PIVXBTC trade ideas
PIVX: 60% GainPivx had a good run up yesterday. However, it still have no made new high to put itself in a bullish run. It is still inside a channel at the moment. If we look closely, we can see a potential gartley formation forming in the near future within this channel. Based on my previous post of Pivx, we were close to getting a 50% winner. Sadly we did not as it was only a few percent from our buy entry. Unless Pivx, breaks out of this channel, we will maintain this setup as our approach to enter. What are your thoughts?
Trade with care.
PIVX ideaPIVX oversold and a bit bearish , touched 0.382 fib level , RSI oversold on the 1h timeframe , if it goes lower it will go to 0.00074 or the 0.5 fib level
On the 4h PIVX is very bearish , we have a Bearish Pivot signal + RSI looking to go down
If you have PIVX on profit i would wait for it to go under the 0.38 fib level before selling it :)
TREND PRACTICEI'm new and learning to use fibonacci indicators, SMA, VOLUME, and RSI. I am learning this from looking at other users publications and trying to look at fresh charts and do the same on my own. I think that based on this upper trend crossing with the downward trend; My conclusion, based on the information provided here, is that the price of this coin will stay relatively the same and is flattening out. There is no indication of an upward trend or a downward trend in the near future. If anyone disagrees with my theory, please feel free to give me your feedback and any pointers is strongly appreciated and encouraged.
Thank you,
ButterySteez
Looking for PIVX breakout soon.Pivx has been a solid performer in the last month and is in a nice uptrend at the moment, longer term speaking. we are reaching the top resistance in the ascending triangle formation. There are candle formations within the triangle that would suggest to me that break will be upwards.
Looking to trade the breakout if the market goes above 0.00094.
PIVX current situationPIXZ made a correction and broke out after reaching my first target.
Break out however, wasnt strong enough to break the yellow resistance line.
Right now it looks to me as if its going to make a bigger ABC correction to retest the old trendline.
As long as yellow trendline is not broken, I'm on the sideline
$pivx - PIVX long opportunityPivx has already seen a STRONG rally of 1000-6000% (10-60x)
This coin seems to stay strong with the core fundamentals of crypto and focusing on true decentralization.
On the 1 day chart, we have stayed strong above the 314 Moving Average, and recover strongly through the 200 Moving Average.
I think Pivx is great at the current price and with how it held through the recent bear market I don't think we will be falling to the support anytime soon. You can see how the Fibonacci (cyan lines) also shows us landing exactly where we currently are and we can use this as a reference to future growth.
Strong Roadmap Features to come:
Multi-Sig Escrow System - allow users to create escrow agreements with other users for goods and services, with other users
Mobile Wallet Development - we have seen how mobile effects growth of coins already
Elastic Block Sizes - expansion of the system, and the people using the Pivx, will allow faster transaction times and improve efficiency.
Encrypted Chat System - I don't think this will be a huge factor into growth
Community Governance - Movement among the community to redesign the way voting and power is distributed and structured is gaining momentum. Several coins are becoming more centralized and this would help keep the core of crypto fundamentals and keeping things as decentralized as possible.
possible pump pivxnous avons le pivx qui vient de sortir de son triangle et peut donc pump très rapidement dans les prochain jour
il devrait surement descendre dans les 80-81k avant de pouvoir monté a au moins 90k dans la soirée
donc on prévoit une sorti a 90k pour du daytrade ou alors dans les 100k si on veut hodl quelque jour
$PIVX correction first?PIVX made a nice bounce out of the blue box but didnt break out of this pattern........not yet.
Could be interesting to see how this continues.
One more leg down, before breakout?
Keep your eyes on that trendline, once it break out==> buy after some consolidation. Check my link below how to trade breakouts.
Possible targets can be determined once break out is a fact.