Can be used to find the direction of a trend
Determination of support and resistance levels
In combination, it can assess the short and long term
Main functions
Trend Short Perspective - Shows the trend at short distances.
Main Market Trend - Reflects the main market trend, can be used as a signal.
Intermediate Moving Average - Typically the last support line in an uptrend
The buyback zone is a basic and strong support level
Swing - displays the long-term direction. Also used as a deeper retracement level