BTCUSD uses 1->8hr VMA(14) perfectly as support/resistance(s)
BTCUSD throughout the climb to and fall from $8200 in the last month, has used 1/2/4/8hr VMA(14)'s consistently as support and resistance . Breaking down one, to be saved by another. Breaking through one, to be blocked by another. It has touched at more key points than with any other indicator I have tried (50 EMA , ATR Stop, Volatility Stop , Supertrend, etc.).
Uses this script:
Uses this script:
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