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The Clock Is Ticking For PIVX To Break Another Triangle Soon

The Clock Is Ticking For PIVX To Break Another Triangle Soon

 

Hi friends hope you are well, and welcome to the new update on PIVX.

On a weekly time frame chart, PIVX has broken out a bearish pennant and now it is struggling to break the next resistance of $0.17. This level of resistance has previously been working as support and resistance as well.

On a daily time frame, PIVX has formed a descending triangle and reached the end of the triangle. The movement of PIVX is getting squeezed, therefore, at any time soon it can break this triangle.

For a detailed analysis, you can also watch the video.

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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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