Excitement around OXTIts looking like we finally broke out a multi month descending wedge. Will we keep going up? I certainly don't have a crystal ball, but if the break-away plays out, we can see a good pump to about 10 cent levels followed by a continuation to higher levels. Lets see where it goes and how many people fear getting left behind. -- Lets have another FOMO event!
Orchidusd
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.