PIVX: Decision Time BITTREX:PIVXBTC has been moving down to the tip of the symmetrical triangle it formed over the last two day. Technical look bullish and support for this alt is strong so it is likely to be a break upwards (many altcoins are currently in a similar position). I don't usually pay a lot of attention to PIVX but recent news + price spikes + this triangle caught my attention. PIVX is likely a longer term hold but will yield consistent returns. Suggested entry on breakout. TP's on chart.
PIVXUSD
PIVX - Cup & Handle Formation. PIVX Is forming a cup & handle formation which is indicating a potential bullish trend, I would suspect that the price will consolidate at its current price for a couple of days until it punches through the resistances shown on the graph. However, we could break through the support which could send the value back down again, fortunately, I think we are more on the bullish trend and this is the less likely event to occur.
Orange - Resistance.
Pink - Support.
Pivx: Long term play: 5 weeks.If you seen my previous post, you saw how I managed to enter and exit Pivx right when the pump happened. Well, I hope you don't miss out on this one too. The risk is little, but you can more than double your investments, if done properly. What are your thoughts?
Trade with care.
PIVX: Been waiting for thisPivx has been one of those coin I have been waiting and almost forgot about. This looks like a great buy area as it is already low. Potentially, this will continue forming what it seems to be a descending wedge on the daily time frame. Indicating a bullish movement in the future. What are your thoughts?
PIVX, long opportunityStop-Loss . 2.75$
Take-Profit1: 3.50$
Take-Profit2: 4$
Take-Profit3: 5$ // Long term
Good luck folks!
PIVX buycandle pattern - "morning star". MACD, RSI and ADX confirm the upward movement
buy 2.60
stop-loss 2.40
target 2.85 and 3.15
Happy trading)
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