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!
Looking at the chart above, we can see that PIVXBTC has completed its retrace after the last bullish wave.
We caught this last wave in full for a nice 90%+ profits. You can see it here:
Now, a new opportunity is developing and I want it to share it with you so that you too...
. 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 50.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. There is a possibility...
PIVX retraced back to the accumulation zone and gave us another opportunity to make some profits!
· there is a breakout in the upper side of triangle
· an ABCD pattern will take place: AB=CD!
· RSI just started to look bullish
· the risk ratio reward is 4.18 which is a great opportunity for us