pivx shortAs you can see, the symmetrical triangle was punched down. you can make short sales. Stochastic RSI and MACD confirm downward movement
The red lines represent the target points.
stop loss 3.40
Pivx
$XRP.X: ROADBLOCK CLEARED!XRP just broke through its major level of resistance at the $0.245 level! Buy volume seems to be coming in strong, however the 12-day EMA is on a steep rise above the 9-day EMA, indicating a slight amount of over-bought volume. Nonetheless, momentum seems to be settling in. Lets see where XRP is headed.
$NEO.X: Holding well above the 50-dayNEO finding strong support well above the 50-day moving average. Buy volume seems to be coming in relatively well, and the 12-day EMA on the 4-hour chart seems to be on a steady upward rise above the 9-day EMA. Lets see if momentum can be held. Note: If NEO can break through its $40 resistance level, this would clear the path to $47-$50.
PIVX Could Climb 50% from TodayIf you've been following my posts (and you should!), then you'll notice that I've kept pounding the table on this PIVX. I really think we are going to see a climb in PIVX to around 5-5.50 soon enough.
SIGNS OF STRENGTH:
PIVXUSD didn't crash like many other altcoins in August, rather it has held up near its highs around 3.50-4.00, and held an important support level at 3.00 several times.
The 200 day moving average has been trying hard to catch up, steepening even further without even a hint of leveling off or showing weakness. The overall trend is up.
If we do break out, the 161.8 Fib retracement is between 5-5.50 and I also think the 5.00 psychological level will come into play.
USING BITCOIN AS A BELLWETHER
What I really love about PIVX is also it's action against Bitcoin. If Bitcoin is the gold standard, and where the big money goes during Crypto Currency runs, then if something like PIVX is acting strong against Bitcoin, it only gives us more rocket fuel. And that's exactly what we see here. PIVX has broken out of this descending triangle consolidation pattern, and is bouncing higher off of the 200 day moving average. If PIVX can climb against Bitcoin, while Bitcoin is acting stronger itself, then this only improves our thesis that PIVX is going higher against the USD.
HOW HIGH CAN IT GO?
PIVX is a riskier play, so only invest as much as you can afford to lose. But technicals point to much higher prices in the future. I'm looking at anywhere from 7 - 13$. That would be minimum of 100% gains here. Definitely keeping my eye on PIVX.
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!! PM me with any trading questions !!
MY TRADING METHOD:
I keep my analysis simple. Good analysis always is.
I use Price Patterns, Moving Averages, and RSI for my analysis.
I use the 1 day for trend analysis and 60 minute for trade entry
For my Targets I use Fibonacci projections, measured moves, support and resistance.
Successful trading means proper risk sizing and trading small so you can stay in the game.
$BTC.X: It might just break it...The BTC/USD exchange rate seems to be nearing with its past uptrend with solid momentum, indicating the strong possibility that it may just re-gain control over it. If this occurs, all bearish exceptions of BTC's short-term price action will be proved irrelevant, false, and practically worthless. NOTE: If BTC can successfully jump over its $4480 hurdle, expect the bulls to continue to run - possibly to new all-time highs.
$LTC.X: Coasting... Along with #ETH, Litecoin seems to have remained relatively stable since its last correction. As of right now, the LTC/USD exchange rate is hovering directly in-between its 50-day and 100-day simple moving averages. However, its current price point is sitting directly on top of the 100-day, signaling thats its current level may be providing a strong floor of support. In addition, the MACD is indicating solid momentum of buy-volume, as the 12-day EMA continues to coast above the 9-day EMA on a steady upward rise. Nonetheless, LTC is still sitting below its 50-day SMA and struggling to regain control of its recently broke uptrend. Therefore, creating or increasing a position in Litecoin at this point may not be smartest move. If LTC can hurdle through its past uptrend and break to the upside around $57, then expect continued bullish action. On the other hand, however, if LTC breaks below previous resistance around the $47 level, this may indicate that LTC is beginning to gain some bearish momentum. Watch this one closely everyone!
PIVX: 60% GainPivx had a good run up yesterday. However, it still have no made new high to put itself in a bullish run. It is still inside a channel at the moment. If we look closely, we can see a potential gartley formation forming in the near future within this channel. Based on my previous post of Pivx, we were close to getting a 50% winner. Sadly we did not as it was only a few percent from our buy entry. Unless Pivx, breaks out of this channel, we will maintain this setup as our approach to enter. What are your thoughts?
Trade with care.
PIVX ideaPIVX oversold and a bit bearish , touched 0.382 fib level , RSI oversold on the 1h timeframe , if it goes lower it will go to 0.00074 or the 0.5 fib level
On the 4h PIVX is very bearish , we have a Bearish Pivot signal + RSI looking to go down
If you have PIVX on profit i would wait for it to go under the 0.38 fib level before selling it :)
$ZEC.XZEC/USD exchange rate currently sitting directly above its current uptrend and 100-day SMA. RSI is beginning to show signs of serious loss of momentum, and the 12-day EMA on the MACD is beginning to take a steep downward pull. If support cant be found at this level, in my opinion, expect continued bearish action. Watch this one closely.
$DASH.X: Double top?Clear double top formation on the daily chart for #Dash. Its currently experiencing what seems to be massive resistance directly below the 100-day simple moving average. Momentum on the RSI has been dying down over the past week, but seems to have gained some of it back today. MACD indicating slight over-sold volume, however the 12-day EMA just recently crossed under the 9-day and the divergence between the 2 EMA's is still substantial. Caution: Beware if #Dash breaks below its current uptrend at around $270.