PivX broke out, +50% since my recommendation (3 days ago)

in #bitcoin8 years ago (edited)

I recommended PivX three days ago, because the chart looked good. The price broke out within the last two days, showing a 50% increase. Looking at the chart, PivX was ripe for a breakout and run up back to old highs for quite a while. The price action follows positive news around the progress of the development team and the fact that PivX has until now missed the last upside correction of the privacy coins. I speculate that the price will continue to rise higher, first to the old highs and then eventually break through it.

Here the article where i recommended PivX three days ago
https://steemit.com/bitcoin/@vossi88/top-cryptos-getting-ready-to-fly

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Do you have a specific trading approach or do you only focus on fundamentals?

We can share our thoughts.

Please follow me and I will return the favor.

Regards
Nixeus

I take into consideration the fundamentals, but I especially look at the chart. The timing of my trades depend on the chart analysis to a great extend!

Great to hear. I almost always only focus on technicals. I dont believe in any indicator. The raw chart tells a wonderful story.

Great work ...Upvoting you..please upvote me so we can grow our channels..thanks..
https://steemit.com/introduceyourself/@talharai/my-first-week-steemit-you-made-me-to-give-my-all-day-to-you