Great trading opportunity with Pivots supports and resistances

It seems great trading opportunity with the very traditional analysis. The dynamic Pivots line (EMA of Pivots) seems very good act as the dynamic resistance and support level, that creates a lot of very strong entry signals for the pullback, breakout, or swing trading.
Setup
  • 1H ETH-USDT chart
  • Daily Pivots with DeMark formula
  • 5 days extension (i.e. using the recent daily Pivots for 5 days in the future)
  • EMA to calculate the dynamic support and resistance levels

Trading rules
  • Long entry when EMA(close) crosses over the dynamic resistance and support line
  • Short entry when EMA(close) crosses under the dynamic resistance and support line
  • Exit by static resistance and support levels with expected take profit.

About CryptoSEE

Addresses for Donation/Tip or Payment
  • BITCOIN (BTC): 1KeRLNPYrkpPgkABp2vmmyuMX5saeUwHYT
  • BITCOIN CASH (BINANCE:BCCUSDT): qrd8wg8kp6at3vlncefrxu0n6vjgm733lgzrqeta92
  • ETHEREUM (ETH):0xca86FC740e87297F9C7Ec630e2e6D8A4530F2966
Chart PatternscryptoseecseePV-TEAMtradinganalysistradingsignalsTrend AnalysisWave Analysis

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