The priceline of PIVX / Bitcoin cryptocurrency has formed shark pattern upto B to C leg and entered in potential reversal zone.
Soon the formation of C to D leg will be started insha Allah.
After taking complete price action in volume profile fixed range it is visible that sofar cryptocurrency trading interest is weak here.
The RSI is oversold.
As per Fibonacci...
PIVX (Private Instant Verified Transaction), will roll out its highly anticipated new core wallet v3.3 next month.
It includes support for a next-generation proof of stake privacy solution utilizing Zerocoin protocol (zPIV). Earlier this year PIVX made history by being the first POS (proof of stake) digital currency to implement a fully private and anonymous...
Pivx gave a green 2 on the daily chart which is a clear buy signal according to Tom Demark count. It also broke daily MA20 which is a also a very bullish signal. Stoch RSI is oversold and has a lot of room to go up.
I expect the price continue to increase.
Here is my trading idea:
Buy: 2150 - 2185
Sell targets: 2234 - 2290 - 2328 - 2480
Stop loss: 1975
