BTC.USD "Pivot Points" RESET: New Monthly, Weekly, Daily on deck

The moment the Pivot Traders have been waiting for.
New Monthly, Weekly, and Daily pivots all just painted.
Each of the m will stay put until end of respective Period.

What is a Pivot?
The word "Pivot" is used a lot, meaning many different things.
What I am showing is the ''Old-School'' definition of that term.
This "indicator" has been in use since 1970's with great results.

Pivots are as simple as this:
(H+L+C)/3 of the previous period = Center Pivot (P) in the current period.
The 'Support' ( Sx ) and 'Resistance' ( Rx ) pivots are derived from the above.
There are many variations, but ''Traditional'' is the first, and most widely used.

Some very cool aspects:
Pivots do NOT repaint, they are plotted at period beginning and stay till end.
Back-testing is easy, change "Historical Pivots" setting as far back as you want.
Clutter free, Interpretation free, Labor free, and best of all, FOR free on TV :)

What do they tell you?
They seem to make good TARGETS for a move, and often lose energy there.
Many traders will look to take profits at a Pivot , which is obvious in above chart.
Strength of a trend can be gauged by which Pivots the asset is hitting most often.

Who uses them?
Many, many traders still use them, as do Banks and Money Managers.
Swing traders looking for Daily, Weekly, or Monthly trades, set and forget.
Even Fibonacci fans such as myself will glance at the Pivots to get a bearing.

How to Deploy them?
Back in the day Pit Traders had index cards with Pivot Points (values).
Trading View has a free indicator "Pivot Points Standard" which I use.
For a detailed Tutorial on How to Use Pivots, see these Ideas below:

Chapter 1: Intro and Setup

Chapter 2: Adding "Mid Pivots"

Chapter 3: Plotting Future Pivots