PIVX: Cup & Handle Complete..Awaiting Confirmation

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·@haejin·
0.000 HBD
PIVX: Cup & Handle Complete..Awaiting Confirmation
<center>![](https://steemitimages.com/DQmWPk9pGawtxkJQ11KtjmsDaJ4Nnz84ggyRCdVJsq6f8TZ/image.png)</center>
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**SUMMARY**

The below is the chart of PIVX and what's first noticeable is the Cup & Handle pattern. The handle is nearly complete, if not already, and so the confirmation would have price breach the upper blue trend line of the flag. The red ABC was an expanded flat type and the C wave marked the bottom.

![](https://steemitimages.com/DQmVC6mgJFM4ty8wSeNRU4TUJZNBXysqZaEkTr2scgvkfMD/image.png)


The higher degree of pattern shows a larger saucer shape (white arrow). The blue cup & handle is embedded within this larger pattern. This is another way of short term jiving with the longer term. The MACD remains within the contracting blue lines and soon it should break out. Exactly when will this breakout happen? I don't know but price, pattern, Elliott Waves and Indicator point to the same expectation.
![](https://steemitimages.com/DQmRSa8wZ9EiFKdGH3R2DYYSNYfPjV3gR1HSpnkQpexfc6F/image.png)


**Legal Disclaimer**: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered 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. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes. </center>


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