Long
PIVX coin is waiting to pump ?
$BINANCE:PIVXUSD
Timeframe: Weekly
Resistance: 0.4717
Pattern: Cup and Handle
RSI: Overbought
Trade Idea: Long
Important Note: This is just my idea and always use proper risk management in any position you take.
Explanation:
The PIVX coin has formed a cup and handle pattern on the weekly timeframe.
The resistance level at 0.4717 is a key level to watch.
If the price breaks above this resistance level, it could signal a further bullish move.
The RSI indicator is currently in the overbought zone, which could indicate a short-term pullback.
However, the overall trend remains bullish, and a break above the resistance level could lead to a significant move upwards.
Disclaimer:
This is not financial advice. Always do your own research before making any investment decisions.
Timeframe: Weekly
Resistance: 0.4717
Pattern: Cup and Handle
RSI: Overbought
Trade Idea: Long
Important Note: This is just my idea and always use proper risk management in any position you take.
Explanation:
The PIVX coin has formed a cup and handle pattern on the weekly timeframe.
The resistance level at 0.4717 is a key level to watch.
If the price breaks above this resistance level, it could signal a further bullish move.
The RSI indicator is currently in the overbought zone, which could indicate a short-term pullback.
However, the overall trend remains bullish, and a break above the resistance level could lead to a significant move upwards.
Disclaimer:
This is not financial advice. Always do your own research before making any investment decisions.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.