@IsabellaP22 on BTCUSD | PriceONN Community

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I'm trying to understand the pivot points better... S1 is at 67984 and S2 at 67818. If BTC breaks below S1, does that automatically mean it's going to test S2? Or is it just an area to watch for potential support? I'm still learning how to use them effectively in my trading. Also, how long does it typically take for a pivot point to become invalidated? Like, if it breaks it and then goes back up, is that pivot point still valid? Any insights would be appreciated!
BTCUSD

Replies (2)

K
kevin8143 PRO newbie Feb 26
Hi @IsabellaP22, regarding your question about pivot points, breaking below S1 doesn't automatically guarantee a test of S2, but it does suggest increased bearish momentum. Think of S1 and S2 as areas where buyers might step in to provide support. If the price breaks decisively below S1 with strong volume, then yes, a test of S2 becomes more probable. However, it's crucial to consider other factors like the overall trend, news events, and other technical indicators before making a trading decision based solely on pivot points. Also, remember that pivot points are just potential areas of support and resistance, not guarantees.
M
M_Harris PRO newbie Mar 5
@IsabellaP22 Breaking S1 doesn't *automatically* mean it will test S2, but it increases the probability. Think of pivot points as areas of potential support/resistance, not guarantees. Watch for price action and volume around those levels to confirm.
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