PIVX is a promising privacy-based coin that is extremely undervalued imo.  Privacy coins will continue to grow in popularity, and PIVX has already done a lot of the groundwork to provide a functional and high performing option.  

First let's take a look at the bigger picture.  On the daily chart PIVX appears to be in the first impulse of a larger wave 3, of an even larger wave 3.  Wave 3's are usually quite strong, so this is like a crypto trading two-fer.
![](https://steemitimages.com/DQmQJKsg6YvXAMjpTEpRAG3jH32jVEiTqQVtsEjzimnH3tc/image.png)

Drilling down into the 4 hour--there has been a lot of selling over the last week on declining volume and it looks like the 2 wave correction is complete, or near completion.  MACD providing some further positive indication.  We are looking for an impulse upwards to buy in.  Should happen soon...
![](https://steemitimages.com/DQmVhmm6JVxwYJfSNMxTTKQUKJPtptSoQ95VhXXETdEtqjE/image.png)

Healthy trading and profitable investments,
The Freedom to Be

Legal Disclaimer: The information provided herein is for informational, or entertainment purposes only. I am not providing financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs, and only invest what you are willing to lose.

https://steemitimages.com/0x0/https://steemitimages.com/DQmSWrJHDu5vNo39LG38v3rrNY2KoKgDsjAYd7S7pWnME8i/U5dscbx2tror5iVFrLd4VgtygXniE16.gif

If you profit from this idea and would like to keep the charts coming, wallets are below:

BTC: 13mG7EsCBB3wK2pQnV4zXqXUXmnVtCbmS6
LTC: LTfKUD4g4zytwbLFsFCJyG6N55xu3mtZYJ
ETH: 0x800fe4a5a75af9034f4982c04bdd4b557dca0f3f
BCC/BCH: 1QmchfEizCkLLweNySkAJmBCJ6zEtfkBB