. PIVX/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
. There is a...
Currently SHORT on PIVXETH until early April 2018. Taking a look at the 50 and 100-day Moving Averages (MA) we see PIVXETH has pushed growth in waves every 3-4 days. With each push the position is over-sold followed by the 50-day retracing itself back to the 100-day MA. I fully expect a short-term price drop to the 8000 Satoshi level where I will go LONG for...