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 Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00016740) Ending of entry zone (0.00014440)
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= @ 0.00019500 TP2= @ 0.00021400 TP3= @ 0.00025600 TP4= @ 0.00029000 TP5= @ 0.00033200 TP6= @ 0.00039400 TP7= @ 0.00045650 TP8= @ 0.00054480 TP9= @ 0.00065700 TP10= Free