Orchid
Long

OXTUSD - BULLISH FORMATION - INVERSE H&S 14-3-2021

Updated
OXTUSD

Showing inverse head and shoulder pattern clearly on daily TF.

Expecting to broke ATH by next couple days

Reasons to be bullish
1) 2 days MACD flip green
2) Showing bullish pattern - H&S, currently in bullish falling wedge pattern
3) Above all MA on daily
4) RSI above 55
5) Greed index increase
6) Golden cross on 4 hours TF

Possible entry : USD 0.6-0.61

Exit target : USD 0.76, USD 0.8, USD 0.9


Note
OXTUSD breakout from the descending channel in 4 hours, breaking the resistance trendline, expecting huge movement of this coin in next few days. Overall price looking good.
Note
Reached 0.7 and 0.8, heading to 0.9 shortly
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