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 but also have in place a stop-loss. Since everything is always possible, down or up, we prepare for both scenarios.
Here is the trade.
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PAIR: PIVX (PIVXBTC)
BUY: 0.0000870 – 0.0000950
TARGET:
(1) 0.0001040
(2) 0.0001240
(3) 0.0001540
(4) 0.0001770
(5) 0.0001900
PROFITS POTENTIAL: 112%
(Buy calculated at 0.0000895)
STOP: Close weekly below 0.0000710.
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Thanks a lot for reading.
Namaste.