This is how price work with moving average.
In uptrend 200MA act as support and buying opportunity for buyers and breakdown it acts as resistance
In uptrend 200MA act as support and buying opportunity for buyers and breakdown it acts as resistance
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.