Anchored VWAP reveals future support

Taking the Anchored VWAP from lows on the chart yields some interesting results. For one, a line generated from the 2015 low, and start of the third and longest bull run, coincidentally also served as support for the 2018 and 2020 lows. Going by this idea, and systematically generating AVWAP lines from these two lows in 2018 and 2020, makes a box or zone appear under the current price. Could it serve as a support for future price? Only time will tell! But here's an important caveat: The more recently the line is generated, the higher up it goes. But perhaps used in a systematic fashion, this tool could yield interesting results.