Gartley pattern failed with PIVX, but butterfly keeps me hopefulAs with PINK, the Gartley pattern we found with PIVX hit the stop-loss levels for those trades, but I was able to find near-perfect butterfly patterns in both cases after adjusting primarly just the X and D points of the Gartley patterns. Bitcoin -3.42% has hit a somewhat signficant 1.27 extension level, and I'm still hopeful of a triple bottom playing out based on a number of factors. Unless it breaks below $5900 I'll stay as optimistic as possible.
PIVXBTC trade ideas
Buy in the down timesVery simple chart.
These are the times to buy in when everybody is pessimistic and negative about the market. Buy your favorite alt coins low and wait for the next super pump! Ill be posting more of your favorite alt coins that have great potential once the market turns over.
Pivx sitting pretty cheap - can keep accumulating this coin if it gets cheaper. Also dont forget to set up a stop loss just incase the whole market crashes to shit! All about the market cycles
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 ****
There is a trading opportunity to buy in PIVX BitcoinTechnical analysis:
. PIVX/BITCOIN is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 26.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000385 to 0.000337). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000385)
Ending of entry zone (0.000337)
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= @ 0.000485
TP2= @ 0.000554
TP3= @ 0.000668
TP4= @ 0.000760
TP5= @ 0.000924
TP6= @ 0.001151
TP7= Free
There is a trading opportunity to buy in PIVX BitcoinTechnical analysis:
. PIVX/BITCOIN is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 26.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000385 to 0.000337). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000385)
Ending of entry zone (0.000337)
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= @ 0.000485
TP2= @ 0.000554
TP3= @ 0.000668
TP4= @ 0.000760
TP5= @ 0.000924
TP6= @ 0.001151
TP7= Free
PIVX ready to move ! Hello everyone !
We just entered a really nice triangle a few weeks ago, now it seems like PIVX want to follow this path better than ever. Could breakout within a week (or earlier ) or go down, but i don't really think it will happen.
No target.
Entry : 50-54k
Stop loss : 46k ( or adjust it like you want )
I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons... ( Thanks to LNE for this sentence haha )
PIVX/BTC: June 13th BIG inflection point for PIVXUsing the setup and analysis (detailed below) I am seeing a lot of convergence around June 13th-June 15th.
We have a lower support (rising red line) that extends from the first PIVX separation of 7/77/231 back on January 7th, 2017. That upwards support line has held and been tested a few times of recent.
We have a downwards trend line extending from the recent highest high (Jan 22, 2018) through the last high (5/11/2018).
The intersection of the long support with this recent downwards trend hits around June 13th. On it's on, not that "significant" - yet, when you extend a new support line using the most recent "lows", that line intersects with the above two trends...at yup, the 13th.
Drawing a horizontal line through the nexus points back reveals a support line that's been tested over the past year.
Drawing a horizontal line of upper resistance over past month, and then a horizontal line through the junctions of where 7/77/231 MA all crossed simultaneously ( 7/28/107 & 10/7/2017) reveals a unique pattern of even spacing of those 3 lines, which corresponds to the main energy channel of PIVX (trading trough) of the past year.
What does the 13th hold? Who knows. Also of interesting note though (for those who follow charts/signs with astrology) - the 13th is also a new moon in Gemini (usually associated with a massive influx of energy). 13 is also a very powerful esoteric number / numerology.
All this to say - enjoy. We'll see what the next 13 days unfolds for PIVX.
CURRENT SETUP & EXPLANATION OF CHART
I use moving average lines (7/77/231 minute) (7-white, 77- purple, 343 - white cloud) to look at movements relative to one another.
PIVX Gartley pattern cleaned up with adjusted targetsNow that I understand the Gartley pattern a little better than I did when I first posted it, it seemed worthwhile to illustrate these additional target zones, which are comprised of the fib ratios from the XA leg from action point D. (A fib extension from X to A, back to A - then move the bottom of that fib extension from A to D)
A seemingly perfect Gartley pattern in PIVXI was just learning and teaching the Garley pattern at the same time earlier today... went looking for it and found it pretty easily both here and on WAX so far.
I've been invested for quite some time, waiting for last year's buy-in to finally pay off. The higher target is likely in the very near future, I believe.
It looks like it's finally about time. Standard stop-loss for a Gartley patternis just below point X.
Pivx (PIVX/BTC) more downside expected The price of Pivx has been in a complex correction for quite a while no. I have labeled some of the significant levels, and as you can see the price is interacting with the support line. I am expecting the price to bounce back but not above 0.236 Fibonacci level, before it falls down again and now to the largest triangle patter support line, which would be a Y wave from a WXYXZ correction.
PIVX: NEW DEVELOPMENTS 24 HOURS = 35.27% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 11th of May 2018.
Using this buy in point and selling at today's peak price, you would have expected to net 35.27% PROFIT!!! IN 24 HOURS!!!
The increase in price may also be explained by positive developments including:
May 2: PIVX announces release of it's wallet for MAC users.
May 6: PIVX releases the releases the PIVX core wallet 3.1.0.2
May 9: PIVX announces that zPIV has been reactivated within $PIVX Core Wallet 3.1.0.2.
May 9: PIVX announces that: the activation of #zPIV v2 (Phase 3) has been completed and that zPIV can be manually minted from the privacy tab.
May 9: PIVX announces that it has achieved the FIRST EVER anonymous Proof of Stake block on the mainnet with its custom Zerocoin protocol & Proof of Stake code.
May 10: PIVX announces launch of PIVX v3.1.0.2.
May 10: PIVX announces support that Nano Ledger S now supports PIVX Masternodes.
May 10: PIVX has been launches on The Blocknet.
May 12: PIVX Launches zPoS – Fully Anonymous Proof-Of-Stake Tech.
Analysis reveals that a combination of these developments together a broader recovery in the broader cryptocurrency markets has led to increase in the price of PIVX.
Trade Recommendation: PIVXBTCSignal for BINANCE: PIVXBTC
After prev. trade changed risk to 1% and got a bit wider TP and SL. Will be following a trade and updating once a day
Buy @ 0.0005937
Stop Loss @ 0.0004256 (-28.3%)
Take Profit @ 0.0008561 (44.1%)
Risk on the trade is 1%. Please let me know if anyone needs an explanation on how to calculate risk per trade using 3commas service.
To place take profit (TP), stop loss (SL) and Trailing I use 3commas services. Register and get 10$ on your trading account.