If PIVX can break the resistance line around 85k-90k and turn it into a new support line, we could see an substantial growth in price. However, I made .5 and .618 of the Fibonacci red because it could potentially bounce off either or back into a downward trend. I believe as long as PIVX stays within my upper trend line, it could show promise here within the next 2 weeks...
-Rich
New and upcoming in trend analysis, living in the charts trying to master the trade. If you like the charts and are feeling generous. My wallets are posted below :)
ETH: 0x7d88dea4cfe1e8cb61b002fca483f31e27a18cf4
BTC: 1APL4HHaXAnCr8YR6vy4EekhAP878Vbtwk
LTC: LMZJf5533zSiWKctANRVG7jgeyduzm8i9s
-Rich
New and upcoming in trend analysis, living in the charts trying to master the trade. If you like the charts and are feeling generous. My wallets are posted below :)
ETH: 0x7d88dea4cfe1e8cb61b002fca483f31e27a18cf4
BTC: 1APL4HHaXAnCr8YR6vy4EekhAP878Vbtwk
LTC: LMZJf5533zSiWKctANRVG7jgeyduzm8i9s
Comment:
Comment:
More detailed analysis based off of a day chart. Awaiting bullish confirmation, seeing potential breakthrough of resistance line. Got close atm with a high of 85k. Volume is condensing, hoping for an increase in volume to push PIVX through resistance threshold.
Order cancelled:
Saw china news early last night and many major coins went down..... will have to take the loss and see what happens once the market starts to correct itself.
Trade active:
Market has corrected itself, this is a good point of consolidation and taking advantage of buying into the bearish market. If PIVX breaks past 90k satoshi, we can see a new high.