konosmgr

PIVXBTC-Why I think an uptrend is probable

Long
konosmgr Updated   
BINANCE:PIVXBTC   PIVX / Bitcoin
https://www.tradingview.com/chart/BjgfI84i/

Reasons for going long:
1.) RSI bullish divergence. PIVXBTC for the past month has been making lower lows but RSI has been increasing.
2.) There's an enormous TS and KS difference which indicates probable retracement of the price to higher values.
3.) I'm trading on binance and the main thing that is stopping buying momentum from building up was a sell block at 0,0002632 btc. If I had to guess, this is probably a buy stop for a short and if that breaks there isn't much keeping the price from going higher.


Trade active:
Sell block has been consumed
- I bought 488 PIVX at an average price of 0,0002618.
Trade closed manually:
Trade is over, sold at 0,0002850 btc
Comment:
test
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