OAXBTC
openANX (OAX) New Uptrend... This Too Will Grow!openANX (OAXBTC), in which we are active (trade shared below), it is finally moving and gaining strength.
We have all the classic signals we normally look at but with the MACD being stronger than with most pairs... OAXBTC is set to continue to grow.
Here is the full trade from March 31st... As you can see by the date, Patience is key!
Thanks a lot for your support.
Namaste.
OAXBTC Falling Wedge| Weekly S/R| Swing High| Low Volume Evening Traders,
Today’s Analysis – OAXBTC- trading in a falling wedge structure holding weekly S/R, a break bullish will see continuation.
Points to consider,
- Bullish chart formation
- Weekly S/R Support confluence
- Swing high immediate target
- RSI diverting
- Volume declining
OAXBTC is trading in a falling wedge pattern that has a higher probability of breaking bullish. Price is approaching its apex, signalling a break imminent in the immediate term.
The weekly S/R is holding true confirming an S/R Flip retest. This level has multiple technical confluence, the 200 DMA & DEMA with the .50 Fibonacci – proving to be a strong trade location.
Activation of the falling wedge will make the immediate target swing high, breaking this level will confirm trend continuation.
The RSI is currently diverting, a reclaim above the 50 mid-point is an early indication of price breaking.
The volume profile is declining, common in patterns as price finds its equilibrium. An influx will signal price breaking leading to an expansion.
Overall, in my opinion, OAXBTC is likely to hold weekly S/R allowing for a long trade with defined risk. Price action is to be used upon discretion| management of the trade.
What are your thoughts?
Thank you for following my work!
And remember,
“You create your own game in your mind based on your beliefs, intents, perception and rules.”
― Mark Douglas
OAX/BTC (Retest 200D MA?)OAX/BTC
-after the price pump, almost 900 sat
-the coin already retraced -30%
-I have highlighted the chart where potential buying entry
-this area of support also coincides with the 200D MA
-I suggest entering a bounce trade idea only reversal sign is seen
-the upside bounce target is up to 700 sat
-btw if the price pierced below 618 fibs, avoid it and reassess
LONG - OAX - Trading OpportunityBINANCE:OAXBTC has started the uptrend once again, after a perfect retest of the kijun, the volume that came in a couple of days ago, along with the just formed bullish divergence, it's just a matter of time before we get back to previous highs and even further.
Entry: 0.00000456
Target 1: 0.00000492
Target 2: 0.00000543
SL: 0.00000436
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openANX Shows Increasing Volume (Full 500%+ Trade Inside)openANX (OAXBTC) has been showing increasing volume and now a higher low is in.
We have a trade that is active and within our "buy-in" range, meaning that it is good to jump in.
Full trade | Mar 31 | openANX Trade Signal (OAXBTC | 514%)
Additional details can be found on the chart.
Remember to hit LIKE to help us do more.
Namaste.
openANX Trade Signal [OAXBTC](514%) openANX is also on our list and we can see all gains removed in the last drop.
A new low also hit and we have increasing volume on the bounce...
Below you can find the trade details.
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Trade: openANX | OAXBTC
BUY: 0.00000440 - 0.00000540
TARGET:
1) 0.00000655
2) 0.00000810
3) 0.00000955
4) 0.00001200
5) 0.00001450
6) 0.00001850
7) 0.00002150
8) 0.00002550
9) 0.00003200
POTENTIAL PROFITS: 514%
(Price at writing 0.00000521)
STOP: Close weekly below 0.00000400.
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This is not financial advice.
Feel free to leave a comment if you have any questions.
Thanks a lot for your continued support.
Namaste.