What do you think of the current position of PIVX? It looks to me that a 4th triangle might occur for a nice 30%+ profit. It could become far greater profit if the resistance breaks. However, upon releasing this analysis, it could still break out of the triangle at the bottom, which would mean it goes down more.
Keeping the TA simple but the geometry for a bull pennant lies there, will PIVX be taken to new heights against bitcoin or is that a rejection we see with a bearish pennant forming a funnel now?!? Given the buying pressure seen withing the bullish bursts I wouldn't expect so but only time will tell.