As PIVX is a good coin and has great targets upcoming, after observing Bitcoin Dominance, Price Action, Elliot Waves & ICHIMOKU and considering money management, we can step in with a potion of our money as Mid-Term investment.
Trying to break from the horizontal channel on a double bottom pattern..
If breaks (with retest) it may be a good opportunity to aim for a higher level...
RSI about to enter Overbought levels (bullish)
UCTS Buy signal active on the 8H (6% up already)
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...
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
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#Pair : #PIVX / #BTC
#MainExchanges : #Binance #Bittrex
- PIVX has been in a downtrend move since April and in a consolidation move for some time since May after it tried to reverse even though it couldn't show a good move.
- The price is currently above the EMA but is trying to be going down below the candle stick for...
PIVX (PIVXBTC) is showing a strong increase in volume after hitting a low on the 14th of May.
The MACD is showing long term bullish divergence and the entire cryptocurrency market has been moving up.
Now trading above EMA10, PIVX is getting ready to move.
Remember, conditions can change, the charts change on a daily basis and that is why we aim for our targets...