What are the dailyfx pivot points for popular cryptocurrencies?

3 answers

• Kaspersen MoserJul 05, 2020 · 5 years ago
  Sure! Dailyfx provides pivot point levels for popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. These pivot points are calculated based on the previous day's high, low, and close prices. Traders use pivot points as potential support and resistance levels to make trading decisions. It's important to note that pivot points are just one tool among many in technical analysis, and should be used in conjunction with other indicators and analysis techniques for better accuracy in trading decisions.
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• Sears WhitleyMar 24, 2021 · 4 years ago
  Absolutely! Dailyfx offers pivot point analysis for a wide range of cryptocurrencies including Bitcoin, Ethereum, Ripple, and more. Pivot points are calculated using mathematical formulas that take into account the previous day's price action. These levels can be used by traders to identify potential areas of support and resistance, as well as to determine entry and exit points for trades. Keep in mind that pivot points are not guaranteed to hold, and it's always important to consider other factors and indicators before making trading decisions.
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• Daniel HrndzFeb 09, 2024 · a year ago
  Yes, you can find the dailyfx pivot points for popular cryptocurrencies on their website. They provide pivot point levels for Bitcoin, Ethereum, and other major cryptocurrencies. Pivot points are widely used by traders to identify key levels of support and resistance in the market. These levels can help traders make more informed decisions about when to enter or exit trades. However, it's important to remember that pivot points are just one tool in a trader's toolbox and should be used in conjunction with other technical analysis indicators and strategies for best results.
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