PIVXBTC trade ideas
PIVX/BTC Long Idea, Looking for a 0.50% tagWe received multiple up signals from our signaling service which means a potential uptrend may come
You can see the signals here users.oxy.biz
Bought the double bottom formation with a stop at previous support. Looking for a 0.5% tag target
Entry 19920
Target 23680
Stop loss 18790
RR 3.65
PIVX-BTC Long Trade PlanCommodity : PIVX
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1 Week
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 11% to 28%
Prospective Loss : 6%
RRR : SL to TP1 is 1.69, SL to TP2 is 2.37, SL to TP3 is 3.27 and SL to TP4 is 4.17
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Looking like a descending triangle.. but we are going up?Looking like a descending triangle.. This pattern should break to the downside...but I'm not seeing it that way, currently bouncing at ~1867sats support level.
RSI starting to rise. MACD flat. Volume looks exhausted for any breakout.
For now set up alerts and wait!
PIVX it might make another leg up! PIVX/BTCPIVX retraced back to the accumulation zone and gave us another opportunity to make some profits!
· there is a breakout in the upper side of triangle
· an ABCD pattern will take place: AB=CD!
· RSI just started to look bullish
· the risk ratio reward is 4.18 which is a great opportunity for us
Trade: PIVX/BTC
Buy: 1940-1970
Targets:
1. 2260
2. 2509
3. 2949( additional target)
Stop Loss: below 1794
Disclaimer :
My ideas are never financial/invest advice! For a favorable outcome, make your own research!
Don't forget it's all about patience and positive thinking!
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