#MidTermSignal
#Pair : #PIVX / #BTC
#MainExchanges : #Binance #Bittrex
#TechnicalAnalysis :
- 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[20] but is trying to be going down below the candle stick for now. MACD and RSI looking good too for a bullish run in upto the mid term.
-The RSI is at 39. And Volume showed a good momentum by the past 4 days with a huge volume spike on the daily chart.
Trading suggestion:
There is possibility of temporary retracement to suggested Buy zone between 560 sats and 610 sats, if so, traders can set orders based on Price Action and expect to reach short-term targets.
Fundamental analysis showing that #PIVX is having big news coming out in the near future. They Are Planning for a Next Generation Privacy Protocol. Also #PIVX Support for Trezor Device is in Test Mode Now Which Means Trezor Integration is Coming for #PIVX. Dandelion Protocol Integration is also a Feature which Makes Senders IP Address Virtually Untraceable.
.Beginning of entry zone : 550 sats sats
.Ending of entry zone : 600 sats
Entry signal tip:
It is on the buying zone for now and needs some good momentum of volume by the next candle stick created.
#TargetPrices
Target 1= 621 sats
Target 2 - 665 sats
Target 3 - 698 sats
Target 4 - 761 sats
Target 5 -824 sats
Target 6 - 913 sats
Target 7 - 955 sats
Target 8 - 1027 sats
Stop Loss : 490 sats
Risk : High
Capital Accumulation : 5%
@TogetherWeAccumulate
#Pair : #PIVX / #BTC
#MainExchanges : #Binance #Bittrex
#TechnicalAnalysis :
- 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[20] but is trying to be going down below the candle stick for now. MACD and RSI looking good too for a bullish run in upto the mid term.
-The RSI is at 39. And Volume showed a good momentum by the past 4 days with a huge volume spike on the daily chart.
Trading suggestion:
There is possibility of temporary retracement to suggested Buy zone between 560 sats and 610 sats, if so, traders can set orders based on Price Action and expect to reach short-term targets.
Fundamental analysis showing that #PIVX is having big news coming out in the near future. They Are Planning for a Next Generation Privacy Protocol. Also #PIVX Support for Trezor Device is in Test Mode Now Which Means Trezor Integration is Coming for #PIVX. Dandelion Protocol Integration is also a Feature which Makes Senders IP Address Virtually Untraceable.
.Beginning of entry zone : 550 sats sats
.Ending of entry zone : 600 sats
Entry signal tip:
It is on the buying zone for now and needs some good momentum of volume by the next candle stick created.
#TargetPrices
Target 1= 621 sats
Target 2 - 665 sats
Target 3 - 698 sats
Target 4 - 761 sats
Target 5 -824 sats
Target 6 - 913 sats
Target 7 - 955 sats
Target 8 - 1027 sats
Stop Loss : 490 sats
Risk : High
Capital Accumulation : 5%
@TogetherWeAccumulate
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.