SUMMARY
The below is the chart of PIVX and what's first noticeable is the Cup & Handle pattern. The handle is nearly complete, if not already, and so the confirmation would have price breach the upper blue trend line of the flag. The red ABC was an expanded flat type and the C wave marked the bottom.
The higher degree of pattern shows a larger saucer shape (white arrow). The blue cup & handle is embedded within this larger pattern. This is another way of short term jiving with the longer term. The MACD remains within the contracting blue lines and soon it should break out. Exactly when will this breakout happen? I don't know but price, pattern, Elliott Waves and Indicator point to the same expectation.
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