![](https://steemitimages.com/DQmZgWqN8nQyJfw8CtzRqh9TqwT9iBnR9o28ipiTDopP88y/image.png)

If you're into PIVX, and like me are trading BTC for Altcoins. You might want to have a look at Pivex again today..... and my article from yesterday where I encourage a buy on Pivex as an encouraging long term hold:

https://steemit.com/mainsteemmedia/@beachbuminvestor/joining-in-the-panic-sell-maybe-you-should-consider-panic-selling-your-fiat-that-stuff-has-been-going-down-for-years

I know I called it yesterday (if you read this article). But for those of you familiar with Fibonacci retraction, this does appear to be profit taking after a parabolic rise. Even this long term holder has taken some profit after great nights on litecoin (LTC) and Pivex (PIVX).

I mention in the article above, rumours of Pivex's imminent release on Poloniex. In my opinion if you can secure more PIVX at just above 0.00063000, that's great long term buying.  Split your strategy in case of a panic sell and set buy orders for 0.00061500 & 0.0006000 (Rough figures, please do your technical's to maximise profit. I' just trying to give you a heads up about a possible buy opportunity. Please use your own judgement, but I really think we will see good long term psychological support at the 0.0006000 ratio.

Psychological supports and resistances are important to consider in any trading strategy. Check out my Ethereum tip where I discuss (quiet early I might add and if you got on this at the time I posted.... you're welcome. An excellent psychological support for the BTC-ETH trade.

https://steemit.com/news/@beachbuminvestor/breaking-trade-news-btc-eth-130-resistance-tested-will-we-ever-see-ethereum-this-cheap-again

Happy to help anyone who has no idea what I am talking about. 

Stay stoked frothers,

Fish (The Beach Bum Investor)