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...
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot...
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
PIVX is one of the oldest coin in the coin, already 2 years been around and still maintain the 100 rank on coinmarketcap. With 56,781,166 total supply, as far as I know, PIVX have masternode. If you don't know what masternode is, it's simply locking your coins for some period of time in wallet and don't touch it (send it out) and your wallet should online 24/7 and...