OXTUSD
OXTUSDPossible end of the accumulation.
It seems orchid has completed the accumulation period.
There is a clear ABCDE accumulation pattern, which concluded the wave E with a hammer candle, something that often happens in waves E.
I am saying "it seems" because orchid has previously given many reversal clues, which ended up with a fast 20-30% pump, and a daily closure with a 2-3% gain, back to square 1. All these fakeouts make it hard, but the chart looks nice and this could eventually be the start of bull season.
If it breaks out of the triangle it might go high.
Still this is just a supposition and for educational purpose only. Do your own research before trading/investing.
OXT bullish falling wedge?!? Downtrend reversal imminent?!?All info is on the chart! OXT looks prime for a breakout of a long term falling wedge! Daily RSI is oversold. There are RSI divergences on daily, 12hr, and 4 hr chart. Selling volume is decreasing and oscillation is dropping. It is near the .382 fib retracement level and nearing old support. Doji candles near the convergence of the falling wedge signaling a possible trend reversal. Price is moving more and more sideways, and less down. More signs of a trend reversal than I have ever witnessed on one chart. LOL... The only signal missing is a breakout of the wedge with volume! Good day traders, and happy trading to you! :)
-This is not financial advice, and I am not a financial advisor!
Whale manipulation The only OXT traders are whales.The volume looks fake. I'd stay far away. There is a lot of odd behavior going on. The price will stagnate for days and every pump is just sold off. The only thing keep it up is 1-2 whales. If BTC did poorly, I wouldn't be surprised if we saw .10-.12 again. I'm not sure how OXT has manage to slowly go up while also looking like it's being sold off. Are whale's accumulating or is no one trading this coin?
Remember that in Q2 of 2018, 85 million tokens were bought for $.50 each.
OXT, COINBASE, You're time is near my good friendWhat up financial amigos!!! Not sure why I have such an infatuation with this coin, must remind me of that bitchy girl I liked in high school. But, as they say, every dog has it's day, and honestly, when this picks up I can see it being worth mucho mucho. Especially if/when binnance and other pick it up. Gemini now allows custody for it, which is great sign of things to come.
As we've seen over and over, almost every coin has it's pump time, and we've seen recent large pumps on many others in the last 1-2 weeks, but not this one. Rather, it's been slowly and steadily building higher, which is unusual in this particular coin-but also a good sign I think. Other indicators look nice, 4 hour just closed above hard resistance. Volume picking up, at least enough to knock the current large holders from their regular nonsense dumping games, temporarily I imagine. Long story short - looking for a pump soon, or preferably before this coin turns me totally gray or fast enough so I can get back to work and stop looking at these graphs.
Be honest, can't you see yourself scrolling thorough the prices within next 24 hours, seeing OXT +25% and going, "shit yea, I should have bought that! It was time."
Well I do.
On a side note, Told you all in prior posts (and I really do hate braggers, not trying to), but I called the bottom in 2019 (within 2 days btw), called the massive BTC pump in late Oct when all the experts were predicting doom and sub 3K. Death cross oooo nooo, golden crosss ooo yea - it's all nonsense really, sentiment moves markets, and lots of money/whales of course. Whales have plans set for months/years/even decades that either create these types of crosses or manipulate the emotions resulting from them.
In last post, I called for BTC to run big at start of this year...and once again, Calling it, it's finally time for BITCOIN and all the other major coins to run, and run big they shall. Might see a quick dump at some point in near future (1 day - 2 months) down to 8500, but I would say odds are more likely to see 30K before 5K or even sub 8.5K (in my humble opinion)
Who would have thought a massive virus would put a stop on this (current phase) of wallstreet greed and unhealthy profit building...this guy.
Strap in ladies and gents, its finally time for us moon boiiisss to get our lambos (or Mercedes GLK AMG blacked out).
OXST/USD(idea 1), Bullish Gartley, about 60% potentialCurrently trying to bounce at the 0.786 and has formed bullish garltey which would give us the target of about a 60% move from current price. However, it is currently in a symmetrical triangle which could break down which would lead to further retrace. So watch the way this symmetrical triangle breaks.
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
OXT/USD, DESCENDING TRIANGLE, TOO RISKYIt seems to be forming harmonics inside this descending triangle but I would not really expect this leg up to play out as most descending triangles break to the downside. However if someone is in a position already or this thing breaks to the upside, the red would be my target.
I AM NOT A FINANCIAL ADVISER, DO YOU OWN RESEARCH!
OXTUSD Coinbase, Am I glutton for punishment? Probably but F itWhat's up Financial Amigos! Happy Trading Day.
Regardless of this coin's long term use/price/staying power/whatever, looking like quick scalp is in play shortly, hopefully anyway. Price appears to have bottomed and retested .30 cent line (and other trends) several several several very boring times. If this isn't ripe for a bounce then I would be very surprised and probably have not read enough books on trading yet. Well maybe surprised isn't the right description for crypto market lol.
Based on personal experience and very complicated TA (aka gut feeling) this is a type of coin that I could see pumping hard. Plus, this coin tends, or has tended, to perform better when BTC lags. Volume is super low too, and I think all the sellers have given up.
On a side note, I don't think we see any significant BTC retrace in near term, that's what everyone is expecting and believe we have more room to move up before that happens. Such would also help to confirm long upwards bull market. THANKFULLY!!! About f'ing time.
GL trading and any comments (unless ur annoying) are welcomed.
PS:
BTC over next 3-5 months. Will publish more detailed graph when able to
15-17K
9-10K
13-15K
19K
17.5K
23.5K
27.5K
17.5K
33.5K
-Won't care too much anymore at this point. Fingers Crossed