TradingView
some_guy
Dec 19, 2018 5:29 PM

PIVX month-long desc wedge (bull flag) and regression channel  

Description

Today will confirm or deny a "bull flag" descending wedge breakout that has been forming for the last month. You can also see how PIVX has not returned to bottom of a six-month regression channel and is instead hovering in the middle.

Comment

Its also doing the same against BTC, exciting times!

Comment

How about them apples. Hope my 2 thumbs-uppers got their pivx on.
Comments
some_guy
Its also riding middle of regression channel against BTC (PIVXBTC) with some heavy buy volume. Exciting times!
some_guy
Here's a bit of reading on understanding the descending wedge formation. stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:falling_wedge_reversal
More