PIVXBTC trade ideas
PIVX, scale in opportunityLooking at the 4h chart, there are no indicators for an immediate breakout, but the price is getting very close to the bottom trend line as well as the bottom part of the support zone. Considering the fundamentals of this coin and a number of master nodes that hasn't changed since the big pump I doubt the price will break the support zone and I decided to scale in with 5% of my overall portfolio and set my buy orders within the 50-55 range. If it doesn't touch my orders due to a sudden change, I will miss the opportunity - however, if the price goes below the support zone, I'll cut my losses. The target is to scale out at 70-75 range with a possibility of 25% returns. The approximate ratio is 1:2.5.
The reason I believe that my orders will be filled is that I find the current momentum being in favor of some other trending alts, therefore this coin might be slightly under the radar.
Happy trading! :)
$PIVX Supports/Resistances - Breakout points$PIVX may be nearing its bottom, last day it started a nice bullish trendline. I'd say watch for increasing buy volumes to determine if it has a chance of breaking out. For breakout have targets at every 10,000 increment.
PIVX mapPivx saw an organic growth after a huge rise before the bullish month of May , this is one of the most stable coins, and one of the few that was least impacted by the crash of the market two months ago, I think it is not far from exploding and is still under the radar.
This is not a financial or investment advice, do your own research , im not a professional.
pivx , it seems good for buy pivx , it seems good for buy , buy in bottom of triangle
besttrade gorup
