Pivx (PIVXBTC) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Pivx began a wave one advance in June 2016. The wave one finished on November 6, 2016, and the wave two correction ended on November 29, 2016. The wave three advance finished on April 16 this year, and the wave four correction ended on May 25. If this wave count is correct, Pivx should be heading next towards the April 16 peak in the wave five.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Pivx will takeout the April 16 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Pivx will drop below the May 25 low".
If you think Pivx is in a range, upvote this post and upvote the comment "Pivx will stay in a trading range between the May 25 low and the April 16 peak until October 5".
You can upvote the comment until 3 PM EST September 5 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.
Pivx will drop below the May 25 low (18 voters as of 3 PM EST September 5: ace108, simonjay, fitinfun, themovieplace, abh12345, dlina-v-metrah, cassidyandfranks, tzap90, c-c-c, ragnaros, digitalking, wallsnow, lig007, sweethoney, abay, spyfromthecold, mela, libert).
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Red day today!
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Pivx is strong.
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Pivx will stay in a trading range between the May 25 low and the April 16 peak until October 5 (28 voters as of 3 PM EST September 5: landofcrypto, soundmoney, gregory-f, twinner, jznsamuel, lydon.sipe, misalen, skririm, flemingfarm, steemit.nemesis, lucasgabd, starline, thatsweeneyguy, miniature-tiger, mirda, coolthings, twinner03, twinner05, twinner08, twinner13, twinner21, gunsmithing, allmonitors, andy23, carlosdaniel, ahinga, barcalogia, incrediblesnow).
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You won.
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Pivx will takeout the April 16 peak (7 voters as of 3 PM EST September 5: stephen.king989, kooshikoo, yefet, anetchen, eirik, mprgrmmr, me-do).
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I wondered when PIVX's waves would finally land it here. :) It has some good things coming down the pipe and I'm looking forward to it.
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New platform? Thanks for resteeming.
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Zerocoin protocol. No eta other than by the end of this year is their goal.
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This post has received a 12.5 % upvote from @boomerang thanks to: @twinner
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Pivx will takeout the April 16 peak
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