PIVXBTC trade ideas
PIVX seems good to buy hereAs you can see pivx is holding trend line support.
As of now it is on support where we wanted buy.
Get some here.
Buy between 2000-2100
Current price 2064
Targets:- 2195,2300,2385,2490
Hold for 0-4 weeks.
Its price can go down even more if market gets crash.
Don't buy 100% of your portfolio for this coin. Buy 40-50% here and rest keep for if market gets crash.
Invest at your own risk. profit is yours and loss is also yours.
PIVX Bull Trend Has Started According to Tom Demark CountPivx gave a green 2 on the daily chart which is a clear buy signal according to Tom Demark count. It also broke daily MA20 which is a also a very bullish signal. Stoch RSI is oversold and has a lot of room to go up.
I expect the price continue to increase.
Here is my trading idea:
Buy: 2150 - 2185
Sell targets: 2234 - 2290 - 2328 - 2480
Stop loss: 1975
PIVX - 4hrPivx - 4hr
1. Retraced back to the .786 from previous impulse
2. TD Sequential full 9 count retrace
3. STOCH and RSI look to be rounding under
4. #9 could be a hammer.
a. 9 count retrace
b. range longer than previous frame
c. More volume than previous frame
5. MACD has rounded under a bit since I wrote that. and the 30MA and 7 MA have joined and we are trading above it already.
PIVX announcement on zPIV: market reaction aftermath
PIVX has bottomed out on the September 12th, along with many other altcoins. It has tested btc 0.000126 at that time, while the RSI oscillator formed a bullish divergence. Since then price has been increasing steadily, but on the 29th of September there was a strong spike in trade volume, the highest since June.
Price jumped up, producing a strong spike on a daily chart, while reaching the btc 0.00022 high. The strong increase in volume could have been the result of the PIVX announcement on the twitter, made on the 21st of September. PIVX has twitted about zPIV supply (twitter.com). It that twit, PIVX announced about the 25% of the total coin supply being placed in zPIV, meaning that ¼ of PIVX coins are anonymous and are ready for staking.
It looks like market reaction was extremely positive to this news, although it took some time to react on. PIVX continues to trade upwards while priced producing higher highs and higher lows. It outperforms most altcoins in the recent days and today it is a top 1 gainer from the top 100 coins. PIVX has gained 3.36% as of now, while the bitcoin has lost 4.25%.
The positive trend for the PIVX is very likely to continue, although it has to break above the resistance. The resistance is seen at btc 0.0002, which has been previously rejected multiple times. At the same time it has to break the downtrend trendline that still hasn’t been penetrated. The RSI broke above the descending channel suggesting further price increase. Nevertheless, perhaps it is better to wait for the resistance breakout before considering buying PIVX.
When/if the resistance will be broken, price should grow towards one of the Fibonacci retracement levels, either 23.6% at btc 0.00027, or 38.2% at btc 0.00036. If resistance will hold, PIVX/BTC might re-test strong support at btc 0.00017, which is the level where most of the trading volume has been recorded since June. The downside risk should increase, in case btc 0.00017 is broken, and PIVX will likely test btc 0.00014 support.
In summary, PIVX increasing trade volume showing the interest in the coin. Shor term uptrend remains valid, although to confirm further growth the resistance has to be broken.
Support:
1. 0.00017
2. 0.00014
Resistance:
1. 0.00020
2. 0.00027
3. 0.00036
$PIVX TREND REVERSAL, OH MY GOD!PIVX is one of the oldest coin in the coin, already 2 years been around and still maintain the 100 rank on coinmarketcap. With 56,781,166 total supply, as far as I know, PIVX have masternode. If you don't know what masternode is, it's simply locking your coins for some period of time in wallet and don't touch it (send it out) and your wallet should online 24/7 and then you got reward for an effort to maintain the network. Cool right?
PIVX: Private – Instant – Verified – Transaction(Tx) is an MIT licensed, open source, blockchain-based Proof of Stake cryptocurrency with Zerocoin protocol implementation for industry-leading transaction privacy.
The PIVX project is focused on, advancing its privacy technology to ensure fungibility, improving network scalability, and increasing real-world utilization to become a globally accepted decentralized online digital currency.
PIVX “wallet” software closely resembles running your own bank, with basecoin (PIV) for transparent transactions and Zerocoin (zPIV) for completely anonymous, untraceable transactions.
Both balance types are able to stake in-wallet to effectively act as a soft miner to earn block rewards while helping to secure the blockchain network. Meanwhile, PIVX masternode network also earns rewards for providing extra services and decentralized governance.
Done enough from fundamental side.
Let's go to technical part. Well i love to post higher time frame actually, it makes me easy to update rather than to publish a new one every time for an update.
Look at that candle, it's a doji at the very bottom. and yep after that price really quite spiking. Playing candles sometimes quite work in higher time frame, love it.
Every targets, you can see on the chart and we really need to break that resistance to confirm the trend reversal.
