PIVX coin formed bullish Gartley for upto 42.5 move

By moon333 | moon333 | 8 May 2021


Hi dear friends, hope you are well and welcome to the new update on PIVX coin with Bitcoin pair.
On daily chart , the price action has formed final leg of bullish Gartley pattern. There is also 50 simple moving average below the buying zone.

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https://www.tradingview.com/chart/PIVXBTC/MrXIlurA-PIVX-coin-formed-bullish-Gartley-for-upto-42-5-move/ 

 

Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:

Buy between: 0.00003220 to 0.00002884 btc

Sell between: 0.00003484 to 0.00004119 btc

Stop loss:
The maximum extent of potential reversal zone to 0.00002884 btc can be used as stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 42.5% and a loss possibility is 11.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade

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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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