[PIVX/BTC] Good Potential Reverse [ 100-150% Profit ]
#PIVX / BTC ( Binance, Bittrex )
Buy Range : 0.00017
Stop Loss : Not recommended
Target 1 : 0.00028
Target 2 : 0.00037
Target 3 : 0.00044
WEEKLY CHART
- RSI touched oversold zone ( positive )
- SAR still negative but near to turn ( neutral )
- CCI isn't reversing fast yet ( neutral )
- Volume is weak ( negative )
- Below moving averages ( negative )
DAILY CHART
- Bullish Divergency on the RSI ( Positive )
- Rejected by EMA20 ( Negative )
- Sideways action ( Neutral )
HOURLY CHART
- Ichimoku cloud broken and candles above it ( Positive )
- Ema20 and MA50 crossed and candles above it ( Positive )
- MA200 above candles ( Negative )
- Good volume action ( Positive )
- Trendline is going up after many months falling down ( Positive )
CONCLUSION
PIVX is a very undervalued coin which has been falling hard together to every altcoins.
On the short-term frames we find facts to buy expecting a good reversal as other altcoins are doing right now.
On mid-term frames we dont have enough positives indicators which support this idea. However , that's pretty normal because it has been falling for months.
If you are looking for a safe entry, you even can wait until MA200 on 4h cross.
Anyway, this coin is on the support zone and its very good spot to buy and hodl.
Good luck
Buy Range : 0.00017
Stop Loss : Not recommended
Target 1 : 0.00028
Target 2 : 0.00037
Target 3 : 0.00044
WEEKLY CHART
- RSI touched oversold zone ( positive )
- SAR still negative but near to turn ( neutral )
- CCI isn't reversing fast yet ( neutral )
- Volume is weak ( negative )
- Below moving averages ( negative )
DAILY CHART
- Bullish Divergency on the RSI ( Positive )
- Rejected by EMA20 ( Negative )
- Sideways action ( Neutral )
HOURLY CHART
- Ichimoku cloud broken and candles above it ( Positive )
- Ema20 and MA50 crossed and candles above it ( Positive )
- MA200 above candles ( Negative )
- Good volume action ( Positive )
- Trendline is going up after many months falling down ( Positive )
CONCLUSION
PIVX is a very undervalued coin which has been falling hard together to every altcoins.
On the short-term frames we find facts to buy expecting a good reversal as other altcoins are doing right now.
On mid-term frames we dont have enough positives indicators which support this idea. However , that's pretty normal because it has been falling for months.
If you are looking for a safe entry, you even can wait until MA200 on 4h cross.
Anyway, this coin is on the support zone and its very good spot to buy and hodl.
Good luck