Orchid
OXT/USDT Gearing up for the Next Bull Run? 👀🚀OXT Analysis💎 Paradisers, focus your attention on OXTUSDT, as it exhibits notable market dynamics. The asset is signaling a potential bullish trend from an essential support level.
💎 Recently, Orchid faced a challenge at the $0.1135 resistance mark. If OXT can maintain stability at the key support level of $0.0794, there's a possibility we could see a continuation of its bullish trend.
💎This positive prospect is reinforced by OXT's strong showing above the EMA, indicating a likelihood of ongoing upward movement from this level of support.
💎 On the other hand, should OXT find it challenging to hold its position at the $0.0794 support, it may be time to consider an alternative approach. In such a case, we might need to anticipate a downward movement beginning from a lower demand zone. A significant point to watch is if OXT falls below this support level, as it could signal a shift to a bearish trend.
💎 Stay vigilant and proactive, Paradisers. Your ParadiseTeam is dedicated to providing you with the crucial insights needed to navigate these market trends, ensuring your trading choices are both informed and tactically sound.
OXT/USDT Had a Good Run | What's Next for OXT?💎 Paradisers, focus your attention on OXTUSDT, as it exhibits notable market dynamics. The asset is signaling a potential bullish trend from an essential support level.
💎 Recently, Orchid faced a challenge at the $0.1135 resistance mark. If OXT can maintain stability at the key support level of $0.0794, there's a possibility we could see a continuation of its bullish trend.
💎This positive prospect is reinforced by OXT's strong showing above the EMA, indicating a likelihood of ongoing upward movement from this level of support.
💎 On the other hand, should OXT find it challenging to hold its position at the $0.0794 support, it may be time to consider an alternative approach. In such a case, we might need to anticipate a downward movement beginning from a lower demand zone. A significant point to watch is if OXT falls below this support level, as it could signal a shift to a bearish trend.
💎 Stay vigilant and proactive, Paradisers. Your ParadiseTeam is dedicated to providing you with the crucial insights needed to navigate these market trends, ensuring your trading choices are both informed and tactically sound.
OXT Might be Preparing For a Possible Correction| 💎 OXT/USDT seems poised for a potential pullback, with indicators pointing towards diminishing strength and a likely descent.
💎 The first engagement with the OB will be pivotal. Should a rejection manifest, it could indicate a liquidity drain, suggesting a shift to tackle the Bullish Order Block and a possible bearish progression.
💎 Conversely, the price might find resilience at the prior order block, steering its trajectory northward.
💎 In the ever-evolving crypto realm, knowledge and adaptability remain paramount. Keep an ear to the ground for further insights and relish your trading voyage.
✳️ Orchid Double | Recovery & Bitcoin Correction ConfirmationThe same pattern we just reviewed on the 1INCHBTC chart is present here as well.
OXTBTC prints a lower low but produces no volume.
This lower low is an attempt by the market to look for liquidity before moving up strong.
As OXTBTC moves to recover, BTCUSD moves to retrace.
The next confirmation comes from Stratis (STRAXBTC) whom already went ahead.
What one does, the rest follows... I did mention that the Altcoins vs Bitcoin pairs will have their turn, this is now becoming truth.
Namaste.
OXTBTC - Wedge Ranging for a While. Profits to be had!We can see the price of Orchid has tested it's strong downward trend line on multiple occasions historically, and has been rejected on every attempt.
In reality there's only a couple of months left until this final section of the wedge formation OXT seems to be trapped in finally closes up and the price would then have to find a new natural trend.
This can mean limited profits from lots of markets, but here we're seeing a very healthy 20-30% per swing from top to bottom of wedge, this is huge and you should expect some very healthy and quite predictable profits from this.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
✳️ Orchid vs Bitcoin Is Ready To Grow (Easy 110%)Another pair that is looking good and we even shared a trade for it yesterday is OXTBTC.
Today it moved above EMA100 for the first time since September 2022, it has been battling with this level for many months.
Moving above it is a major bullish development.
The RSI is super strong, the same long-term higher low and there is plenty of room for growth.
Another one... Stay tuned because there is more.
Thanks for your support, it is appreciated.
Namaste.
P.S. The target mapped on the chart is just the easy target, the potential is much higher as usual in the long-term. Please keep this in mind always when reading my charts.
OXTUSD - Reached Pinch Point in Descending Triangle & Broken OutFollowing on from an extended descending triangle (with a few good trades within!) we seem to have now reached a certain pinch point. From here the price has not only broken out the top edge of this aforementioned triangle, but we've received a Buy signal from our Crypto Tipster indicator; all good signs that a rise could be iminent!
Given the general bullish-ness of the whole crypto-sphere currently, another 10% gain on Orchid would not seem to unreasonable and take us up to the next level of resistance at around $0.085.
