Technical 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 33. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00016740 to 0.00014440). if so, traders can set orders based on...
Technical analysis: . PIVX/BITCOIN 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 52. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of...
Technical analysis: . PIVX/BITCOIN is in a downtrend 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 40. . The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . There is a...
Technical analysis: . PIVX/BITCOIN is in a downtrend 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 31. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased. . There is a valid and clear divergence...
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...
Nothing Much to explain. Charts Says All!. Good Luck !
makes a cup and Handle pattern and looking at the trend the cycle is going to go down again