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PIVX breaking out of Channel?
STUCK IN THE CHANNEL:
PIVX is showing the urge to break out of it's long time channel and go exponential.
If we manage to hold a breakout of this long time price range that connects the price highs and lows since March, then we should see a rapid and sharp rocketing of price.
If we don't manage to breakout, then we should stay channel bound, and head back down to 4.00, but still in a bullish trend overall.
Long on a breakout of the channel above 7.00
or
Long after a pullback within the channel around 4.00 to play the range.
Support my Analysis, Thanks!
PIVX is showing the urge to break out of it's long time channel and go exponential.
If we manage to hold a breakout of this long time price range that connects the price highs and lows since March, then we should see a rapid and sharp rocketing of price.
If we don't manage to breakout, then we should stay channel bound, and head back down to 4.00, but still in a bullish trend overall.
Long on a breakout of the channel above 7.00
or
Long after a pullback within the channel around 4.00 to play the range.
Support my Analysis, Thanks!
Support me with these referral links:
Sign up to TradingView charts:
tradingview.go2cloud.org/SHxi
Sign up for TastyWorks - The Broker of the Future:
start.tastyworks.com/
Twitter:
@BerlinTrader591
Sign up to TradingView charts:
tradingview.go2cloud.org/SHxi
Sign up for TastyWorks - The Broker of the Future:
start.tastyworks.com/
Twitter:
@BerlinTrader591
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Support me with these referral links:
Sign up to TradingView charts:
tradingview.go2cloud.org/SHxi
Sign up for TastyWorks - The Broker of the Future:
start.tastyworks.com/
Twitter:
@BerlinTrader591
Sign up to TradingView charts:
tradingview.go2cloud.org/SHxi
Sign up for TastyWorks - The Broker of the Future:
start.tastyworks.com/
Twitter:
@BerlinTrader591
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.