Last week I read about pivot points and decided to apply them on MONABTC pair. On chart you can see marked pivot levels based on daily data of 19.10.2017. Price levels are calculated with formulas you can find here: investopedia.com/articles/technical/04/041404.asp
Please note, that these pivot points are short time, valid only for one day and have to be recalculated every day. In our example we can see that they provided good support and resistance levels to us until today, but this is not how they should be used. And of course we have to take a look also at some other indicators before entering trades (for example RSI).
It looks interesting and I will give it a try sometime in the future.
Please note, that these pivot points are short time, valid only for one day and have to be recalculated every day. In our example we can see that they provided good support and resistance levels to us until today, but this is not how they should be used. And of course we have to take a look also at some other indicators before entering trades (for example RSI).
It looks interesting and I will give it a try sometime in the future.
노트
Well, I found a script that does this for us :)
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.