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RE: An attempt to test recently established strong resistance

in #cryptocurrency • 9 years ago (edited)

You can use anything as long as it brings you confidence. I use 13, 34 and 89 WMAs because they represent Fibonacci numbers and 89 / 34 = 34/13 = golden mean +1. Thus you have a system of dynamic support/resistance.

9 years ago in #cryptocurrency by
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       9 years ago 

      Thanks a lot Srezz , appreciate you taking the time.