OXTLong
OXT consolidation before breakout
Updated
OXT has been consolidation during the second part of October and found support on technical area, Daily MM100 and Weekly MM20.
Im expecting a bounce from here which would take another few days to develop with a slow increase before a potential pop targeting 80ct.
The signal for a return of the bull would be given by MACD Daily turning green or a break above the 50ct.
As long as we are above 34ct my plan is not changing and i still see it as buying opportunity on mid term time frame
Im expecting a bounce from here which would take another few days to develop with a slow increase before a potential pop targeting 80ct.
The signal for a return of the bull would be given by MACD Daily turning green or a break above the 50ct.
As long as we are above 34ct my plan is not changing and i still see it as buying opportunity on mid term time frame
Note
Annd booom.. +50% today, Im expecting the resistances area starting at 78ct to be tested, which is the 1st target to take some profit. I hope some are enjoying this ride
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