PIVX retraced back to the accumulation zone and gave us another opportunity to make some nice profits!
In the chart above:
- there is a breakout in the upper side of triangle
- a possible ABCD pattern available ( AB=CD)
- RSI is looking bullish
- Triple R: the risk ratio reward is 4.59 which is a great opportunity
Risk Ratio Reward:
TRADE: PIVX/BTC
Buy: 1900-1950
Targets:
- 2266
- 2400
- 2533
- 2949 ( additional target)
Stop Loss: below 1794
Disclaimer :
My posts are never financial/invest advice! For a favorable outcome, make your own research! Never invest more than what you can afford to lose. Don't forget, it's all about positive thinking and patience!
Feel free to share your thoughts on the comment section below.