PIVXBTC trade ideas
PIVX/BTC3 Reasons for trade setup:
Location: At support low
Momentum: Bullish Divergence trying to confirm. W confirmed in Willy and OBV
Structure: Double Bottom confirmed
Profit Objective: 2:1 R/R
Analytics PIVX/BTCThe downward trend was replaced by lateral movement in the middle of last month, which indicates a decrease in liquidity - traders do not have enough coins left. Interest to the coin fell in February - earlier than to other assets.
The coin should not be regarded as a long investment.
A small trade turnover is characteristic. Binance - 40 BTC, Bitrex - 33 BTC per day.
Insufficient liquidity complicates intraday trading - you can trade at a rate of 0.02 BTC maximum.
In the medium term (2-3 months) - it is necessary to closely monitor the volume of trading and evaluate the size of their rates.
0.0001590-0.0001432 zone of attention, if the price hits it, you need to evaluate the fight of bulls and bears.
Good entry price - 0.0001302-0.0001281
Price Projection: Important Dates Sep 15- 28, Oct 30, Dec 3Simple projection:
Not an active trade.
Very important dates are coming something is going to happen between Sep 15 and 28. It was hard to identify the exact timing.
But whatever it is, it is going to be HUGE.
Stop Losses, previous lower lows, based on your entries.
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation.
Thank you,
Ajion
[PIVX/BTC] Good Potential Reverse [ 100-150% Profit ]#PIVX / BTC ( Binance, Bittrex )
Buy Range : 0.00017
Stop Loss : Not recommended
Target 1 : 0.00028
Target 2 : 0.00037
Target 3 : 0.00044
WEEKLY CHART
- RSI touched oversold zone ( positive )
- SAR still negative but near to turn ( neutral )
- CCI isn't reversing fast yet ( neutral )
- Volume is weak ( negative )
- Below moving averages ( negative )
DAILY CHART
- Bullish Divergency on the RSI ( Positive )
- Rejected by EMA20 ( Negative )
- Sideways action ( Neutral )
HOURLY CHART
- Ichimoku cloud broken and candles above it ( Positive )
- Ema20 and MA50 crossed and candles above it ( Positive )
- MA200 above candles ( Negative )
- Good volume action ( Positive )
- Trendline is going up after many months falling down ( Positive )
CONCLUSION
PIVX is a very undervalued coin which has been falling hard together to every altcoins.
On the short-term frames we find facts to buy expecting a good reversal as other altcoins are doing right now.
On mid-term frames we dont have enough positives indicators which support this idea. However , that's pretty normal because it has been falling for months.
If you are looking for a safe entry, you even can wait until MA200 on 4h cross.
Anyway, this coin is on the support zone and its very good spot to buy and hodl.
Good luck
The PIVX bouncePIVX is a relatively young fork of DASH, but pretty much exclusively proof-of-stake, I believe. I think this has something with to do how closely they seem to move together as you can see in the comparison overlays. It's for this reason I see DASH doing the same moves, and going down one more time.
Although I dislike proof-of-stake coins from a conceptual point of view, there is no getting around the fact they tend to have MASSIVE highs & lows compared to traditional proof-of-work coins. (XEM is a good example).
So as a crpto-trader, I'm loving them.
If you did want to do some investing, getting a good chunk of PIVX at the floor and keeping it your own wallet as a "mining" node would be a pretty good bet I would say. The floor could be very far down. I'm long already but I've got more buys lined up all the way down to 0.00008 BTC
On a side note, DASH is both proof-of-work and proof-of-stake. Even though it's a veteran coin, DASH still has plenty to mine, but the entry requirements are pretty daunting if you wanted to join in.. 10,000 DASH in your wallet! To be fair, I don't think they would have seen the explosion coming when the white paper (or whatever) was made.
Seems a steady slow mine and great technical foundation is a winner in general in the crypto world.
