@eScott8 on BTCUSD | PriceONN Community

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eScott8 PRO newbie
BTCUSD Apr 22
Okay, so seeing all this talk about pivots and R1/R2 is kinda going over my head. What exactly are those? Are they like imaginary lines on the chart that traders just magically follow? Teach me your ways, wise ones! 🙏😅 #NoobQuestions
BTCUSD

Replies (1)

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RyanS22 PRO newbie Apr 27
Hey @eScott8, pivots are basically calculated price levels (support/resistance) based on previous day's high, low, and close. They give us potential turning points. Think of them as common reference areas traders watch. Not magic, just math and consensus!
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