If this ideas helps you, give it a thumbs up, share, comments and follow me. Thanks a lot!
[PIVXBTC] PIVX Doji Candlestick [400% PP]PIVX is looking really good on the charts. Let's take a look at some of the reasons why and dive into the famous candlestick called a "Doji", which can alert us of an upcoming change of trend.
Let's start with the weekly chart:
* The first thing is that this is the weekly timeframe. Each candle represents one week. This is a long term chart and signals here are very strong. The longer the time frame the stronger the signal. For example, if you have a signal on the 4 hours time frame, it isn't as strong as the same signal on the daily (24 hours) time frame. The longer the time frame, the stronger the signal.
* On the chart above we have a classic S curve, which is self explanatory... It points to price action going up.
* If you were to draw a trendline from top to bottom, you can see that PIVXBTC has broken passively out of its downtrend. So it isn't going down anymore.
* We have increasing green/bull volume, which is a very positive signal.
* And finally, the TD Sequential negative nine count with two Doji candlesticks and the end...
So these are some of the signals, now let's get into the Doji.
The Doji is a candlestick that is neutral in nature, but when it appears at the end of a long trend, it is a strong signal of an upcoming trend reversal. Specially when you have overbought / oversold conditions, which is true for PIVX which we are using in this example (oversold both on STOCH and RSI).
I mentioned the weekly time frame several times because this candlestick is a strong enough signal to open a trade on its own. When you take into consideration what is happening with the altcoins market, the chart structure and volume.
Keep an eye on the Doji next time you are looking for a change of trend. This is an easy signal to spot... Now let's move on to our trade.
Trade instructions PIVXBTC by Alan Masters
Targets:
(*) 0.0001688 * Target hit 29-Sept. *
(*) 0.0001855 * Target hit 29-Sept. *
(*) 0.0002222 * Target hit 29-Sept. *
----
(1) 0.0002222 * Next target *
(2) 0.0002809
(3) 0.0003390
(4) 0.0003760
(5) 0.0004540
Stop loss: Close weekly candle below 0.0001260.
Capital allocation: <5%.
CARE, DEDICATION, PERSISTENCE & PASSION WILL WORK
Practice everyday.
Train hard.
Study more.
Dedicate time, more time, more energy...
You can... YES!
It is for your own good.
It is your own choice.
It is your decision.
Do it for yourself.
YES I AM LOVE!
Namaste.
PIVX Gave A Clear Buy Signal On The Daily ChartPIVX gave a green 2 according to Tom Demark count on the daily chart. This is a clear buy signal. Stoch RSI has space to go up. Weekly chart also looks bullish. I expect the price to rise.
Here is my trading idea:
Long: 1720
Take profit: 2000
Stop loss: 1600
PIVXBTC-Why I think an uptrend is probable www.tradingview.com
Reasons for going long:
1.) RSI bullish divergence. PIVXBTC for the past month has been making lower lows but RSI has been increasing.
2.) There's an enormous TS and KS difference which indicates probable retracement of the price to higher values.
3.) I'm trading on binance and the main thing that is stopping buying momentum from building up was a sell block at 0,0002632 btc. If I had to guess, this is probably a buy stop for a short and if that breaks there isn't much keeping the price from going higher.
$1k to $100k Challenge - Day 9 Trade #11 - PIVXHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by the end of the year by day trading altcoins.
I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile.
The first week, I made a few mistakes that cost me profit. Being greedy never pays off. These are good lessons for me to learn early on so I am at peace with that.
Now it is time to get back on track and knock off some wins.
After 7 days and 10 trades:
Wins: 5
Loss: 5
Balance: 0.1477 B
USD: $ 1102
There are too many past trades to list here so there is a stats page link with all my trades for this challenge below and in my profile.
Alright, here we go with Day 9 trade #11
I invested all of my current bankroll into PIVX. I bought 568.63 @ 25830 satoshi
Sell target is: 27130 for 5% profit
Stop loss: 24530
Reasons why I choose PIVX:
Indicators are turning up from the floor.
Price support found.
My target price was the prior support.
Good buy support/daily volume ratio.
In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all.
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
Another harmonic pattern on binance's PIVX chartThis is a pretty decent "bat" pattern, I believe. On the USD chart at bittrex, PIVX has recently bounced off of a 1.13 extension of a long-term impulse leg that started at the beginning of the year(and finally crossed back above $2). The lower it went, the more bullish I got. BTCUSDSHORTS and BTCUSDLONGS have been playing out as I've been expecting and the price action of BTC is finally starting to catch up with them. Growing all the more confident we're finally in bull mode again.
PIVX // BTC-Accumulation zone / possible Patterns BAT //PIVX this currency is in a zone of accumulation and the breaking of the resistance would give us beautiful operations
for the moment wait for the following movements
accumulation zone and possible formation of PATRON BAT
regards
^^^^ color change of harmonic ****