PIVX preparing to go UP PIVX has performed symmetrical triangle and bearish ABCD pattern. If bullish break up bullish confirmation line, then we have two targets:
1- 103202 as ABCD pattern target with 33.40% profit.
2- 148122 as symmetrical triangle target with 98.51% profit.
If pattern break down, we have support at 35855.
This analysis based only on TA, use your stop lose and money management.
PIVXBTC trade ideas
5 count 4h sequential for PIVX/BTC- could head back to supportsThe DeMark Indicator is showing a 5 count on the downside.
There are some key BTC supports shown on the green lines.
BTC is currently in full bull mode against USD. So, when the calm from the upwave returns, ALTS usually take some time to catch up the BTC upwave. So I am expecting some more support to be hit for PIVX in the short term, but then continuation into Oct 16th as PIVX new algo is released plus the catchup to BTC.
***CRYPTO*** PIVX/BITCOIN Long scenarioKeeping the TA simple but the geometry for a bull pennant lies there, will PIVX be taken to new heights against bitcoin or is that a rejection we see with a bearish pennant forming a funnel now?!? Given the buying pressure seen withing the bullish bursts I wouldn't expect so but only time will tell.
PIVX BTC (What will news and updates do to PIVX price) zPiv Update may send PIVX back to 100000sat over the next 3 weeks. Proof of Stake is a hot topic in the crypto world right now as Ethereum moves in this direction. Competing with Verge XVG for best anonymity and privacy focus blockchains, Verge releases its updates this month along with PIVX.