Orchid Long-Term Chart (135% Potential Profits)Here I would like to call your attention to two different types of signals.
We have the reversal candlesticks in the form of Dojis, High Wave Candles, Hammers and Inverted Hammers, these are all marked purple.
We also have the test of "strong" support.
Each time the strong support level was tested a new bullish wave developed. (1 & 2).
Now (3), we have a Doji that bounced from this same support level and then another one.
This tell us that the potential is really good for another bullish wave.
How To Trade?
A close below the strong support level would be the stop-loss, this is how the trade fails.
Any trading above the red dash line and we are super bullish, aiming at 100%+.
That's it... Pretty simple, right?
If not just keep practicing, the more you practice the easier it becomes.
Namaste.
Orchi
Orchid (OXTBTC) Can Go Straight Up Above EMA100 w/ TargetsRight now OXTBTC, Orchid, is trading above EMA100 on the daily timeframe.
EMA100 is the blue line on the chart.
This is a strong resistance level that is now being challenged.
If OXTBTC closes above 0.00001247 (EMA100) today, we can expect higher prices as marked by the green arrows.
EMA50/10 (light blue area on the chart) works as support.
This is a strongly bullish chart setup.
The targets are marked on the chart.
Namaste.