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.
OXTUSD
OXT BottomI'm currently speculating on the OXT bottom and if history is an indication, it usually bottoms out somewhere around 19 cents. Could we see lower? As you all may know, anything is possible, but i believe that if you stick to the 19 cent range, you can't go wrong. I think we can totally see this price again especially because BTC has a lot to go before it reaches, at least what i consider a good price to find support (30K).
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!
Great long setup on OXTOXTUSDT is currently trading at great support and has been in this rising wedge for the last couple of months. It looks to be a solid entry point with nice return potential if support holds.
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!
Daily Crypto Market Update - batusd oxtusd & many more!In this video:
* I provide an update for basic attention token, orchid, and many more
* I browse through the charts in attempts to determine the overall market sentiment in the crypto space
* We discuss Bitcoin and what it means for the rest of the market
* Overall, I am still extremely bullish for the next few weeks/months
* Black Friday Special still on:
OXT Bulllish setupOXT has been consolidating since touching resistance area around 80ct.
Now that prices have came back close to the Daily MM100, i would see current price action as buy opportunity between current price and 43.5ct.
Once the MACD Daily will turn green this should confirm the plan to go for 80ct first, then above i would be looking at 1.35$ / 1.70$ and 2.20$.
Same as GTC, REQ or ANKR i could have an impulsive move up, better be in before it happen.
Daily Crypto Market Update - Showing Bullish Signs Again - OXTIn this video:
A discussion of the overall crypto market sentiment
A discussion of future price action
A look at the altcoins market
Is sentiment beginning to turn bullish again?
Orchid OXTUSD charted with levels for paid subscribers at substack
OXT 1HR - PUMPING BUT RSI HIGHOXT is doing very well but RSI on the 1H, 4H are very high. Possible cool down before a potential next leg up (similar to the last pattern).
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
OXT consolidation before breakoutOXT has been consolidation during the second part of October and found support on technical area, Daily MM100 and Weekly MM20.
Im expecting a bounce from here which would take another few days to develop with a slow increase before a potential pop targeting 80ct.
The signal for a return of the bull would be given by MACD Daily turning green or a break above the 50ct.
As long as we are above 34ct my plan is not changing and i still see it as buying opportunity on mid term time frame