PIVX buy on 2 part bull div after 85% pullback from ATH
2 part bull div on daily RSI shows us a buy opportunity on PIVX. PIVX is a good alt-coin, way down from ath just like the others. Several altcoins have set up like this right now so there are other buying opportunity on the crypto space.
Unlike other coins, PIVX has good fundementals: a devteam still making releases and active on github, and a good use case: PIVX fixes fungibility problems that bitcoin has. It is basically a competitor to XMR (Monero). XMR is one of the main altcoins and the only altcoin aside from BTC that is used regularly for real transactions because it is popular on the dark net markets. The dark net market is fickle and could easily switch to PIVX when the clear benefits of PIVX are seen.
Unlike other coins, PIVX has good fundementals: a devteam still making releases and active on github, and a good use case: PIVX fixes fungibility problems that bitcoin has. It is basically a competitor to XMR (Monero). XMR is one of the main altcoins and the only altcoin aside from BTC that is used regularly for real transactions because it is popular on the dark net markets. The dark net market is fickle and could easily switch to PIVX when the clear benefits of PIVX are seen.
Trade active:
Entry @ 0.0002708
Comment:
that daily close looks not so great. that wick
Comment:
We made the lower low against december of 2017. Going to hold onto this long for now though because 2 part bull div on daily MACD.
Comment:
downward momentum continues to slow as we get another bull div on pivx daily rsi and 3 part bull div forming on pivx daily macd
Comment:
this losing position is still open because no stop loss was set