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
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
Premium Partners
