【BTCJPY】20190201 Daily Pivot

As a guideline for day trading BTCJPY, we check the pivot. Yesterday (January 31) selling was dominant, forming a bearish candlestick. The price temporarily dropped to the 360,000 yen range but steadied and closed in the early 370,000 yen range, in a market environment where buyers stepped back.

R2=380,792

R1=375,734

S1=366,504

S2=362,332

※ Pivot points are technical indicators that estimate the price movement for the day based on the previous day's activity. 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 Formula】

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

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

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

Resistance Line 2 (R2) = PP + (Previous day's high - previous day's low)

Support Line 2 (S2) = PP - (Previous day's high - previous day's low)

(Replace this section for publication to buyers)