PIVX preparing for launchLong time undervalued coin.
Testing supports and resistances.
Take now or cry later.
#1 Privacy for 2018
Private inside info - in Q1 2018 something is coming :)
Pivx
Pivx VS Bitcoin Has No Strength Following the previous idea on Pivx , it has reached the downside target and went lower. Although afterwards, price corrected up and reached the resistance at 87k satoshi. The resistance has been rejected, suggesting that PIVX has no strength against the Bitcoin.
PIVX/BTC is likely to go down yet again to test the 61.8% Fibonacci retracement at 52k satoshi. This level should play a key role in further price action, where the break below could lead to further weakness, but rejection could prove that Pivx might explore new highs.
At this point, Pivx is still weak and the only break above 100k satoshi could prove otherwise.
PIVX/BTC might complete forming the triangleIt seems that we are near the breakout of triangle. I would offer to place buy-orders at 0.00084. But there is some announcement is expected on Dec. 31: "AriseBank tweeted about a "major" announcement.", so you can buy it right now as i did :)
coinmarketcal.com
Sell at 0.00098 there is a strong resistant line.
Stop loss at 0.000715
PIVX Long + Trading StrategyPivx looks like it will be having a long position given a resistance breakout as well as the possibility of a continued bull run. The technology behind Pivx is very democratized, and actually quite comparable to Dash's own protocol. Also the divergence for price as a long term holding is looking pretty good. Overall this is medium to high risk with the potential of 20 to 30% gains from what I am looking at. However, it is still risky and requires careful analysis.
PIVX/BTC: New 300k Bull Run Support 7/77/343Overview:
Using the setup and analysis (detailed below) we are projecting a continued bullrun with support towards 300k sats, with a new trading channel between 130k sats and 170k sats (the .618 and .382 Fib). The 7hr average is currently on an explosive upwards trend as it has punched past the downwards (orange line) BTC compression and the 77/343 averages, with increased trading volumes assiting the rise.
CURRENT SETUP & EXPLINATION OF SIMPLIFIED CHART
I use a 7/77/343 hour of trends (7-white, 77- purple, 343 - white cloud).
Snapshots for Setup:
1) 7/77/343 Intersections
First intersection: 4/22/2017 172k sats -0.25%
Second intersection: 7/28/2017 75k sats -0.25%
Third intersection: 10/8/2017 75k sats -0.25%
2) Line Setups
- Upwards Trends (green lines): Using the intersections from above, plotting the first upwards trendline (from 1st intersection to the peak ATH), duplicating these lines through the other two intersections
- Downwards BTC compression (Orange line). From the top of the ATH down through last crossing of 7/343/7.
3) FIB setup and support
- From first junction to ATH, we see that PIVX rose to around 170ks (1), then corrected to .786, before fnally settling into a trading channel between .618 and .382 (green lines). Support for this period was consistent at the .236 (blue bottom line). We drew a blue dotted horizontal line to demark the prior ATH, and a red dotted line at the top (1.618) line. This is (interestingly) come into play in a few more snapshots :)
4) Intersection Trendlines (Purple)
- Using the prior ATH and tracing a downwards line from this peak through the next intesection of 7/77/343 (Purple line, and then duplicating this line placing the same slope through the NEXT 7/77/343 intersection, we can (interestingly) see this intersects...almost exactly at the 1.618 fib line from above and the upwards green trend line from the nexus seperation. Highlighted with circle. Also notice the second upwards green line intersects this upwards purple line and prior ATH. This indicates a potential level of resistance, but if passed, will indicate a level of future support.
5) New ATH and trading channel
- Fib from current position to the top (prior 1.618 line), we see a new ATH around 275-300k sats, with a new .618 line close to the prior ATH of 170k sats, a new trading channel between the .618 and .382 at 170k sats and 130k sats, and a new baseline .236 support around 90k-100k sats
PIVX: ABCDE Correction Completed: MEGA BULL RUNPIVX has just broken its downtrend with completing the ABCDE wave. Expecting at least a 150% gain from current price. Entry target is .00073600. In the past Pivx has shown buying power signs with random spikes. This were early adopters/smart investors coming in. What are your thoughts?
Trade with care.
PIVX breaking out of Channel?STUCK IN THE CHANNEL:
PIVX is showing the urge to break out of it's long time channel and go exponential.
If we manage to hold a breakout of this long time price range that connects the price highs and lows since March, then we should see a rapid and sharp rocketing of price.
If we don't manage to breakout, then we should stay channel bound, and head back down to 4.00, but still in a bullish trend overall.
Long on a breakout of the channel above 7.00
or
Long after a pullback within the channel around 4.00 to play the range.
Support my Analysis, Thanks!
