
October 22, 2024
Matchain Partners With Paris Saint-Germain To Bring Web3 Innovations to Global Football Community
By
NewsBTC
October 22, 2024
Analyst Says Fantom (FTM) Downtrend Is Over, Is $1 The Next Stop?
By
Rubmar Garcia
October 22, 2024
Market Analyst Charts The Bitcoin Journey To $70,000: Weekly Price Action Insights
By
Ronaldo Marquez
October 22, 2024