OXTUSD
OXT Has Got It's Sights Set For An ATHOverview
- Overall OXT is expressing its bullish behavior and long-term could eventually hit an ATH. Let's start from the top!
Price Chart
- Daily chart with 20/50/200 MA's to help indicate future supports
- $0.78 is a critical resistance test and if broken could easily send OXT to $0.85. Break $0.85, $1 will be tested
- Symmetrical triangles are known to be bullish and that was the case here. We finally got the obvious breakout we were waiting for
- Could be forming an inverse head and shoulders that would send OXT to the moon, for this to occur we might see a short-term price drop (Or this shoulder already occurred in the highlighted 11 bars)
- IF ATH occurs, possible conservative new ATH's are marked
- Daily close above $0.75 and OXT is VERY BULLISH
- Volume is now over $100,000,000 :D
RSI
- Great structure in the RSI with plenty of more room to go, could hit yellow line when ATH is hit
- Starting to become overbought
- Has been bouncing off the red line nicely
- Notice before the last ATH occurred, the ascending trend line was touched three times before mooning, we are in the middle of bounce 3
MACD
- Signal line(blue) over MACD(orange) = rally time
- Momentum pattern 2 seems to be the same as momentum pattern 1. Makes me think we will see consolidation occur above $1 in the future
Extra INFO
Learn about OXT here: www.orchid.com
OXT VOLUME: coinmarketcap.com
OXTBTC Chart
- Text box explain most, overall break this symmetrical and some real magic could happen
If you enjoyed this analysis or learned something new, please LIKE this idea 👍
FOLLOW for important updates for this coin and helpful trading strategies 🏆
Would also like to know your thoughts! Remember this is not financial advice , however, it is an overview of what I am seeing in this coin's price action.
-Happy Trading
MoneyGrind
In which OXT drops to 36 cents before ascending to $1.25!
Longer term (weeks - 2 mos) I am bullish.
Shorter term (days - weeks) I am bearish.
Previous triangle pattern was annulled. Only one target hit. See link below under "Related Ideas"
BTC and ETH (our leaders) show further descent possibilities on their charts. Altcoins will exaggerate this price action.
I see many ALTS, if not most, touching the 200 day MA before further ascent.
36 cents is the shorter term target and a great price for re-entry.
Upside targets are: .65, .75, .90, 1.00, and $1.25
I wish you all the best traders. Follow this post as I update throughout.
OXT? More Like POT OF GOLDOverview
- Overall bullish symmetrical triangle forming and upcoming summit meetings(March 23-25) could have a bullish outcome on OXT price. Let's start from the top!
Price Chart
- 4hr time-frame with 20/50/200 MA's included to help indicate future supports
- Cloned the previous "W" formation and copied to current trend, looks similar
- Point on the symmetrical triangle ends where the summit meetings occur so this could have a bullish effect on OXT price
- Range when the meetings occur is highlighted on the chart
RSI
- Obvious declining structure with the potential to breakout
- Would like to see RSI value return to the ascending channel
Stoch
- Last time the value was at these levels price rose 50%
If you enjoyed this analysis or learned something new, please LIKE this idea 👍
FOLLOW for important updates for this coin and helpful trading strategies 🏆
Would also like to know your thoughts! Remember this is not financial advice , however, it is an overview of what I am seeing in this coin's price action.
-Happy Trading
MoneyGrind
Made this chart in December As the title says, I made this chart in december and have not touched since. This is a slow coin but follow those orange trendlines. The trend lines have been extremely accurate. The hot new kraze is NFTs, so I dont see this coin jumping any time soon. The only way this coin will jump is if Bitcoin rallies to 70K but you better be on the boat before then.
OXTUSD: 1D Looking bearish to meAs above...
As I previously published, OXTUSD has not lived up to the hype this bull market with NO ATH unlocked. It is on course for me into bearish territory on the 1D chart.
Would not be surprised to see 0.4 to 0.25 price range before a turn around again.
Good luck traders!
Breakout Watch For OXTOverview
- If $0.68 is broken we could see a breakout to $0.74 and could potentially break $0.74 if volume is present. Let's start from the top!