All in on OXT and here is why!Descending wedge with a measurement right to the top trend line Tracking the peaks. This is too perfect to be true. Can this happen during such an oversold market with FUD running rampant? Well, it wouldn't be the first time OXT took off out of no where to $1 leaving everyone on Coinbase with level 10 FOMO. While many people are speculating that BTC can see prices somewhere near 10 to 12k, there are pretty valid arguments that have been made suggesting 20k is likely the bottom. Ironically enough, BTC is also showing the same type of descending wedge on its daily chart. If BTC goes up, it would further incentivize OXT to take off with the upmost aggression.
I will also mention that at the current prices, we could be seeing a perfect level to make massive gains in the months to come. The market will turn tides and when that does, OXT will almost certainly plow through into, what i predict to be around .50 cents mid term and .80 cents to $1 long term.
OXT bullish scenarioOXT at the moment is extremely oversold i believe that we can see a push upwards at any moment. Depth charts show that there isn’t much resistance in order to make it back to the .20 cent level minimum. At the moment, OXT is showing a bullishly biased ascending triangle and if we can break the trend line and close above, we could be in for a decent return to normal levels as seen in the last few years.
OXT Getting ready for LIFT OFF!OXT is an interesting coin in that the charts have always been a little easier to read than most others. OXT is currently in its low ends of the price spectrum, which means people are scooping up coins prepping for the next run up. OXT tends to shoot up out of no where and as you can see in the chart, it seems to pop up roughly every 8 months. If this cycle continues, we may be in for a serious pump here soon. Could we see a pump to .50 cents or could we see a pump to $1 as it has done already in the past? I have a feeling that soon, and by soon i mean in the next month or two, we may be a huge rally on OXT.
Orchid OXTUSD - Back into an area of interest for me. Traders,
I waited patiently. And now? OXT is finally back into an area in which I become interested again. Over the BLACK ascending trendline is definitely a bullish sign! Now, we do need to see confirmation on the daily. Today's candle should close above that black trendline and then I'd like to see another candle open and close above it tomorrow. But all in all, with the bullish price action I am seeing again in crypto world, I expect this to happen. So, here's what I'll look for:
#1 - We hit resistance at 30.8 cents. Now, I'd like to see a retreat.
#2 - A re-test of our previous resistance, now support, at around 28 cents.
#3 - A bounce from there and continued upward price trajectory.
My entry/re-entry area would be around that 28 cents support level. I'll wait patiently and, should I have some funds set aside, I'll enter there. If the price doesn't retreat to that level? I move on. Plenty of opportunities right now. Can hardly keep up!
Best of luck traders!
- Stewdam.us
Orchid (OXT) formed bullish Gartley for upto 32% moveHi friends hope you are well and welcome to the new trade setup of Orchid ( OXT ) with BTC pair.
Previously I shared a long-term trade setup for OXT , which is still in play:
Now on a short-term 4-hr time frame chart, OXT has formed a bullish harmonic Gartley pattern .
🆓Orchid (OXT) Feb-14 #OXT $OXT
$0.24 zone is the nearest support of OXT that we can buy in. However, if it loses this zone, we will wait to buy it back at $0.18
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.24$ zone
🔴Buy : 0.24
🔴Sell : 0.3 - 0.36 - 0.42
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.24$ zone
🔵Sell : 0.24
🔵Buy : 0.18
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Orchid (OXT) formed big Shark for huge more upto 187% rallyHi friends hope you are well and welcome to the new update on Orchid ( OXT ).
During the previous market crash, OXT formed a big bullish Shark which I shared as below:
Now during the current drop, OXT has formed another bullish Shark , on a weekly time frame.
Orchid (OXT) Geared Up After Leaving Another ChannelHi friends hope you are well and welcome to the new update on Orchid ( OXT ).
Broke out channel:
On a daily time frame, since 10th Nov 2021, the priceline of OXT was moving in a down channel. Finally on 16th Dec it has broken out the channel. Now there are two major resistance levels, 1st is at $0.5750 and the second is at $0.7260. We can also set these levels as our sell targets as well. There is also very strong support at $0.3650, which can be used as a stop loss.
Broadening wedge and weekly oscilltor:
On weekly chart, OXT has formed a broadening wedge formation and now getting bounced by the support. The stochastic oscillator is also getting out from the oversold zone. This time there is a high probability that the OXT we again set another higher high.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Market Update - A few of my favorite altcoins - Primed & Pumped!In this video:
* I review the overall market picture
* I review a few of the altcoins that I have cherry picked out of the many which appear to be vastly oversold, vastly undervalued, and/or have beautiful setups for entry
Best of luck traders!
Stay safe out there.
And Merry Christmas!
Daily Update - Bullish Divergence Spotted! Jasmy Shiba ADA OXTIn this video:
* I review the indexes and corresponding price action
* For the first time in weeks, I have gone from neutral to slightly bearish to bullish in the crypto space
* For cryptos, our time living down in this bearish space is drawing quickly to an end
* I have spotted major bullish divergence on many of our charts
* We will pop soon, possibly this weekend, but I anticipate no longer than 10 days
* The next bull cycle in the altcoin space will be huge. Most will not have ever seen it coming.
* Get ready!