pivx has been doing workPIVX looking to break out again... Hopefully all the "china isn't banning iso" talk, doesn't rock the boat for pivx.
Entry .00089
Target .001076
PIVXBTC
PIVX: 100%+ Gain PotentialMy previous post about Pivx was a success. I was only able to make 20% off it. However, this time around, PIVX is showing even more gain potential. A lot of signs are pushing for this to go higher and identifying a low point to buy will be great. We have here previous respected level of price and a Cypher completion right on that price. I believe this trade will be a success. What are your thoughts?
Trade with care.
PIVX ABOUT TO DECIDE AT TRIANGLE.PIVXBTC arriving end of triangle.
If its breaks triangle it will most likely head for the 0.0008357 level and try to break it to major resistance at 0.00088837
Observe as MACD forms similar trend with last breakout and also lower support has been tested 3 times.
support at 0.00072593 if candles break below triangle.
PIVXBTC: Looking really good, great potential for the end of yrPIVX has been doing really good for the past few weeks and I'm expecting it to continue for the rest of the year. A lot of things are happening with constant weekly updates.
Order Book on Bittrex looks good with buy support. Volume picking up and reaching $1.7 mil (hopefully $2mil very soon).
MACD is below 0 but RSI showing over bought so expect a little sideways movement for some time.
If you haven't heard of PIVX yet, I suggest you read about it on their announcement page here: bitcointalk.org
Very long on this one.
PIVX Uptrend BreakoutIf PIVX can break the resistance line around 85k-90k and turn it into a new support line, we could see an substantial growth in price. However, I made .5 and .618 of the Fibonacci red because it could potentially bounce off either or back into a downward trend. I believe as long as PIVX stays within my upper trend line, it could show promise here within the next 2 weeks...
-Rich
New and upcoming in trend analysis, living in the charts trying to master the trade. If you like the charts and are feeling generous. My wallets are posted below :)
ETH: 0x7d88dea4cfe1e8cb61b002fca483f31e27a18cf4
BTC: 1APL4HHaXAnCr8YR6vy4EekhAP878Vbtwk
LTC: LMZJf5533zSiWKctANRVG7jgeyduzm8i9s
PIVXBTC: Upside Looking at my previous post, my outlook is to be long on PIVXBTC. Right here, we have an ABCD move. We are looking to gather some profits from the CD move. What we are waiting for is a pullback into previous resistance to continue our upside. This upside can bring us to level stated in my previous post. I will tag it in this post. What are your thoughts?
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Trade with care.
PIVX Descending TriangleIn this case I'm going to consider this pattern to be bullish, since downside potential is limited and there has been an extended period of consolidation. PIVXBTC has been rather resilient, in terms of USD. If PIVX can break out of the triangle, upside potential could match the length of the first touch, marked as a red line inside the triangle and copied to the target area. Coming out of the triangle, there will be immediate resistance at 38.2 and 50 fib levels but with momentum and volume, the target will be .0014BTC. Lacking volume, we will see further consolidation and accumulation while we wait for a new pattern to emerge.
PIVX: 300% gain vs -30% lossWould you take this trade with the risk and reward stated? This is my view on the coin. Since bitcoin made new highs and investors will continue holding bitcoin as it climbs. We can expect altcoins to slow down more before their big moves up. I am expecting Pivxbtc to continue back to the support before buying again.
Trade with care.
PIVX/BTC Trade IdeaPotential to make a lot of gains on this one. We're waiting for PIVX to either bounce off the current support line, or test it and bounce from the 0.618 Fib level. It seems to be obeying Fib levels really nicely and I'm hoping its no different on this occasion. If it does bounce from the Fib level, the I will look to buy in once the price has confirmed that it has broken back up above that support line. This level has already been tested once before so I' hoping it is able to bounce from it to confirm it as a solid major resistance level. The current ascending support line isn't much to trust as it is using the current price as the second point of contact, meaning that it shouldn't be used to guide our trade. Would love to see the price hit the 0.382 Fib level before taking any profit. If price breaks both current support and the 0.78 Fib level then we will reassess and start again
PIVX, scale in opportunityLooking at the 4h chart, there are no indicators for an immediate breakout, but the price is getting very close to the bottom trend line as well as the bottom part of the support zone. Considering the fundamentals of this coin and a number of master nodes that hasn't changed since the big pump I doubt the price will break the support zone and I decided to scale in with 5% of my overall portfolio and set my buy orders within the 50-55 range. If it doesn't touch my orders due to a sudden change, I will miss the opportunity - however, if the price goes below the support zone, I'll cut my losses. The target is to scale out at 70-75 range with a possibility of 25% returns. The approximate ratio is 1:2.5.
The reason I believe that my orders will be filled is that I find the current momentum being in favor of some other trending alts, therefore this coin might be slightly under the radar.
Happy trading! :)
pivx , it seems good for buy pivx , it seems good for buy , buy in bottom of triangle
besttrade gorup
