OPEN-SOURCE SCRIPT
Updated Crypto EMA Bands - Support and Resistance
EMA Bands for crypto markets shows support and resistance lines. Helps identify bull and bear market trends. SMA200 is white and turns yellow to signal pressure. Can also be useful for identifying Elliot waves and breakouts.
Release Notes
Added input boxes so line lengths can be changed in settings.Release Notes
Added input for SMA 200 line.Release Notes
Added second color for ema150 line. Line can be turned on in settings.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. You can favorite it to use it on a chart.
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