There is a trading opportunity to buy in PIVX Bitcoin

14 jun 2018

Technical analysis:
. PIVX/BITCOIN is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 26.

Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000385 to 0.000337). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.000385)
Ending of entry zone (0.000337)

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 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= @ 0.000485
TP2= @ 0.000554
TP3= @ 0.000668
TP4= @ 0.000760
TP5= @ 0.000924
TP6= @ 0.001151
TP7= Free