PIVX - Cup & Handle Formation. - Price analysis 3/12/17.
PIVX Is forming a cup & handle formation which is indicating a potential bullish trend , I would suspect that the price will consolidate at its current price for a couple of days until it punches through the resistances shown on the graph. However, we could break through the support which could send the value back down again, fortunately, I think we are more on the bullish trend and this is the less likely event to occur.Â
- Orange - Resistance.Â
- Pink - Support.Â
