Whats up traders,
Today we're looking at PIVX , a privacy coin currently ranked 55 on coin market cap.
I think this coin has a huge potential for upside in the coming future. On the chart we can see a massive tightening of price in this wedge while also forming a inverse H&S patter. We are currently out of trend but I do see this failing and coming back into the trend in the short term.
Thanks!
Have a good day.
Today we're looking at PIVX , a privacy coin currently ranked 55 on coin market cap.
I think this coin has a huge potential for upside in the coming future. On the chart we can see a massive tightening of price in this wedge while also forming a inverse H&S patter. We are currently out of trend but I do see this failing and coming back into the trend in the short term.
Thanks!
Have a good day.
Note
We fell below the target for the previous cup scenario but are still holding a decent pattern. If we do break below on this next attempt up I will call this Inverse H&S a fail.
Thank you!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.