Price Chart
- Daily chart with 20/50/200 MA's to help indicate price movement and future supports
- OXT has been battling the top of the macro triangle for awhile and the bulls are trying to push through
- Break $0.68, $0.74 could come fast and higher if high volume is present
- Yellow line is an estimated move, not 100% what's going to happen
- As long as BTC stays strong and volume is present, OXT is looking primed for higher prices
- Close above the solid green trendline then $0.74 is more likely
RSI
- RSI has crossed the dotted green trendline but I would like to see it clearly cross before labeling OXT as very bullish.
- Strong, bullish RSI value
4-Hour Chart
- Overall great ascending structure in the RSI
1-Hour Chart
- Overall short-term selling could occur before going higher
Extra Info
- Learn about the Orchid here: www.orchid.com
- OXT VOLUME: coinmarketcap.com
- Take 5min to improve yourself as a trader by learning the ins-and-outs of trading triangles here: www.investopedia.com
If you enjoyed this analysis or learned something new, please LIKE this idea 👍
FOLLOW for important updates for this coin and helpful trading strategies 🏆
Would also like to know your thoughts! Remember this is not financial advice , however, it is an overview of what I am seeing in this coin's price action.
-Happy Trading
MoneyGrind
This Pattern Could Cause OXT To PUMPOverview
- Long-term OXT remains bullish as March has already been a great month for this project. Let's start from the top!
Price Chart
- Daily Chart for OXT with 20/50/200 MA's shown to help indicate future supports
- Still possible for OXT to be making a large inverse head-and-shoulders (Shown on chart, yellow)
- Could be testing the 20/50 MA's if BTC sees a pullback from its recent run
- Bullish as long as we stay in the triangle
RSI
- RSI is still healthy and would like to see it above the green dotted line soon. Why? Could be the resistance of a triangle in the RSI and if broken, could cause a breakout
Stoch
- Stoch value is high so not the best place you would like to put an entry unless other indicators are telling otherwise. Could see short-term selling before going higher
4-Hour Chart
1-Hour Chart
- I'm a big fan of the red trendline in the RSI, great entries to longs or swing trades. Dotted green marks potential sell if hit
Additional Info
- Learn about OXT here: www.orchid.com
- OXT Volume: coinmarketcap.com
- Expand your trading knowledge by understanding the Inverse Head & Shoulders pattern here: www.investopedia.com
If you enjoyed this analysis or learned something new, please LIKE this idea so more people can be aware of the possibilities of this coin.👍
Feel free to FOLLOW for for important updates for this coin and trading strategies.🏆
Would also like to know your thoughts! Remember this is not financial advice , however, it is an overview of what I am seeing in this coin's price action.
-Happy Trading
MoneyGrind
Two things in the world I am certain of1) OXT price discovery/will never see .30 cents in the next year or so
2) Massive cup and handle with a 2 year base.
3) Dumb money (I know I said 'two', but I had to include this one. If you know, you know)
Do your own due diligence. I am not a financial advisor.
HUGE Volume Coming Into OXTOverview
- Just had HUGE volume coming in! This keeps up the argument for a $1 will be even stronger. Let's start from the top!
Price Chart
- 4hr chart with price just recently breaking through the macro triangle's resistance line
- If price closes above the previous macro triangle resistance line, could see $0.74 soon
- Made a dotted green trendline on the highs. Break through this $1 will start becoming more realistic
- If we consolidated in this area for awhile may not be the bad thing.
- It's also possible we could be making a huge inverse head-and-shoulders pattern with the neckline around $0.74. If this plays out this could help OXT reach $1
RSI
- Wonderful bullish W that played out perfectly. Broke through the "Very Bullish" dotted green line so could be could possibly bounce to the upside to hit the solid green line
- Also possible we could be starting to show a declining RSI trend which could lead to temporarily lower prices
MACD
- MACD shows a strong positive green candle backed up with a now $122 million volume
- OXT Volume: coinmarketcap.com
Daily Chart
- Check out the text boxes for chart info!
