【BTCJPY】20180903 Daily Pivot ポイント

As a guideline for day trading BTCJPY, we confirm the pivot. Yesterday (September 2) it stayed above the 5MA and rose into the 8.1 hundred thousand yen range. It was a market environment that formed three consecutive bullish candles.

R2=826,974

R1=818,448

S1=795,948

S2=781,974

※ A pivot is a technical indicator that forecasts the price movement for the day from the previous day's movement. Centered on the Pivot Point (PP), draw resistance lines (R1, R2) and support lines (S1, S2) above and below, and use them as trading references.

【Calculation】

Pivot Point (PP) = (Yesterday's close + Yesterday's high + Yesterday's low) / 3

Resistance Line 1 (R1) = PP + (PP - Yesterday's low)

Support Line 1 (S1) = PP - (Yesterday's high - PP)

Resistance Line 2 (R2) = PP + (Yesterday's high - Yesterday's low)

Support Line 2 (S2) = PP - (Yesterday's high - Yesterday's low)