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OXT

OXT prepping to break out?Looks like OXT is forming a bullish triangle here and could be breaking out within the next few days(markets permitting). One thing I'm watching out for is BTC movement as it has started retrace a little and many speculate a correction, if it does a correction then alts will follow as usual. If BTC stands strong and consolidates for a bit I expect a decent pump from OXT as its one of the few alts that hasn't pumped in a while. If OXT breaks down I suspect it will retest the .21 area How are you guys feeling about the current state of OXT? thanks for stopping by!
COINBASE:OXTUSD
by PumptyMcDumpty
1
Strong resistance in THIS zone can it break out soon?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
COINBASE:OXTUSDLong
by CryptoRush_
1
Bullish pattern apparent can it break and resistances to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. *Follow me for the latest cryptocurrency analyses on my watchlist *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *Thank you to those who donated, I very much appreciate it.
COINBASE:OXTUSDLong
by CryptoRush_
Looking for THIS signal that can sustain the trend reversal*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
COINBASE:OXTUSD
by CryptoRush_
OXT/USD: Enough with this Malarkey, time to shine baby!What's going down financial amigos?! Happy Trading! As some of you may know, I am a real OXT slut. It's annoying with low activity per usual, along with obvious manipulation per very usual lol (IMO), but I do think we are very near to good size moon. Shooting for 40-50 cents within next 10 minutes to 3 days. Then retrace and blast off again to new ATH. I did a very bull favored forecast next to current graph for my own amusement and reference. People sleep on this coin a lot, and also hate on it lol, but it's a realistic use coin that's now on multiple large exchanges with "some" price history. not a lot but enough for cyrpto lol. Plus, it's also small market cap, so once it begins to roll it really moves fast, as evidenced over prior year and recent pumps. OXT seen very little action recently while whole market has been moving nicely. It's DUE for a moon (as much if not more due for a nice move than XRP and ETC anyway) We 'could' it drop a bit more. Maybe to .20 or .2187. But you know, I don't feel like waiting longer lol and the risk to reward ratio at this point is minimal. DYOR not financial advice etc. But when you make 10-30% after reading my post...please feel free to send me some donations lol. PS: BULL RUN is upon us you crazy cats that have been investing in alleged ponzi scheme! haha Well...only Ponzi I see around here is the entire traditional financial market(s). I hope COVID is gone soon and hate the human and financial suffering as a result...but you know what? ISN'T this a perfect case use for why BTC and crypto is the future?! Just one case use out of too many to list. PPS: you know the Bull run is upon us when: -CNBC analysts are buying it and admitting so publicly -CB creates debit card -Paypal/Square/Institutional investing blowing up -BTC halving and healthy correction/time period following prior bull run -Global economic and social circumstances -Prick Jamie Dimon finally debuted their stupid JP coin: we knew you loved crypto all along you smart douche -MOST IMPORTANLY: Yesterday, even my own dad asked me how much a BTC was with thought of investing...I know there's no personal reference on that but trust me when I tell you WOW! What a 180 from last year(s) "You better know what you're doing Brian-seems like nonsense to me!" Yea...well all the boomers can go back to buying into the massive shitstorm Amazon and "blue chips" are about to go thorough. GL trading everyone and thanks for always keeping the chat room entertaining. Ya'll helped with my sanity during a long bear run.
COINBASE:OXTUSDLong
by TheLuckyNoob
6
OXT ORCHID PROTOCOL LOOKING FOR A LONG ENTRY IN THIS AREA.Hello Traders, Welcome to my OXT Orchid Protocol chart and trade idea. Firstly I want to say that I like technology but am not a "hard core" techy that can code or has any experience in encryption etc etc so from a technical perspective I know what OXT claims it can do but I dont know if this tech is actually any good or not. If you ARE a techy please leave a comment to say why you think this tech is good or bad and we can have a discussion in the comments. I am looking at this chart purely from a technical perspective starting with Elliot Wave Theory, so here goes. This chart does not have much price history but price bottomed on 12/03/20 at $0.09666 which we will "assume" is the bottom. Since the bottom price looks to have made a PRIMARY wave 1 and wave 2 as drawn on the chart. I have also drawn the MINOR Elliot Waves inside the first PRIMARY wave 1. This would suggest price is currently inside a PRIMARY wave 3. Wave 3 is normally the most bullish wave. Wave 3 should contain 5 MINOR impulse waves. Using basic Elliot Wave theory this makes me think price is currently completing MINOR wave 4 and is about to start its MINOR wave 5 inside of the PRIMARY wave 3. I have marked the top of MINOR wave 1 in purple (EW FAIL PAST HERE). Price falling below this level with a few wicks is OK, but price falling below and hanging around under this level would look bearish and break the bullish market structure. Pay attention to this level. Putting EW theory to the side for the moment we can see the price has dropped around 75% in 55 days. Buy low sell high a 75% dip is enticing. PRIMARY wave 2 did a 40% retrace in 56 days, around the same time period of correction as this wave. This market is not perfectly symmetrical but basic logic would hint at a possible change in direction here. The daily 200 MA (in RED) is an important technical level. Traders will want to see the 200 MA respected as support for price. Price at this level does represent "value" as the price has not strayed too far from the mean. The daily RSI is also possibly about to print some bullish divergence. Price needs to hold this level for a few days and the bull div will be printed. The 4hr hour is showing some bullish divergence. So, the trade... 1. What do I want to see here that will confirm my long position intention? 2. What will look bad here invalidating my trade idea? 1. "IF" price comes down a bit more to the daily 200 MA (it does not have to, its not the law) I will want to see the Daily 200 MA act as an area of support. A few wicks below is OK, but I want to see the daily 200 MA act as support and I want to see price bouncing off that daily 200 MA. If price does hold that level and prints bullish divergence on the daily and 4hr this looks good and helps confirm the long trade. This says to me bulls defended a key area. So again, price holding this key level with bullish divergence is a yes, this will take a few days to happen, no rush. 2. "IF" price falls to the daily 200 MA and falls below and closes under the daily 200 MA this will not look so good. If the price then goes down even further and starts messing around under the purple EW fail line then price will be breaking the bullish market structure and it would suggest bulls have failed to defend a key area. The problem with this approach is markets are assholes. It actually wouldn't surprise me if the price did break the 200 MA and flirt with the EW fail line, just to look super bearish and dead. That is still a 10.5% drop from the current price though and would erase the bullish divergence that is forming on the daily RSI. I want to be patient and watch what happens to the price over the next few days. Its not about catching the exact bottom or entering a trade right now (with hope) and putting your stop just under the EW fail line. I would like to monitor this area for signs of momentum change and if confirmed flow with the direction. Targets, if this long idea works. This is such a deep retrace for a wave 4 that it makes wave 5 look almost silly and elongated. Maybe we are in an ABC correction (conspiracy shocker). $1.14 is an obvious area which is just under that resistance trend line and fib cluster which would be my first TP. The green box is a broad bullish target area. I have put 2 fib sets on this chart. Without much historical price data to go off I don't have as much confidence as I normally would in this particular fib method. A fib extension target is on the chart also. Rate my chart, leave a comment. If your rich donate. Remember, DYOR, compare and ask questions. Risk management.
COINBASE:OXTUSDLong
by WickHunter
2