There's considerable confusion about the practical use of anchored VWAPs. Personally, I leverage them as genuine resistance/support lines due to their integration of volume.
Consider the 2021 LTC top around 397 USD, often perceived as the resistance line prompting many to exit. However, in my Anchored VWAP trading approach, the true resistance stands at 136 USD. A sustained break and successful retest of this updated line indicate potential for prices surpassing the 2021 highs.
Likewise, the 2022 bottom at 43 USD served as support or resistance in various periods, now residing near 75 USD. From my perspective, the current LTC price seems below the prior 2022 lows, suggesting bearish control. I recommend NOT A BUY until we securely close above this price resistance.
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Consider the 2021 LTC top around 397 USD, often perceived as the resistance line prompting many to exit. However, in my Anchored VWAP trading approach, the true resistance stands at 136 USD. A sustained break and successful retest of this updated line indicate potential for prices surpassing the 2021 highs.
Likewise, the 2022 bottom at 43 USD served as support or resistance in various periods, now residing near 75 USD. From my perspective, the current LTC price seems below the prior 2022 lows, suggesting bearish control. I recommend NOT A BUY until we securely close above this price resistance.
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トレード稼働中
LTC is finding resistance at the VWAP ORANGE line. Still bearish price action from LTC. Wait and see if we create higher highs first.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。