Using the setup and analysis (detailed below) I am seeing a lot of convergence around June 13th-June 15th. We have a lower support (rising red line) that extends from the first PIVX separation of 7/77/231 back on January 7th, 2017. That upwards support line has held and been tested a few times of recent. We have a downwards trend line extending from the recent...
Overview: 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,...
Overview: Using the setup (detailed below) we see an emerging compression triangle over the next 1-14 days. The 7hr average is currently being compressed by a downwards BTC trend (orange line) and an upwards baseline support (green line). I expect trades to oscillate between this triangle for the next week before a major breakout emerges should PIVX 7 push past...