Ladies and gentlemen, we might see some movements this week.
As mentioned before, we had some sideways action last week. Now you can stop selling your PIVX for BTC and trade that lovely DOGE, PIVX has some action of its own.
The idea is to get to the black line and stay above it. That way, PIVX will be one of the profitable coins in the next weeks.
Good day to all,
PIVX is looking strong in the current position. The conditions are in our favor across the board.
- MACD Crossing on Daily-timeframe
- RSI Looks good
- DMI steady bullish
- Larger picture channel and upside potential are clearly visible. Supported by the breaking momentum that is upcoming.
- First resistance zone around $1.97
I've been buying into PIVX for a few months as the BTC pairing hots up. USD Pairing looks like it is breaking out. Super volatile so no margin.
My ridiculous target is 0.00014000 by summer.
(not massively convinced by the trend lines here yet, will revisit)
PIVX/BTC 2016 coin that has not had a large pump as most alt coins on Binance have done. These too me present low risk / high reward as it is not inflated 10,100,1000x and still pretty close to the bottom. Actually its pretty close to its exchange listing price from 2016
> Breakout of pendant - Key notes > Use a line graph to plot the exact pattern lines to determine TRUE price reference. Sometimes the wicks can be noise.
> Increased volume - Break out with volume. Second candle has not failed indicating bullish support.
> Bullish range candle range
> Target $2.80 - 100% Extension of last impulse.
Really undervalued coin here!
Would be looking at a partial tp at the 0.618 if it doesn’t hold it, long term 1.618 would be my first major tp
Possible wick to the yellow box if it fails to hold support at 0.98 which will probably be tested.
Earlier Weekly Time Frame Analysis:
PIVX was announced on November 25, 2015. PIVX is short for Private Instant Verified Transaction Cryptocurrency and is a privacy-centric proof-of-stake cryptocurrency that was forked from DASH. It focuses on community...
After the recent run up to and over 2$, PIVX calmed down but held well over 1$ in an overall red market. The PIVXUSD price formed two (or more) possible triangles, I expect a breakout upwards in the next one or two days.
More positive media attention from well known influencers and websites helped that many have their eyes on this gem.
Aee also my ideas on...