PIVX Set for 5% Fibs trace is made
Now it is above 78.6%,
I have set alert for 78.6 & 61.8 if it touches 61.8 trend line then , next target will be 50% at 27436 sats , which 5.+ % profit minimum
if it retouches to 78.6 , then we have to watch it again
PIVX upto 300% Profits OpportunityPIVX was in a downtrend for some time now. Since May PIVX didnt show any upward trend and it seems it is time for a cycle towards the up direction. On the 1D chart we are confirming that a very small correction is happening for now and it seems it is going to feel up its load by the following 2 or 3 days. Daily candle should close above the upper resistance line to confirm both short / long term upward price trend. If this could happen we might see atleast a 300% profits upward move in the mid term.
Accumulation Zone : 21000 sats 25000 sats
Stop Loss : 16596 sats
Potential Targets :
Short Term :
T1 : 27135 sats
T2 : 28359 sats
T3 : 29583 sats
T4 : 31326 sats
T5 : 33546 sats
Mid / Long Term Targets
T1 : 49863 sats
T2 : 67662 sats
T3 : 82047 sats
T4 : 96433 sats
T5 : 116913 sats
Risk/Reward Ratio : 14
Good Luck.
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There is a possibility for the beginning of uptrend in PIVXBTCTechnical analysis:
. PIVX/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000240 to 0.000212). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000240)
Ending of entry zone (0.000212)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000298
TP2= @ 0.000337
TP3= @ 0.000385
TP4= @ 0.000425
TP5= @ 0.000482
TP6= @ 0.000557
TP7= @ 0.000664
TP8= @ 0.000923
TP9= @ 0.001116
TP10= Free
There is a possibility for the beginning of uptrend in PIVXBTCTechnical analysis:
. PIVX/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000240 to 0.000212). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000240)
Ending of entry zone (0.000212)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000298
TP2= @ 0.000337
TP3= @ 0.000385
TP4= @ 0.000425
TP5= @ 0.000482
TP6= @ 0.000557
TP7= @ 0.000664
TP8= @ 0.000923
TP9= @ 0.001116
TP10= Free
pivx here we go %still waiting for a positive volume to open position, but maybe a good time for a reversal. thanks and follow me
PIVX buy on 2 part bull div after 85% pullback from ATH2 part bull div on daily RSI shows us a buy opportunity on PIVX. PIVX is a good alt-coin, way down from ath just like the others. Several altcoins have set up like this right now so there are other buying opportunity on the crypto space.
Unlike other coins, PIVX has good fundementals: a devteam still making releases and active on github, and a good use case: PIVX fixes fungibility problems that bitcoin has. It is basically a competitor to XMR (Monero). XMR is one of the main altcoins and the only altcoin aside from BTC that is used regularly for real transactions because it is popular on the dark net markets. The dark net market is fickle and could easily switch to PIVX when the clear benefits of PIVX are seen.
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!
TRENCH WARS $%We are in trench wars, if B (Buyers) win the battle sellers will return, so before the buyers lose the forces.
thanks and follow me
There is possibility for the beginning of uptrend in PIVXBTCTechnical analysis:
. PIVX/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
. There is a valid and clear divergence in the price chart so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000278 to 0.000232). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000278)
Ending of entry zone (0.000232)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000337
TP2= @ 0.000385
TP3= @ 0.000416
TP4= @ 0.000473
TP5= @ 0.000528
TP6= @ 0.000596
TP7= @ 0.000695
TP8= @ 0.000795
TP9= @ 0.000936
TP10= @ 0.001116
TP11= Free
There is possibility for the beginning of uptrend in PIVXBTCTechnical analysis:
. PIVX/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
. There is a valid and clear divergence in the price chart so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000278 to 0.000232). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000278)
Ending of entry zone (0.000232)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000337
TP2= @ 0.000385
TP3= @ 0.000416
TP4= @ 0.000473
TP5= @ 0.000528
TP6= @ 0.000596
TP7= @ 0.000695
TP8= @ 0.000795
TP9= @ 0.000936
TP10= @ 0.001116
TP11= Free
#PIVX #BITCOIN #BITCOINPRICE #TRADING Price into a falling wedge and RSI telling that is going to be higher, so Pivx could get to 38564 Sats in that wedge.
