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Sep 1, 2017PIVX Market TA: 08.31.2017

PIVX buyers used a quiet overnight Wednesday early Thursday morning to accumulate with an early morning spiked Buy the signal to the start of a rally.

A nice runup from 61K to 84K or a potential gain of 23K per coin in 24 hours. This rally resembles one from June as we have shot past our peak on May 29. Buy volume is very strong suggesting a top of 100K. Sellers would be wise to pull their orders and take advantage of the strong buying at higher prices and use stop-loss orders (or Buys at a lower price) to lock in gains when the rally fades. Exciting end to the week!

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TA