Technical analysis by zainfaraan about Symbol PIVX: Buy recommendation (11/4/2025)

ConditionStatusComment ADX > 25✅49.7 — strong trend Higher High✅Structure confirmed Price above EMAs✅Strong upward move Volume expansion⚠️Check manually Entry signal✅Breakout candle close ExitTrail ATR or wait for LL ✅ 1. ADX Condition ADX = ~49.7 → ✅ Confirmed strong trend (Anything above 25 = strong; above 40 = very strong trend). → ✔ Condition met ✅ 2. Market Structure (Higher High Formation) The chart clearly shows: A Higher Low (HL) formed before the breakout. Price broke above the previous swing high, creating a Higher High (HH). → ✔ Condition met — the structure confirms bullish continuation.