Bibman's Breakdown - OXT - 1/18Novice & rudimentary analysis for personal interest only. NOT financial advice.
OXTUSD trade ideas
OXT/USD looks like ZRX, time for longTimeline:
Should breakout before Feb. 1st then a few weeks to get to highest target, unless bitcoin get rekt. Always watch bitcoin.
Accumulate OXT below .3100
Current Price
.3033
Recommended Buys
.30
.28
.26
Targets
.3680
.50
.70
Stoploss
.22
Risk:
5 rr
133% profit or 26% loss
OXTUSD: 1W Watch for sleeping giant...As above...
Weekly looking like OXTUSD is coiling up for possible move in the very near future... This coin has been neglected for a while and I think it will bounce back after BTC dominance starts falling over the next few weeks.
Looks like long term bottom trendline has been obeyed and coin is bouncing off and above 0.2 price range.
BB on 3D and 1W charts also starting to squeeze.
Will follow.
Good luck traders!
I am a noob, but this is looking good~~!I am no where close to where i wanna be in TA, just trying and learning. Let me know guys what you think!
OXT/USD (Coinbase) Place your bets.Looks like we'll finally get some resolution on the direction OXT is going to move. My money is on a move up in the short term.
RSI - Check, MACD (W) - Check, Bars Pattern - Check, Parabolic ?RSI looks good
MACD crossover imminent
Bars Pattern - Identical
Breakout target reaches almost the exact resistance area of the previous two parabolic runs.
We may see another parabolic run within a week. I've been indicating this for a while now but everything is pretty much perfectly aligned now. $1.15 is my PT. if broken, we will be in price discovery mode.
OXT Bull or Bear?Sales volume does not seem strong enough for a bear.
We may see another bull soon.
Watch closely for a good Gain form this Coin
If it break under .23 cent We may see stronger down trend.
$oxt one of the low-cap alts can easily go to $1Welcome to my analysis about OXT , we are looking at the 1D timeframe perspective, in my opinion I feel that we are going up for next leg.
Could see the delayed parabolic move any moment nowBroke out of the downtrend resistance, retested the support line and now on it's way to test the second line of downtrend resistance. If OXT manages to break past it and successfully retest it. We may just see $1+ soon.
OXTUSDMID-TERM: Hidden bullish divergence at a historical support. Will fail if bitcoin falls heavily. Not financial advice.
OXT is filling up the tank for the journey ahead
This is what I am predicted on the movements of OXT, 16-25 days until the breakout, I wouldn't be surprised if we so .22 before that.
*not financial advice, just my humble opinion about the not-so-humble OXT
RSI Hidden Divergence 1 DayThe RSI is showing hidden divergence. This needs to break for a nice leg up.. Targets 1 - 50 cents Target 2 - 75 cents Target 3 - 99 cents
OXT - Does history repeat itself?My two previous charts on BTC were woefully wrong, but here's one I think might be a little better. I'm in this one myself, although not on leverage.
As during the previous breakout, we see a breakout from the triangle and a wick touching the resistance zone represented by the purple rectangle. Previously we saw a similar kind of resistance zone on the prior breakout, which took four days to break through before a violent pump on the fifth day.
We saw similar RSI conditions on the day chart at the time, with the MACD displaying a slow rise above the breakout and very low volume above the triangle, giving the impression of a weak or false breakout. I feel that if OXT can stay within this current consolidation zone, that should give it the power to experience a massive pump.
But, as always, in this market, we shall see. The fear of course, is a drop off, and this fear might shake some people out. Keep in mind however that when bitcoin ranges near all-time highs as we are seeing now, money flows into altcoins, and every indicator from this morning seems to say that altcoin season has finally begun.
OXT Bullish Setup This coin makes big & fast bullish moves.
It's been lagging relative to the rest of market.
I see a short term opportunity here.
Potential to retest August highs.
Not Financial Advice.
OXTUSD wake up and smell the orchidsThe OXTUSD chart looks unbelievably bullish. There is a huge amount of resistance between here and the ATH from Aug 2020, which I've marked on the chart based on price action. You can extrapolate from the price action at this point to create a few cup & handle setups with targets in these zones, and I think it makes sense to take a bit of profit at each resistance zone with the goal to reload at slightly lower levels on pullbacks. The real targets, however, are above the all time high. If you draw the uptrend resistance line from the first to the second ATH wicks, it is absolutely valid, but not parallel with the uptrend support. If instead you draw the same line from the first ATH daily close to the second ATH wick, it is unusually parallel to the uptrend support -- I will call this line the uptrend ceiling, and consider it valid. If you play with Fibonacci extensions created from the last impulse cycle, you will find a few fuzzy targets up near the $2 range, almost 10x from the current price. I have marked the confluence of these Fib zones with the uptrend ceiling as super target 1, 2, and 3. These are my primary targets for the year if a bull market in alts materializes in 2021. I have also marked targets 4 and 5 based on distant Fib extensions, but I consider these far less likely to materialize because they are above the uptrend ceiling. In the case of a bearish breakdown, I have also marked some weak anchor targets that weren't picked up in the last cycle. I would honestly be shocked if the price fell below the support levels drawn on the chart, but anything is possible in crypto and stop hunts aren't out of the question. As always, let's see what happens!
