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RE: Steemit Crypto Academy Season 3-Week 5 | Trading Crypto With Ichimoku-kinko-hyo Indicator - Part 2

in SteemitCryptoAcademy3 years ago

True, in the chart, I chose a resistance line a little higher than point C, but what I mean is the level of the intersection of the downtrend with another resistance line since several resistance levels can be identified.

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 3 years ago 

so, sir in the above figure Senkou Span A working as resistance and as price enter inside it then it will work as support??

Here we are not talking about the Senkou Span line. There is only an intersection between the downtrend line and the resistance level (it is not drawn on the chart, which will turn into a support line after the crossover at point C) and the price represented by the candle.