. PIVX/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The is at 31.
. The downtrend & The price downtrend in the are broken, so the probability of the beginning of uptrend is increased.
. There is a valid and clear divergence in the price chart so the probability of the beginning of uptrend is increased.
. There is a possibility of temporary retracement to suggested (0.000278 to 0.000232). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000278)
Ending of entry zone (0.000232)
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
TP1= @ 0.000337
TP2= @ 0.000385
TP3= @ 0.000416
TP4= @ 0.000473
TP5= @ 0.000528
TP6= @ 0.000596
TP7= @ 0.000695
TP8= @ 0.000795
TP9= @ 0.000936
TP10= @ 0.001116