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!
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