Indigo - Learning for Technical charts

1) Chart attached in media 2) This is hourly chart 3) We see SMA 50 as blue line 4) SMA 50 - Simple moving average for 50 days 5) Generally, SMA 50 is strongly respected. 6) We see in the chart that SMA 50 is very well respected. 7) Once it is broken then the same becomes resistance 8) This is for information and learning. 9) This is old data. Older than 3 months. Thank you, Technofunda24