PIVXBTC trade ideas
PIVXBTC PIVXFirst main correction /wave 2/ appears to be complete, wave 3 has an initial boost up- continuation of further increases undergoing...
PIVX/BTCPIVX broke out of a very long downtrend and is now in the third leg up towards old ATH following the yellow trend line. Afterwards maybe new highs, if we get some good news around this time.
PIVX Looking Strong4 hour chart: Golden Cross, positive TK cross, price is above the cloud, MACD and RSI looking good as well. Look for a breakout within the next few days.
PIVX / BTC - Wyckoff Accumulation! Get ready for mark up!As you can see pivx has made a beautiful wyckoff accumulation schematic and start the markup phase in the near future.
TIP: Dont trade in trading range!
Pivx VS Bitcoin Support RejectionFollowing the previous idea on Pivx vs Bitcoin , price corrected down but was stopped at 50% Fibonacci retracement level, that is 61k satoshi. Price failed to close below that level although it attempted to go lower, at the same time, the 200 Moving Average was rejected.
Therefore, after breaking above the triangle and the 200MA price corrected down and rejected the support. Such price action could suggest the beginning of the uptrend, sending the price up to the 166k satoshi resistance, confirmed by two Fibonacci retracement levels, 261.8% and 327.2%. This is the first strong obstacle to the potential PIVX/BTC rise and it is yet to be seen whether price breaks above or will reject it.
PIVX recoveryLooks like we are back to upside with PIVX will be more comfortable once the 100 day MA crosses back down below the 50 day MA. Any feedback on the thought let me know
All trades are your own I do not provide any trading advice this is just my thoughts and outcomes.
PIVX buy signal.all 6h indicators showing good directional movement. looking for 70-100% trade from entry of 66-68 ish.
PivX broke downtrend, found support and pushing for 300% move?After a downtrend lasting through most of 2017, Pivx recently broke through the daily cloud and also broke out from the long term resistance line. The retracement after the breakout move found support on the previous resistance, the 50% fib line and also bounced perfectly off the daily cloud. Not only this but it also bounced off the 200 day EMA nicely at the same time. The daily stochastic RSI is oversold and turning strongly upwards indicating that the trend is shifting direction.
I've marked some potential sell zones in red. This has the potential for a 300%+ move from it's current position.
As always, make sure you have a solid position management, judge your own risk/reward and set sensible stops.
PIVXBTCI'm noticing the downtrend close in on the existing support I think it will be interesting to see how this behaves in the next week.
Please let me know what you all think and anywhere I can improve on my chart.
Thank you
Pivx VS Bitcoin Has No Strength Following the previous idea on Pivx , it has reached the downside target and went lower. Although afterwards, price corrected up and reached the resistance at 87k satoshi. The resistance has been rejected, suggesting that PIVX has no strength against the Bitcoin.
PIVX/BTC is likely to go down yet again to test the 61.8% Fibonacci retracement at 52k satoshi. This level should play a key role in further price action, where the break below could lead to further weakness, but rejection could prove that Pivx might explore new highs.
At this point, Pivx is still weak and the only break above 100k satoshi could prove otherwise.
PIVX new market cycle2018 will be the year of Privacy coins. No one expected Verge to soar to 2 billion+ cap, but this sets the minimum valuation precedent for all the coins below that threshold. Pivx has held a nice retracement from its first market cycle, the 0.883 which is common. We notice a strong break of the downtrend and volume stepping in. Late buyers can hope to get filled in the 65-67k zone as we are currenly there and wicking down, catching impatient sellers who dont understand the big picture. Pivx is a clone of dash, with free and instant transactions, and the same masternode setup requiring a stake of 10k coins at a minimum. With decent liquidity and trading volume, we could potentially see this snowball as masternodes gain profitability in a price increase, and they natually promote a hodl environment. We could see potential top targets in the 400-750k zone, netting us a 500-1000% reward here. Growing community with a strong presence, Pivx is a clear buy here. The strong weekly stochrsi and the newly crossed monthly that if fully oscillates are out signs of momentum.
PIVX Trading Idea & 2018 Price ProjectionGoing long on $PIVX during Q1 of 2018.
One of the tokens I've pegged as a mid-cap that will likely establish itself this year as a large-cap.
PIVX will pop soonPIVX is looking really good right now, I put a large buy zone because im not too sure if its gonna pop right now or later (as BTC looking bullish now) buy according to your risk management.
I personally bought right now a bit and im adding to my bag all the way to the support if it drops.
99% sure it will go up
