PIVX/BTCCrucial support at (RED RECTANGLE) / 50% FIB RETRACEMENT, = .000510 SATS
A) If that's broken we will see a retracement towards previous support at .000496 SATS and if that is broken ur next support can be seen at .000481 SATS.
B) If that support is kissed 2 or 3 times... We will see very slow growth (almost sideways action) along the EMA55 level.
C) If we a fast bounce back due to high volume right away we will continue a bullish rally that will continue until previous resistance range of between .000565 - .000584 is met.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
ABOUT PIVX
PIVX is yes, a technology, however with that, it’s also much more that just bits of code and elaborate algorithms. It’s a community. It’s an organically growing network of individuals assembling a set of core principals, beliefs, visions, and ideas, collaborating together to develop PIVX. We are, at the end of the day, a collective of human beings coming together, inputting our various energies, resources, talents, and visions. Some of us are phenomenal coders. Others are expert project managers. Some are new to crypto, while others have been at crypto since the dawning of bitcoin (including the individual involved in the historical “bitcoin pizza” transaction). That said, there are a few folks who were at the core of the project, and from that, the community rapidly grew. As a reminder, often in tech and crypto realms, individuals are known by their “handles” (think nicknames) more than their own names.
Whitepaper: pivx.org
PIVXBTC
PIVX. Bear territoryPIVX has just breached 100-Day EMA. However, considering that the 100-Day EMA has been acting as a good support for PIVX over the last two months, With the RSI reading at 40, the PIVX is far from oversold and also indicates some room to the downside.
The MACD also brings negative news for the coin price. The MACD line has crossed below the zero centerline, signaling a bearish trend. The POCs usually act as strong price attractors, in PIVX case, the coin has touched this level. This is the price that most market participants accept. As you can see the point of control is close to the 0.0006. The bulls seem will to be keeping the price around that level in the next few days.
PIVX Prediction: 150% Return in 2018Just made a quick chart to show the PIVX Money Train heading as high as 0.0019 BTC (+170%) by July.
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BK
PIVXBTC Fib RetracementBounced from the Fib 0.5 support level and broke through Fib 0.382 resistance. The price is above Ichi cloud while the green line is rising. It means strong ascending trend. Stoch RSI and moving averages recommend to buy within a short term period. Overall fundamentals of the coin are great. We expect reaching the signal targets within next few days. In case of further BTC dip we may see a PIVX price decrease to the support level below Fib 0.5.
Pivx Round 2!Alright so we haven't been stopped out on the first trade and some of you may choose to hold through. But for those of you that have not entered the trade the new demand zone is shown in the following chart. Targets are pretty much the same. For those not in the trade you have a much better risk/reward ratio. This is an example of how patience works best in trading. I myself bought in at 8000 sat. I myself will let myself get stopped at .0007 and renter the trade closer to .0066. For those of you not in the trade the instructions are as follows
Entry:
.00068-.00065
.00089
.00093
.00095
.00104
.00113
.00119
Stop Loss:
.00064
PIVX ready to take off. Over 7:1 risk/reward ratioEntry:
.000785-.000825
Targets:
.00089
.00093
.00095
.00104
.00113
.00119
Stop Loss:
.0007
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Bitcoin 1623H7dyLQgS9PP9K4bZL6Q1m1dWsXu1Dd
Ethereum 0x0f3519f693984a69503291210FEb50a9F544269e
Dash XjvXVfn9D2S6QT4JH7zd5Jzcticz8DuMEC
Decred DsjoS3oQ7V2L4H6DN9HqVKX8c5Ez67n5tS5
Litecoin LewiitKzGP4yNYNPeGYXkLMzv89x1b9zyZ
These are educational indicators. I am not a financial adviser.
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PIVX Looks PromisingPIVX seems to be building an ascending triangle. All signals from the Ichimoku cloud are positive. RSI is strong and has showed a strong recent reversal at 50. Stoch is showing that we could see some consolidation before a breakout.
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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 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.
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/BTC might complete forming the triangleIt seems that we are near the breakout of triangle. I would offer to place buy-orders at 0.00084. But there is some announcement is expected on Dec. 31: "AriseBank tweeted about a "major" announcement.", so you can buy it right now as i did :)
coinmarketcal.com
Sell at 0.00098 there is a strong resistant line.
Stop loss at 0.000715