If you enjoyed this analysis or learned something new, please LIKE this idea so more people can be aware of the possibilities of this coin.👍
Feel free to FOLLOW for for important updates for this coin and trading strategies.🏆
Would also like to know your thoughts! Remember this is not financial advice , however, it is an overview of what I am seeing in this coin's price action.
-Happy Trading
MoneyGrind
OXT Showing It's Quick Recovery SkillsOverview
- Overall BTC punched OXT around a bit but OXT was able to bounce back up. Let's start from the top!
Price Chart
- 1hr chart with price price currently inside a triangle. Price movement could be coming soon
- All MA's are starting to show upward movement which is great to see in case we need one to act as a support
RSI
- I sometimes use the RSI to have a better idea when to enter a trade especially when the RSI bounces off the previous low like this RSI scenario
- Would like to see upward movement, however, it's possible that we could touch the line again and break to the downside
MACD
- MACD is starting to show positive momentum could be coming soon. If the blue line can't get above the red then could see further selling short-term
Daily Chart
- Daily chart looks amazing
- Potential to show long-term positive momentum(PM) (green line= predicted PM top if BTC remains bullish)
- Break above dotted RSI and you'll get real bullish then
Additional Info
- Learn about OXT here: www.orchid.com
- OXT Volume: coinmarketcap.com
If you enjoyed this analysis or learned something new, please LIKE this idea so more people can be aware of the possibilities of this coin.👍
Feel free to FOLLOW for for important updates for this coin and trading strategies.🏆
Would also like to know your thoughts! Remember this is not financial advice, however, it is an overview of what I am seeing in this coin's price action.
-Happy Trading
MoneyGrind
OXT Is Just Getting Warmed UpOverview
- Overall OXT has performed very well today but it still has a long way to go long-term. Let's start from the top!
Price Chart
- 1hr timeframe chart with the 20/50/200 MA's and price is currently inside a micro triangle, that's in a macro triangle
- Previously broke out of the 20-50MA range and now forming a micro triangle before hopefully continuing to the upside
- Closing the daily above $0.59 would be insanely bullish, above $0.55 still bullish
- In time expect to hit the resistance line(green) of the macro triangle, meet/break $0.74, rise up to $0.84
- Remember this is a patient trade, OXT is like an upgraded saving's account :)
RSI
- On the RSI you'll see the channel OXT is currently in
- RSI is now on the lower part of the channel so it's getting more likely to see a rise in price action. (Although the higher the time-frame the more likely price will rise)
- In some cases the RSI will be too high on the bottom of the channel which causes a dump. This happens so the indicators can get reset so it can form another channel at lower values
4-Hour Chart
- Could see a short-term decrease in price so RSI value can get lower, still great structure
1-Day Chart
- Daily looks very bullish long-term
BTC Dominance
- Dominance is still showing signs of an alt season
If you enjoyed this analysis or learned something new, please LIKE this idea so more people can be aware of the possibilities of this coin.👍
Feel free to FOLLOW for for important updates for this coin and trading strategies.🏆
Would also like to know your thoughts! Remember this is not financial advice , however, it is an overview of what I am seeing in this coin's price action.
-Happy Trading
MoneyGrind
DING DING! Round Three Has Begun For OXTOverview
- Overall OXT is getting even more bullish being above the 20MA and Stoch activity. Let's start from the top!
Price Chart
- Chart is represented in the daily timeframe and is mixed in with the 20/50/200 MA lines. Lowest is green
- You'll also see two flag patterns, a micro(smaller) and macro(largest), break the macro and could see another run up to $0.74
- Would like to test the 20MA and then bounce up to higher prices. Break the macro flag and great things could happen
RSI
- RSI you will see the channel plotted with OXT in the makings of starting the third round up
- Expect to hit the green trend line on the next break up, if it does make contact, could also expect some selling
- It's normal to take longer before the next round begins and at this time we are currently longer than the second round RSI length
Stoch
- Before each round began, you'll see the stoch indicator quickly shoot up in the beginning. Current stoch value could be indicating that the third round is beginning
- When the next run occurs, would like to see an ascending pattern as that led to a 251% gain over time in the previous run(second)
Bitcoin Dominance
- The lower the value the better odds for an Alt Season to arrive. We also seen a break to the downside which is what we want to occur
If you enjoyed this analysis or learned something new, please like this idea so more people can be aware of the possibilities of this coin.👍
Feel free to follow for for important updates for this coin and trading strategies.🏆
Would also like to know your thoughts! Remember this is not financial advice , however, it is an overview of what I am seeing in this coin's price action.
