PIVX Play outThis 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...
PIVXBTC
PIVX-BTC Long Trade PlanCommodity : 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% to 28%
Prospective Loss : 6%
RRR : SL to TP1 is 1.69, SL to TP2 is 2.37, SL to TP3 is 3.27 and SL to TP4 is 4.17
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Looking like a descending triangle.. but we are going up?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!
Daily Bullish Signal $PIVX #PIVX (27 Feb 2019)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
A trading opportunity to buy in PIVXBTCTechnical analysis:
. 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.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00015960 to 0.00011000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00015960)
Ending of entry zone (0.00011000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00018870
TP2= @ 0.00021400
TP3= @ 0.00025600
TP4= @ 0.00029550
TP5= @ 0.00033200
TP6= @ 0.00039400
TP7= @ 0.00045650
TP8= @ 0.00054480
TP9= @ 0.00065700
TP10= @ 0.00092300
TP11= Free
PIVX it might make another leg up! PIVX/BTCPIVX 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
Trade: PIVX/BTC
Buy: 1940-1970
Targets:
1. 2260
2. 2509
3. 2949( additional target)
Stop Loss: below 1794
Disclaimer :
My ideas are never financial/invest advice! For a favorable outcome, make your own research!
Don't forget it's all about patience and positive thinking!
Feel free to share your thoughts on the comment section below.
If you like my idea, push that like!
PIVX : 50% SHORT TERM profits Opportunity. - A Falling wedge pattern creation is almost done and waiting for a confirmation breakout above the upper resistance line.
- RSI seems to be comfortably in a good movement currently at around 55.
- Both 50EMA and 89EMA are trying to make their path on favor of the bulls and can be taken as confirmation for a breakout if they come below the price in the following 4H candle charts.
- Volume is trying to increase and needs some strength to help a confirmation of opening a long position.
Accumulation Area : 2021 sats - 2150 sats
Distribution Targets :
Target 1 : 2239 sats
Target 2 : 2374 sats
Target 3 : 2483 sats
Target 5 : 2592 sats
Target 6 : 2747 sats
Target 7 : 2945 sats
Stop Loss : A close below 1813 sats
**All targets are expected to be achieved upto in 30 - 35 days.
Remember to drop your LIKES and press the FOLLOW button if you are interested by our forecast and be free to DISLIKE the post or right your COMMENT if you not convinced by the forecast. Thank you for your time to read our posts anyways. With Regards.
Good Luck.
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Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
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Daily Bullish Signal $PIVX #PIVX (23 Jan 2019)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
PIVX$PIVX
-Ichi cloud looks amazing
-Retesting the break above the descending triangle
-Bollinger Bands are squeezing
We will see a big move very soon. I am getting a bag.
Pivx pivxbtc pump .618 fib level test with fractalcatcing a fractal in those pumps matters for buyback lower eyes on red box
PIVXPIVXBTC look at the next couple of days, if we stay at the level and start turning up - a good sign.
Is it Elliott Waves 12345 ? May it be, now we are at the good support level, and this formation is powerful by 1H these days. 38.20%Fibonacci.
Pivx ready to breakoutnice entry on this bullish pennant for pivx right now, time to pull the trigger!
PIVXBTC just about finished ABC correctionHi All
After PIVXBTC insane recent rise, IMO it has just about finished it's correction back to it's .618 fib and then ready for it's next leg up
PIVX Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line (I don't recommend you to sell in loss.)
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell when you get some profit. Good Luck!
Looks Good? Leave a like, share and tell me in comments if my trading advices are working for you.
Thanks for visiting.
PIVX approaching support... will the uptrend be compromised?
Following the previous idea, which you can find below, the reaction to the zPIV announcement indeed was positive and yesterday price has made another surge by 30% over the Bitcoin, reaching btc 0.0002488 high. PIVIX has been trending up as expected, although now the correctional phase has started.
Currently it is trading near 20k satoshis psychological support. It is also a strong technical support where two Fibonacci retracement levels are located. First is 23.2% retracement from the all-time low, and second is 78.6% Fibs from the 17 October low.
While it could be the starting point of the uptrend continuation, PIVX yet to confirm it, by rejecting current support area, that is located between 0.0002020 and 0.0001960. But, price might break below, that will suggest more downside pressure being put on the PIVX.
Next support is seen at 61.8% Fibs, that is 0.0001730. The key support is located at 78.6% Fibs that is btc 0.0001520. If price breaks below key support, the upside potential will be compromised while the long-term downtrend domination is likely to continue.
In short, current support (around 20k satoshis) will be the decision-making area. It is important to watch current price action as rejection of the support should have a very positive outcome on the price. On the other hand, daily break and close below the 0.0001964 level will imply the downside pressure on the PIVX/BTC.
Support:
1. 0.0002020
2. 0.0001965
3. 0.0001730
4. 0.0001530
Resistance:
1. 0.0002490
