InvestMate|Bitcoin quick outlook💰Bitcoin quick outlook
💰This is a continuation of my last post on Bitcoin in which I switched to a broad perspective:
💰We have gone down to the 0.618 levels I wrote about in the post.
💰We are currently seeing a buying reaction at this level can we talk here about the end of the 2nd wave and the start of the 3rd upward wave.
💰I encourage you to observe
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Btc-usdt
Huge volumes. Easy money!On the FTT coin there is a clearly formed level with 3 touches which has been relevant for almost half a year.Now the coin has super increased volumes, at which we have come to this level and begin to form a trade.I expect a rise to the level and accumulation to enter the impulse breakout.
PIVX USD Inverse Head and Shoulders Neckline Broken, Target $.85PIVX is on the move and being accumulated it looks like to me. PIVX had a multi year correction consolidation which is understandable considering it went up 667,000%. That's right Six Hundred and Sixty Seven Thousand Percent. So anyways PIVX found some solid support around the $.10 cent mark and is now starting its next bull run. There is an inverse head and shoulders on the weekly that looks like the neckline has been broken and the measured move is around $.85 cents. My long term target for PIVX still stands on the macro, to around $100 bucks. PIVX hasn't stopped working and improving their project this whole time in this bear market they have been in. PIVX has some serious privacy features with a blockchain thats never been hacked or attacked because its practically impossible. Either way the fundamentals are there and the chart is showing a bottom. PIVX needs exchanges, thats what the team need to really work on next. Maybe create their own? What because its a privacy coin it wont be accepted on exchanges? Bullshit look at Monero it has over a hundred exchanges including the largest ones. PIVX is a diamond in the rough. Privacy will become a massive issue in cryptos when it is used mainstream, everyday by everyone, and these cryptocurrencies that have been around for almost 10 years that have withstood the test of time will be the ones adopted and used. These are just my speculations and ideas. This is not trading advice. Thank you for checking out my charts, leave me a comment below and let me know what you think. If you like my ideas then please dont forget to give me a boost and like my chart.
THIS IS A LINK TO THE PREVIOUS MACRO CHART I MADE ON PIVX A WHILE BACK