-Happy Trading
MoneyGrind
OXT Starting To Show Bullish BehaviorOverview
- You may have noticed that I haven't been posting charts daily and that's mainly because there wasn't much to show. However, if you would like to know a mini analysis of what OXT could be doing, please let me in the comments! Now that we have broken, in my opinion, one of the two needed resistances, getting back above $0.53 is more likely. Let's start from the top!
Price Chart
- On the chart you'll see that we broke the resistance line of the triangle which is very bullish. You'll also see that be bounced from the 20MA which is the next resistance that needs to be broken in order to get to $0.53
- Quite simply, as long as we stay above the 50MA(yellow) it's bullish in my opinion
RSI
- RSI is showing an ascending channel which I have marked the possible line(Upper Green) the RSI could bounce off of in the future. Hopefully this is when we reach $0.53
MACD
- With the MACD we are showing signs of returning back to positive momentum with the Signal line(Blue) just barely above the MACD(red). We want to see the blue line over red because that indicates a bullish pattern
Again if you felt worried at all and want a mini analysis, please let me know! As always, if you enjoyed this analysis or learned something new, please like this idea so more people can be aware of the possibilities of this coin.👍
Feel free to follow for for important updates for this coin and trading strategies.🏆
Would also like to know your thoughts! Remember this is not financial advice , however, it is an overview of what I am seeing in this coin's price action.
-Happy Trading
MoneyGrind
Not Gonna Lie, OXT's Daily looks REAL GOODOverview
- Been trying to find more data for you guys and came up with this on OXT's daily. Looks like it's ready for another run so let's start from the top!
Price Chart:
- Here on this daily chart you'll see three ranges that I have highlighted, all which first started on the bottom of the RSI channel line
- First section took 19 days to reach the highest RSI before returning back to the base line. Breakout of 87.19%
- Second section took 43 days to reach the highest RSI before returning to the base line. Breakout of 251.54%
- Now the section we could potentially create in the future. By using the formula presented on the chart (Read that before continuing), I was able to make a prediction of where the next move could be. This predicted move would take 97 Days to complete and end with a 725.68% breakout towards reaching a new ATH
- This is no guarantee as we only compared the pattern between the first and second sections and would be more accurate with a known third section
- Also very possible that OXT could never break $2 this cycle so don't use this prediction as your end new exit plan. Was only based off the first and second section
RSI:
- You probably could tell this part yourself by now but what is indicated in the RSI indicator is a channel made from the lows and highs of previous RSI's
- At the start of the third wave we are no where near overbought so there is plenty of room to expand
- Also possible that we bounce of the bottom for a while before returning back to retest $0.74. If this is broken expect great things
Additional
- If resistance is too strong we could possibly see a breakdown which could support a coming ALT SEASON. Even though some altcoins have already had awesome price action
If you enjoyed this analysis or learned something new, please like this idea so more people can be aware of the possibilities of this coin.👍
Feel free to follow for for important updates for this coin and trading strategies.🏆
Would also like to know your thoughts! Remember this is not financial advice , however, it is an overview of what I am seeing in this coin's price action.
-Happy Trading
MoneyGrind
OXT Must Break Through This Resistance To Get Closer To ATHOverview
- In this idea we'll talk about where OXT could be heading up next due to breaking it's channel. Still very bullish so let's start from the top!
Price Chart
- Added a new curved channel that has been useful in showing the last low. Since then we have broken outside the channel and now headed towards the 20MA where we could see a bounce off of or break through. If this occurs and the momentum continues, we could be going back up to the green line back to test $0.74 for a third time in hopes of getting closer to ATH
- We first need to break past $0.50
RSI
- Still showing similar RSI pattern that occurred before the previous breakout to ATH.
