Long
OAX USDT eyes on the breakout with volume

Our bots detection triggered for OAX.
Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).
We can buy the breakout retest.
Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area.
Take-Profits: on chart
Stop-Losses: according to your risk tolerance to any line below entry price
REMEMBER: set Stop-Loss at Break-Even when u are in profit FOR a ZERO risk trade
Did you like our analysis? Leave a comment, like, boost and follow to get more
DO NOT FORGET TO TAKE A LOOK @ MY OTHER CHARTS.
Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).
We can buy the breakout retest.
Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area.
Take-Profits: on chart
Stop-Losses: according to your risk tolerance to any line below entry price
REMEMBER: set Stop-Loss at Break-Even when u are in profit FOR a ZERO risk trade
Did you like our analysis? Leave a comment, like, boost and follow to get more
DO NOT FORGET TO TAKE A LOOK @ MY OTHER CHARTS.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.