I have been watching the PIVX/BTC for few weeks. This is the fourth time in 2 weeks it is trying to break the upper line of the symmetrical triangle, and also poke the H&S neck's line.
The 1D golden crossed happened already so we are able to believe that the breakout is in coming. RSI gonna break resistance also.
Trading strategy:
- on 4H chart, RSI is near overbought, stoch overbought already so the correct gonna happen.
- wait for the correct and buy near the support line of the ascending triangle
- be patience for this trade is what I found after watching the price.
Target
- stoploss: below red line (<5400 imo)
- target 1: 64000
- target 2: 66000
- target 3: 70000
- target 4: 78000
Happy tradding!
Linh,
交易進行:
3 target reached in one day, what a beautiful!
Target 1 - 2 - 3 reached, peak now is 74077.
Target 1 - 2 - 3 reached, peak now is 74077.
交易結束：目標達成:
Reversal to resistance stoploss line after reached 3 targets (in 3 days). Thanks!