Feeling confident in trading this with the support level and RSI showing oversold. My original entry is @ $10105. I'll continue to add to my position at any price below 10400 USD. I'll reduce my position in half when the target price is reached and ride the rest on a trailing stop of $250.
Ripple has given us a nice return so far but its cooled off and consolidated very nicely. I'll be looking for a break out here and move to our next target @ $3.23. We may not hit right away but we will get there. I'm thinking we may move up and sideways unless we get big news about major listings/partnerships/adoption.
I'm seeing a great opportunity for an entry into PIVX. The TA looks good to me. This is prime for a breakout. On top of the "Technical" reasoning supporting my entry, environmentally, I see strong sentiment for privacy tokens/currencies.
Upside opportunity
My first Target is 6188, then ill be looking for a drive up to the 1.618 level @ 7399 at which point, I may take some profits.
Risk Prevention
I will be looking to exit this position if it drops down to 0.5 level. For those risk adverse, it may be worth considering a stop loss @ 5450.
