PIVX/BTC on Binance is looking good! Ascending Triangle...
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. PIVX/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 33.
. There is a possibility of temporary retracement to suggested support zone (0.00016740 to 0.00014440). if so, traders can set orders based on Price...
$PIVX, bounced from support & went straight up around 15%+.
Now is reaching a key weekly resistance level...
UCTS Buy signal active
MACD & RSI rising
Crossing above EMA200..
Breaking from here would take us to 3k target...Falling below 2100 is warning... stay alert!
UCTS Sell signal on 1D
RSI falling & MACD about to bear cross
Crossing Ichi to the downside
I would expect a bounce and potential long around EMA50/trendline.
Falling below the trendline is a warning
This is a quick set up buy on the support and sell at resistance. Can keep some units over to see if it breaks resistance and keeps going but that'll be your call depending on the circumstances.
A little backtest on left side...
We received multiple up signals from our signaling service which means a potential uptrend may come
You can see the signals here users.oxy.biz
Bought the double bottom formation with a stop at previous support. Looking for a 0.5% tag target
Stop loss 18790
Commodity : PIVX
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1 Week
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 11%...
Looking like a descending triangle.. This pattern should break to the downside...but I'm not seeing it that way, currently bouncing at ~1867sats support level.
RSI starting to rise. MACD flat. Volume looks exhausted for any breakout.
For now set up alerts and wait!