PIVX: Cup & Handle Complete..Awaiting Confirmation
SUMMARY
The below is the chart of PIVX and what's first noticeable is the Cup & Handle pattern. The handle is nearly complete, if not already, and so the confirmation would have price breach the upper blue trend line of the flag. The red ABC was an expanded flat type and the C wave marked the bottom.
The higher degree of pattern shows a larger saucer shape (white arrow). The blue cup & handle is embedded within this larger pattern. This is another way of short term jiving with the longer term. The MACD remains within the contracting blue lines and soon it should break out. Exactly when will this breakout happen? I don't know but price, pattern, Elliott Waves and Indicator point to the same expectation.
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looks like BTC pretty much, all those cup and handle doubter could take few hints in advance from PIVX, so you know BTC to follow the same.
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Im expecting the price to rise to 6 and then fall again@haejin
What about the Steem price is that possible SBD go higher that steem Or not brother ?@haejin
SBD was created to remain about $1.00. I think STEEM will continue to outpace SBD. Here's my analysis of STEEM.
https://steemit.com/steem/@kevindixon/steem-btc-technical-analysis-may-14-2018
I upvoted your this post. You Check my Post and Hit Love
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XLM?
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Powerful writeup. Any thoughts on BNK?