Everyone's watching the price on $SOL. I'm watching the range position.
79% of the 30-day range, at 77.13.
That single number tells you more about where you are than +1.97% on the day does. Near the top, you're paying up. Near the bottom, you're catching something.
How to read a pivot level, using $ZEC as today's example
If you're newer to this, save the post. If you're not, skip to the levels.
WHAT A PIVOT ACTUALLY IS
It's the average of yesterday's high, low and close. That's it — no magic. It works because enough people watch it that it becomes self-fulfilling, not because the number is special.
Above the pivot, you look for longs into R1. Below it, you look for shorts into S1. The pivot itself is the least interesting number — it's the line you measure from, not a level you trade.
$BNB vs $ZEC : which one is telling the truth? Both moved today. Only one of them is telling you something useful. $BNB Price 605.5 · -0.92% · RSI 59 · trending up 77% into its 30-day range Support 605.5 / Resistance 611.4 $ZEC Price 487.9 · -0.46% · RSI 48 · trending down 31% into its 30-day range Support 483.0 / Resistance 496.0 THE DIVERGENCE Both is not advisable to take the trade , nothing showed the correct way. Waittt for the confirmation don’t blindly go for the trade. #Bnb #ZECUSDT