- RSI was also reset and now can continue making an ascending pattern that hopefully leads to another bullish run
MACD
- Positive momentum is starting to look promising as the MACD line is strongly over the Signal line.
If you enjoyed this analysis or learned something new, please like this idea so more people can be aware of the possibilities of this coin.👍
Feel free to follow for for important updates for this coin and trading strategies.🏆
Would also like to know your thoughts! Remember this is not financial advice , however, it is an overview of what I am seeing in this coin's price action.
-Happy Trading
MoneyGrind
OXT Resting Before The Long Hike UpOverview
- Overall I remain bullish as BTC could be resetting for another bull run which would be great news for OXT. Let's start from the top!
Price Chart
- Price is in a decline, however, we have been holding above the 50MA(Yellow) at most times which is nice to see
- Would like to stay above the 50MA other wise it is possible that we could be seeing the next MA(Red). I think this is unlikely as BTC would need need to drop lots more while also ending it's current bullish run
- Next resistance is the 20MA(Green)
- $0.42 is a nice support area behind the 50 MA(Yellow)
- Really believe OXT will rocket in the coming future but the question is when. Predicting this will be very difficult but once more volume comes in, expect something big
RSI
- Could be forming a double bottom on the RSI, which if confirmed, will lead to higher prices and maybe an ATH
- Double bottom pattern would be broken if the RSI touched down again at the same low-levels as the previous two lows
- We are still similar in RSI movement compared to the time-frame before the ATH breakout occurred
- Hopefully this is correct in the future
If you enjoyed this analysis or learned something new, please like this idea so more people can be aware of the possibilities of this coin.👍
Feel free to follow for for important updates for this coin and trading strategies.🏆
Would also like to know your thoughts! Remember this is not financial advice , however, it is an overview of what I am seeing in this coin's price action.
-Happy Trading
MoneyGrind
🆓Orchid Protocol/USDT Analysis (26/2) #OXT $OXT0.42-0.44$ zone is a strong support zone and the buying force is happening now. So we can expect it will pump up to the middle range of the Symmetrical Triangle formed since early February.
It needs to surpass 0.65$ zone in order to rise much more in March to 0.85$ zone
The next support zone is at 0.35$ zone
📅NEWS
👉Mar 22 : Summit on Privacy
📈BUY
-Buy: 0.42-0.44$. SL if B
-Buy: 0.63-0.66$ if A. SL if B
📉SELL
-Sell: 0.55-0.58$. SL if A
-Sell: 0.63-0.66$. SL if A
-Sell: 0.83-0.87$. SL if A
♻️BACK-UP
-Sell: 0.42-0.44$ if B. SL if A
-Buy: 0.34-0.36$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
OXT Won't Be Knocked OutOverview
- BTC dropping had an effect on OXT, but this drop may have kept OXT on track to making new ATH. Let's start from the top!
Price Chart
- This time on the chart you can see the activity we had before making new ATH and the activity we have now.
- 50 EMA(yellow) acted as a perfect support for OXT when it was dropping. If BTC decides to continue selling off, it's possible that the 50 EMA support gets broken
- You'll have to zoom in on this but we are back into the bullish channel! You'll also see a bullish hammer candle that will be confirmed if the next candle closes green
- If BTC continues to sell off, I see we could drop down to the $0.44 then $0.37 area
RSI
- The main reason I spread out the chart this time is because of the pattern we made in the RSI prior to reaching ATH. What I did was trace the trend and mirror it to where we are now and we are surprisingly similar
- If we were to replicate the same trend, odds are we would be seeing a new ATH in less than a month
- That trend was an inverse head-and-shoulders and it appears we may be halfway to forming another inverse head-and-shoulders
If you enjoyed this analysis or learned something new, please like this idea so more people can be aware of the possibilities of this coin.👍
Feel free to follow for for important updates for this coin and trading strategies.🏆
Would also like to know your thoughts! Remember this is not financial advice , however, it is an overview of what I am seeing in this coin's price action.
-Happy Trading
MoneyGrind