Crypto Contest November 26: PIVX
PIVX (Binance: PIVXBTC) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, PIVX began a wave one advance on September 26. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 9, and the red wave two (blue sub-waves a-b-c) correction ended on October 26. If this wave count is correct, PIVX should be heading next towards the October 9 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
PIVX is a privacy focused decentralized open source cryptocurrency launched on Feb 1, 2016, under the name of Darknet (DNET) before it was professionally re-branded to PIVX. You can watch their latest AMA below.
(Sources: https://pivx.org/)How Will PIVX Trade?
PIVX (Binance: PIVXBTC) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices.
- PIVX will takeout the July 26 peak
- PIVX will drop below the September 26 low
- PIVX will stay in a trading range between the September 26 low and the July 26 peak until January 1
Answer the question at dpoll.xyz.