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Arash
@arash1996
has broken out of the descending trendline and the Ichimoku cloud. Currently,it is encountering resistance at the MA 100.A successful retest or a break above the MA 100 would confirm bullish momentum.If the price retraces inside the descending trendline,it may retest the horizontal support once more
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Rayan3407๐ฉ ๐น๐ญ
@kamalah
You can calculate the moving average indicator on any data set that changes over time, but in technical analysis, its most common use is with asset prices.
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