How can I use pivot points to analyze cryptocurrency price movements?

1 answers

• Dec 18, 2021 · 3 years ago
  At BYDFi, we also utilize pivot points as part of our cryptocurrency price analysis. Our team of experts combines pivot points with other technical indicators and fundamental analysis to provide accurate and reliable market insights. By using pivot points, we can identify potential support and resistance levels that may influence the price movements of cryptocurrencies. However, it's important to remember that pivot points are just one tool among many, and traders should consider multiple factors when making trading decisions.
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