What are Pivot Points?

Pivot points are intraday support and resistance reference levels computed from the prior period's high (H), low (L), and close (C). The central pivot is PP = (H + L + C) / 3; price action above PP is biased bullish, below it bearish. Three resistance levels are derived as R1 = 2 × PP - L, R2 = PP + (H - L), R3 = H + 2 × (PP - L); three support levels as S1 = 2 × PP - H, S2 = PP - (H - L), S3 = L - 2 × (H - PP). The period choice depends on horizon: scalpers use daily pivots, swing traders weekly, position traders monthly. PP, R1, and S1 are the most reactive zones; R2/S2 are the day's extreme targets; R3/S3 are reached only on rare breakouts. Camarilla, Fibonacci, and Woodie are pivot variants that re-weight the same logic. Pivots are weak in isolation; combining them with RSI, volume, and candlestick confirmation materially improves accuracy. COINOTAG's live pivot table computes all of these for the top crypto pairs automatically.