LitecoinEducation
My Love For 200 Moving average
One of my most used indicators is the moving average. I personally believe that hypothetically, moving average "alone" is sufficient enough to build a profitable trading strategy. I hope to implement this thought in the coming years.
In the chart, we can see the 200 WMA for the 1H, 2H, and 1D moving average. I'm particularly fascinated by how price is respecting the WMA as support and resistance. I think this is worth taking a deep dive into.
What do you think?
In the chart, we can see the 200 WMA for the 1H, 2H, and 1D moving average. I'm particularly fascinated by how price is respecting the WMA as support and resistance. I think this is worth taking a deep dive into.
What do you think?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.