Binance Square

PivotPoints

32 views
2 Discussing
ChainWhisperer
--
See original
Trading Strategy: Using Pivot Points to Determine TrendsPivot points are a simple and effective technical tool based on the previous day's prices (high, low, and close) to calculate key support and resistance levels for the current session. For example, if the price of BTC/USDT today reaches 107,407 USD with a trading range between 106,742 and 110,277 USD, pivot points serve as an accurate reference to guide trading decisions.

Trading Strategy: Using Pivot Points to Determine Trends

Pivot points are a simple and effective technical tool based on the previous day's prices (high, low, and close) to calculate key support and resistance levels for the current session. For example, if the price of BTC/USDT today reaches 107,407 USD with a trading range between 106,742 and 110,277 USD, pivot points serve as an accurate reference to guide trading decisions.
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number