OpenANX: Buy & Hold (Beyond 346% - 578% Growth Potential)Good afternoon my fellow trader,
Here we have two higher lows, one is long-term and the other one short-term.
OpenANX (OAXUSDT) hit bottom in August 2023 and this led to a rally that peaked in March 2024. Since March until August, we saw bearish action.
In August 2024 we have the next low and recently, 2-October, a higher low. Now, here it gets interesting, after this last low we see a very strong bullish breakout today, a massive +80% candle within 24 hours. This signals the start of a strong bullish move.
The low was already set two months ago, what we are seeing now is only the continuation of that event.
Looking at the strength of today's move, we can expect to hit several strong targets on the way up. These are mapped on the chart.
Easy, 112%, which remains within the March 2024 high.
Going beyond this target we have 346% and this would produce the highest prices in years, followed by even higher.
Not shown on this chart, there is potential for so much more as the bull-market develops in 2025. Our strategy is to simply buy and hold. Let the market take care of the rest.
Thank you for reading.
Namaste.
