PIVX will pop soonPIVX is looking really good right now, I put a large buy zone because im not too sure if its gonna pop right now or later (as BTC looking bullish now) buy according to your risk management.
I personally bought right now a bit and im adding to my bag all the way to the support if it drops.
99% sure it will go up
PIVXBTC trade ideas
Very Bullish Month for PIVXPivx has been on a good bull run in 2017, but nothing compared from what about to come this month! monthly rsi has been crossed and is just starting! weekly also looks very strong, a target to 0.004 is highly possible, it's one of those privacy coins like verge,monero etc, in my personal opinion pivx is a sleeping monster ready to pop anytime soon within the next week or so. seeing this baby be in top 15 market cap very soon!
Hopefully everyone enjoyed 2017, but hang on tight for 2018 supernova bull runs!
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
PIVX- Short term ABC correction before moving up higherWe had a recent nice bull run with pivx, now it seems it needs to cool off some steem by doing a ABC correction to the 65-67k sats mark, daily RSI is still falling once it resets we can see a run to the previous all time high and eventually a new all time high, pivx is undervalued and is much more worth. if the ABC correction does not complete, and buyers step in again then that could be the reversal, (watch out for a fake breakout)
PIVXBTCIt's nice to see how Fibonacci Extension levels from 8.12. to 11.12 "cooperated" in the future - near the extension levels there was always some kind of resistance. We can also draw 12345 Elliott wave pattern and assume that we are now in ABC correction.
From the chart we can also see that PIVX is currently in 71k and 85k channel. Breaking this channel to downside could lead PIVX to point C of ABC correction. But it is not a must :) If it will manage to break above 85k (with more volume), it could reach previous high around 100k, but this is currently risky trade IMO. Let's see what future will bring to us!
PIVX Long + Trading StrategyPivx looks like it will be having a long position given a resistance breakout as well as the possibility of a continued bull run. The technology behind Pivx is very democratized, and actually quite comparable to Dash's own protocol. Also the divergence for price as a long term holding is looking pretty good. Overall this is medium to high risk with the potential of 20 to 30% gains from what I am looking at. However, it is still risky and requires careful analysis.
PIVX/BTC: New 300k Bull Run Support 7/77/343Overview:
Using the setup and analysis (detailed below) we are projecting a continued bullrun with support towards 300k sats, with a new trading channel between 130k sats and 170k sats (the .618 and .382 Fib). The 7hr average is currently on an explosive upwards trend as it has punched past the downwards (orange line) BTC compression and the 77/343 averages, with increased trading volumes assiting the rise.
CURRENT SETUP & EXPLINATION OF SIMPLIFIED CHART
I use a 7/77/343 hour of trends (7-white, 77- purple, 343 - white cloud).
Snapshots for Setup:
1) 7/77/343 Intersections
First intersection: 4/22/2017 172k sats -0.25%
Second intersection: 7/28/2017 75k sats -0.25%
Third intersection: 10/8/2017 75k sats -0.25%
2) Line Setups
- Upwards Trends (green lines): Using the intersections from above, plotting the first upwards trendline (from 1st intersection to the peak ATH), duplicating these lines through the other two intersections
- Downwards BTC compression (Orange line). From the top of the ATH down through last crossing of 7/343/7.
3) FIB setup and support
- From first junction to ATH, we see that PIVX rose to around 170ks (1), then corrected to .786, before fnally settling into a trading channel between .618 and .382 (green lines). Support for this period was consistent at the .236 (blue bottom line). We drew a blue dotted horizontal line to demark the prior ATH, and a red dotted line at the top (1.618) line. This is (interestingly) come into play in a few more snapshots :)
4) Intersection Trendlines (Purple)
- Using the prior ATH and tracing a downwards line from this peak through the next intesection of 7/77/343 (Purple line, and then duplicating this line placing the same slope through the NEXT 7/77/343 intersection, we can (interestingly) see this intersects...almost exactly at the 1.618 fib line from above and the upwards green trend line from the nexus seperation. Highlighted with circle. Also notice the second upwards green line intersects this upwards purple line and prior ATH. This indicates a potential level of resistance, but if passed, will indicate a level of future support.
5) New ATH and trading channel
- Fib from current position to the top (prior 1.618 line), we see a new ATH around 275-300k sats, with a new .618 line close to the prior ATH of 170k sats, a new trading channel between the .618 and .382 at 170k sats and 130k sats, and a new baseline .236 support around 90k-100k sats
PIVX: ABCDE Correction Completed: MEGA BULL RUNPIVX has just broken its downtrend with completing the ABCDE wave. Expecting at least a 150% gain from current price. Entry target is .00073600. In the past Pivx has shown buying power signs with random spikes. This were early adopters/smart investors coming in. What are your thoughts?
Trade with care.
PIVX Good long term tradePIVX is the DASH fork which has started following in the steps of DASH. It skyrocketed the first year it came out by 1000's of % and has been in a bear trend ever since. There is a very large pendant looking pattern on the one year chart and it has finally broken through the upper line. Even though it is at a high, based on how DASH has performed and how PIVX has performed in the past, this is still a great buy long term. Especially since the RSI shows its weak over the 1 year chart and it finally broke through the upper pendant line.
PIVX Break out - Why isn't anyone talking about this?I've been holding PIVX for a while now. It is a good looking privacy coin that just didn't get the attention that DASH, Monero or Zcash did this year.
It has about a $600 million market cap with only 55 million coins in circulation and uses the zero coin protocol making it arguably the most anonymous privacy coin on the market (or so I've read, I'm not a developer).
With this small of a market cap there is still the possibility of good potential.
It is hard holding a coin that just slowly grows as others shoot to the moon. But after a lot of research I believe this one is a keep for me.
Maybe it is the sleeper we have been waiting for.
Any thoughts?