PIVX potential buy??So I randomly stumbled upon PIVX while I was checking out the privcay coin space. One thing I found very interesting is that it seemed to be holding its own vs BTC amidst this selloff.
Couple arguments for buying:
- It is still in the .236 and .382 range of the fib levels that I drew from the high of 1/23/2018 and low of 12/07/2017. This means, IF** Pivx was to 'moon' it has a long way to go before reaching its previous highs.
- It is printing a HUGE bullish engulfing candle
- 50 MA (blue) is about to cross the 200 MA (Pink
- MACD is about to see a bullish cross
The only thing that alarms me is the huge length of this daily candle which means it has a huge spread between its intraday support (.00050074) and resistance (.0006599). This kinda raises my eyebrows as there was some clear whale manipulation going on. If you zoomed into the 2 hour time frame, you can see huge green and red bodies as it sells off and then pumps and vice versa, huge pump and then equally huge selloff.
If I were to trade PIVX, I would definitely be careful of this since the price seems to be maniuplated and that could trap potential traders looking at this chart. However, if we apply some fundamental analysis and market sentiment, perhaps we can reach a more confident conclusion because the market is not manipulated 100% 24/7 (at least imo) which means eventually, if buyers see value or potential in PIVX, it will recover from these levels.
Good luck and
BTW...this is NOT FINANCIAL ADVICE. NEITHER ARE ANY OF MY OTHER POSTS.
PIVXBTC trade ideas
PIVX / BTC = "The one that got away" Day ChartPIVX is looking good with a strong support, looking back at the overall chart I found a symmetrical triangle forming on the day chart which explains the long wicks.
Symmetrical Triangles are a continuation pattern which means it can go break up or down, my bet its probably going up because of events and showing strong support. Also all my indicators show BULLS are trying to be in control but again anything can change during the process.
- Best entry for me which it might not get there but would be testing of the support of symmetrical triangle with another long wick at the bottom or anthor entry point would be at the support level its holding right now with tight stop loss.
-Being that the is a huge triangle the gains can be crazy or the loss can be crazy because of the measure move, see the chart.
I would love your opinions and thoughts about this chart, very interesting.
Have a nice day :)
Pivx (PIVXBTC) Buy Opportunity (303% Earnings Potential)Pivx (PIVX) is looking good for a buy. I've been tracking this coin for a while now and even set an alert for a price drop that never materialized. After reaching 0.000740 a few days ago, Pivx retraced nicely and it is now hovering around the lower part of a sideways channel. This one is available on both Biance and Bittrex...
PIVX had its period of consolidation, we can expect action very soon from this coin.
Upcoming events for PIVX:
- Pivx (PIVX) - zDEX Release (30-June or earlier). The PIVX Core wallet will provide a fully decentralized and anonymous exchange for zPIV and Bitcoin.
- Pivx (PIVX) - 4x events - U2F Integration, I2P Network, Elastic Block Sizes and Dedalion Protocolo (31-December)
I consider this a good "buy opportunity" to load up on Pivx before its next take off.
Let's get started shall we?
Pivx (PIVXBTC) Trade by Alan Masters
TRADE INSTRUCTIONS
Buy-in: 0.000555 - 0.000645
Targets:
(1) 0.000719
(2) 0.000784
(3) 0.000907
(4) 0.001035
(5) 0.001233
(6) 0.001433
(7) 0.001800 (All time high)
(8) 0.002100
Note: Not all targets are meant to be reached. Set up a goal/target for this and other trades and stick to it. For example, depending on how the trade develops, I can aim to earn 50-60% profits on this trade, once I've achived this, I sell and move on. You can also set up higher targets, such as 120-150% or more. It is completely up to you. You can set your sell orders right after buying in, selling a small portion of your coins on the first short targets and bigger portions as we hit the higher targets.
If you are already satisfied with your profits and want to move to a different trade/coin, you can sell up to 80% of your holdings and leave 20% in case we go "crazy" and hit the all time high and try to climb higher to reach a new top. Even 10% can give you magical earnings when a trade explodes. Remember this is the cryptocurrency markets, anything can happen once the market is in its full bull mode.
Stop loss: 0.000529
Very tight stop loss. Minimum risk with this trade, huge earnings potential. Hold patiently, and once we star to hit our targets, secure profits and later enjoy your profits.
This whole trading business is really flexible and the goal is to come out on top. The goal is to profit from this trade. So once you enter the profit zone, feel free to sell whenver you want and remember that securing profits is always the best choice that you can make.
Namaste.
PIVXBTC 1d and 1HPIVX is a strong coin which demonstrated decent results many times. Our team analyzed it in various timeframes the most useful was 1d and 1h they are shown on the chart. Indicators SMA and Momentum with various oscillators are in bullish state. Combining two charts a Gartley butterfly can be seen. Moreover the latest 3.1.0.2 upgrade should bring PoS, improvements will be activated on or shortly after May 8th.
Overall, this is a good trading pair to make profit, you can see the signal, buy zone, stop loss, duration and exact targets in the Premium channel
pivx/btcAs history repeats itself, this scenario may repeat itself
We may see a rally up to the 9000 level, including the start of the bearish wave with the aim of ending its downtrend at 19350
- But the requirement to climb to the level of 90,000 is to penetrate the current level 67185
Where it is very possible to start the bearish wave from this level
Guys, the MOON may be PURPLE just like PIVX!!!Today we are going to take a look at PIVX, a currency with really good fundamentals and with a recent price action that makes bears' bones shake!
As you can see, the red zone is a huge resistance zone around 0.00066 where bears usually push PIVX prices down. But now we are passing by different times. The market looks bullish for BTC and the great king usually brings with him all the coins market.
Besides that, PIVX price action makes me really hopeful about it's future. Below the huge resistance, we can see there is an ascending triangle formed, which is a bullish pattern. Considering the triangle's target, once the resistance is broken we can get an upside movement until 0.009 which is more than 35% rise from the current level! But you know, since alt's season starts, this target may be just the starting point from a really long run for PIVX!
It's important to notice that, just like BTC can push us up like a rocket, it can pull us down like a meteor! Never focus only on the altcoins, always keep your attention on BTC price movements, it can blow all your analysis!
PIVX - Buy Opportunity - 80% ROI - 8.6:1 Risk/RewardReasons to buy:
1. Valid break-out pattern with a clear consolidation zone
2. Multiple upside wicks indicate buying interest
3. High return on investment (80%) with 8.6:1 risk/reward
4. Buy low / sell high
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
PIVXBTC short-term (golden crossed, gonna breakout)
I have been watching the PIVX/BTC for few weeks. This is the fourth time in 2 weeks it is trying to break the upper line of the symmetrical triangle, and also poke the H&S neck's line.
The 1D golden crossed happened already so we are able to believe that the breakout is in coming. RSI gonna break resistance also.
Trading strategy:
- on 4H chart, RSI is near overbought, stoch overbought already so the correct gonna happen.
- wait for the correct and buy near the support line of the ascending triangle
- be patience for this trade is what I found after watching the price.
Target
- stoploss: below red line (<5400 imo)
- target 1: 64000
- target 2: 66000
- target 3: 70000
- target 4: 78000
Happy tradding!
Linh,