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OXTUSD

OXTUSD Orchid Hit 48 CENTS Resistance Exactly. Now Where To NextThe previous video explained the bullish behavior of OXT. Inside bullish triangle Consolidation phase nearing an end Testing huge resistance many times Etc. (see link to Related Ideas below) In this video, I analyse the greatest probability of where OXT goes next: Currently hitting our heads on resistance at 48 cents How strong is the 48 cent resistance line? Where did the 48 cents resistance come from? How did I develop it? What will OXTUSD do next? Greatest play scenariors.
COINBASE:OXTUSDShort
by stewdamus
14
OXTUSD Orchid Next Stop .6137Simple charting here friends. After we hit our last target of .48 cents , we now must begin looking for a re-entry. Personally, I have chosen to re-enter most of my trading funds on OXT at .44 cents. That being said, there are two levels below me that are still a target-down possibility. The first one exists at .4272 and is, of course, more likely to be touched. The second is down at .4073. This is a more aggressive re-entry. I would not place my bets on anything below these two. Obviously, it is possible. It is just not a good bet at this point, IMO, because this market has turned very bullish once again. Once we have re-entered, where can we expect to go? Well, my thoughts are that we'll likely break above our 200-day moving average (RED LINE ABOVE). Past resistance will become future support. At this point, our target will become that PURPLE down-trending line. As with the 200-day, we may hit our heads on this resistance another time or two. You can see, we've already done this once (yesterday). But, the 200-day will be coming up under us at this point and provide valuable support. This will help us to break out and above the PURPLE down-trend resistance, which will now become support. At this point, it is clear sailing. Though we may hesitate after the breakout and come back down to test our PURPLE support, at some point we will take off, rather rapidly, to target our .6137 mark. I will be setting my limit orders for various price points around this area. All the best traders!
COINBASE:OXTUSDLong
by stewdamus
OXTUSD Orchid Next Stop 200 Day MA .47 Cents!Really quite simple. OXTUSD currently trending up. About to break above major accumulation area (currently resistance) that is ranging on the 4hr chart between .3637 (purple line) and .3773 (black line). Past resistance will become future support. But once we break this resistance area , I believe we'll go to the 200 day moving average pretty quickly (like within hours). The 200 day ma currently is priced at .4743. I would suggest a good range to target with this next surge would be anywhere from .46-.48 cents. Once hit, we will probably come back down again. Maybe all the way back down to the .3773 support. Looks like some good trading ahead friends. Have fun with this. As always, I wish you all the best.
COINBASE:OXTUSDLong
by stewdamus
AT CryptoScan: OXTUSD - the flower amongst the thornsI don't know if many actually noticed this, but I did... and I think we are sitting on an explosive diamond that is yet to be polished. Orchid, the OXTUSD, has very interesting technicals that tell an interesting story, at least to me. You see, the VDC5 (Volume DChann 5) indicator that I created, tracks the velocity of change of the volume 5 moving average. This is an arbitary indicator that has not yet been correlated with the rate of change in price, but is good enough to see underlying trends IMHO. Since OXTUSD chart is pretty new, we look at the 4H chart... Note that previous spikes which turn into significant trend, is accompanied by VDC5 spikes, and major uptrends follow. These VDC5 spikes were previously 2-3X from average, but the recent spike is about 10X! Something is up with OXT, and I think it is already warning of a massive take off in months to come!
BINANCE:OXTUSDLong
by Auguraltrader
1
OXTUSDT Has Broken Above the Resistance Welcome back Traders, Investors, and Community! OXTUSDT on D TF, has broken above the major resistance and also got out the triangle. ⬆️Buy now or Buy at 0.2588 ⭕️SL @ 0.1872 ✅TP1 @ 0.3582 ✅TP2 @ 0.4831 ✅TP3 @ 0.6741 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals