We had a recent nice bull run with pivx, now it seems it needs to cool off some steem by doing a ABC correction to the 65-67k sats mark, daily RSI is still falling once it resets we can see a run to the previous all time high and eventually a new all time high, pivx is undervalued and is much more worth. if the ABC correction does not complete, and buyers step in again then that could be the reversal, (watch out for a fake breakout)
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As i mentioned yesterday we could see another fake breakout, and that is what happened now most people think this is just going to dump and is not going to go anywhere,that's the time you buy! placing buys under 70.000 sats is a steal! weekly rsi is still growing very strong, once that daily rsi resets, i could see us going beyond 100k and eventually a new all time high within the first 2 weeks of january.
wishing everyone a happy new year, and massive profits in 2018!