PIVX looking for a breakout soonWe have some signals PIVX is getting some momentum. This is confirmed by playing with the cloud resistance. I would recommend waiting for a stable entry point or buy the break-out at 0.00036 sats level. If we have to buy the break-out make sure to move stop up. PIVX in general breaks with violence and volatility. Goodluck
PIVX: Decision Time BITTREX:PIVXBTC has been moving down to the tip of the symmetrical triangle it formed over the last two day. Technical look bullish and support for this alt is strong so it is likely to be a break upwards (many altcoins are currently in a similar position). I don't usually pay a lot of attention to PIVX but recent news + price spikes + this triangle caught my attention. PIVX is likely a longer term hold but will yield consistent returns. Suggested entry on breakout. TP's on chart.
PIVX 1D Timeframe 3 December 2017PIVX, the privacy coin which I'm heavily in to. Pretty decent infrastructure and technical background on this one, heavily undervalued in my opinion.
But ok, let's go to the Technical Analysis. As we can see, PIVX had a huge spike at the end of April this year, resulting in a ATH of around 178K. After that it retraced back to the 0.236 level for three times. As we continue doing this analysis we can see a pattern coming for PIVX, which is the Elliott Wave in a descending triangle. The three bottoms around the 0.236 Fibonacci Level are the A, C and E waves. After that we can come to the conclusion that we'll see an ABC after this coming (after a ABCDE wave, you'll most likely see an ABC wave coming, which we've seen before with PIVX as well).
I'm expecting a pattern like the ones approached with the arrows. And if we see it, then we'll be seeing an pretty high ATH coming.
Will update this one weekly.
PIVX Breaks Out on NewsPIVX looking strong here.
PIVX NEWS:
Pivx became the first proof of stake cryptocurrency to enable total transaction privacy. This was the catalyst for the latest technical breakout.
TECHNICAL ANALYSIS:
We consolidated since August in this 2.80 to 4.00 range. This is our 3rd attempt at breaking out and it has succeeded. A classic 1-2-3 break out pattern. Remember, the more a level is tested, the more likely it is to break and that’s exactly what took place over the last couple days in PIVX.
Now that we’ve broken the 4.00 resistance level, that should turn into support. We need to be aggressively long above 4.00 taking profits at our targets based on Fibonacci levels.
THE PLAY:
Long over 4.00
Target 1: 161.8% Fib level at 6.32
Target 2: 200% Fibonacci level at 7.34
The top trend line that connects price highs also comes into play around those levels, so we need to see how price reacts around our targets.
PIVX CHARACTER:
Based on PIVX’s price behavior since April, it tends to rise in price and then consolidate sideways for a couple months before taking another step. There is a stairstep pattern that seems to keep a pace based on fundamental news developments with the currency.
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!! DM me with chart requests or questions !!
MY TRADING METHOD:
I keep my analysis simple. Good analysis always is.
I use Price Patterns, Moving Averages, and RSI for my analysis.
I use the 1 day for trend analysis and 60 minute for trade entry
For my Targets I use Fibonacci projections, measured moves, support and resistance.
Successful trading means proper risk sizing and trading small so you can stay in the game.
PIVX - Cup & Handle Formation. PIVX Is forming a cup & handle formation which is indicating a potential bullish trend, I would suspect that the price will consolidate at its current price for a couple of days until it punches through the resistances shown on the graph. However, we could break through the support which could send the value back down again, fortunately, I think we are more on the bullish trend and this is the less likely event to occur.
Orange - Resistance.
Pink - Support.
PIVX/BTC short-mid term analysis | Compression Release PendingOverview:
Using the setup (detailed below) we see an emerging compression triangle over the next 1-14 days. The 7hr average is currently being compressed by a downwards BTC trend (orange line) and an upwards baseline support (green line). I expect trades to oscillate between this triangle for the next week before a major breakout emerges should PIVX 7 push past the 77hr and 231hr averaages. Currently, charts are showing downward trends for both 77 and 231. Should 7hr averages remain stable (or increase), expect a passing threshold around Dec 9th-10th. Upwards of 150k spike, with new floor around 70-75k Sats.
Using a new zero floor at this junction (around 40k Sats), we see some interesting patterns emerging. Extending Fibs (setting 1 at the previous high), we see the 786 intersect the upper Trend support (yellow line passing from nexus through the second junction of 7,77,231) around 150k sats. We also observe a potential new baseline support around the 236 (70k sats), which interestingly passes almost perfectly through the previous two intersections of 7,77,231).
CURRENT SETUP
I use a 7/77/231 hour of trends (7-white, 77- purple, 231 - white cloud).
Charting baseline support (~34k Sats)
Nexus Separation (7,77,231): 2/8/2017 1500 sats
First 7,77,231 intersection: 4/22/2017 127k sats
Second 7,77,231 intersection: 7/28/2017 75k sats
Third 7,77,231 intersection: 10/8/2017 75k sats
EST 4th 7,77,231 Intersection: 12/9/2017 40k sats
Downward BTC trend extends from Peak Price, and same trend placed through first 7,77,231 intersection. Notice the Path of 7 through this channel.
Upward Support extends from nexus to current 7 / baseline support intersection.






















