PIVXBTC trade ideas
A trading opportunity to buy in PIVXBTCTechnical analysis:
. PIVX/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00015960 to 0.00011000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00015960)
Ending of entry zone (0.00011000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00018870
TP2= @ 0.00021400
TP3= @ 0.00025600
TP4= @ 0.00029550
TP5= @ 0.00033200
TP6= @ 0.00039400
TP7= @ 0.00045650
TP8= @ 0.00054480
TP9= @ 0.00065700
TP10= @ 0.00092300
TP11= Free
PIVX it might make another leg up! PIVX/BTCPIVX retraced back to the accumulation zone and gave us another opportunity to make some profits!
· there is a breakout in the upper side of triangle
· an ABCD pattern will take place: AB=CD!
· RSI just started to look bullish
· the risk ratio reward is 4.18 which is a great opportunity for us
Trade: PIVX/BTC
Buy: 1940-1970
Targets:
1. 2260
2. 2509
3. 2949( additional target)
Stop Loss: below 1794
Disclaimer :
My ideas are never financial/invest advice! For a favorable outcome, make your own research!
Don't forget it's all about patience and positive thinking!
Feel free to share your thoughts on the comment section below.
If you like my idea, push that like!
Mini bull run?BINANCE:PIVXBTC is sitting at support (green line) of an uptrend !! great opportunity to buy at green support line
then sell half for some profits on red resistance line and keep the other half in case it breaks the red resistance line and moons lol
in case is does not break the red resistance line use the profits and buy waaaaay more when it retraces to the green support trend line and sell half again on red resistance trend line
in case it breaks green support line trend is broken and stop loss should sell and prevent loss
not financial advice
Broke above descending trendline$PIVX Broke above the descending trendline with great volume, touched ~2440sats resistance and did some pullback.
Now it looks like its holding. MACD rising, RSI over 80 so strength looks healthy.
Try to enter below 2200 if you didn't get the alert from the UCTS buy signal #PIVX
PIVX : 50% SHORT TERM profits Opportunity. - A Falling wedge pattern creation is almost done and waiting for a confirmation breakout above the upper resistance line.
- RSI seems to be comfortably in a good movement currently at around 55.
- Both 50EMA and 89EMA are trying to make their path on favor of the bulls and can be taken as confirmation for a breakout if they come below the price in the following 4H candle charts.
- Volume is trying to increase and needs some strength to help a confirmation of opening a long position.
Accumulation Area : 2021 sats - 2150 sats
Distribution Targets :
Target 1 : 2239 sats
Target 2 : 2374 sats
Target 3 : 2483 sats
Target 5 : 2592 sats
Target 6 : 2747 sats
Target 7 : 2945 sats
Stop Loss : A close below 1813 sats
**All targets are expected to be achieved upto in 30 - 35 days.
Remember to drop your LIKES and press the FOLLOW button if you are interested by our forecast and be free to DISLIKE the post or right your COMMENT if you not convinced by the forecast. Thank you for your time to read our posts anyways. With Regards.
Good Luck.
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Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
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