BITTREX:PIVXUSD   Pivx / US Dollar (calculated by TradingView)
As you can see, the symmetrical triangle was punched down. you can make short sales. Stochastic RSI and MACD confirm downward movement

The red lines represent the target points.
stop loss 3. 40
Trade closed: target reached: reached the first and second targets. waiting for further movement

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Comments

@Eugen14 still going down? pls update me :( thank u
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still going down? pls update me :( thank u
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hello, do u think pivx will still drop? i lost a lot of money already, it dropped rapidly in just 2 days ï dont knoiw what to do , thank u
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Eugen14 maddeneyevan
@maddeneyevan,hey. sorry, I could not make the update, because I temporarily did not have the Internet.
against the background of the growth of bitcoin, all the altkoins are known to go down.
I looked at the chart, and I can say that at the moment the coin is breaking through another line of support. Judging by candlestick analysis, a stop is not planned. because I recommend refraining from shopping.
it is possible that the decline will stop at 2.20.
Now I do not recommend opening any deals. We remember that the absence of trade is also a trade. We are waiting for the formation of any pattern for purchase. I will update this idea if I see something.
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Eugen14 maddeneyevan
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@Eugen14, thank u for reply, appreciate it, i already pull all my coins, i will wait for a little more time to buy pivx again and try to recover my loss:(
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