OXTUSD trade ideas
LONG OXTI feel like I have seen this before! We may get another leg up...Do we bump our heads at 75 cents and drop a bit? Im not sure. Skys are clear above 75 cents...and price discovery would be an interesting ride!
The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
OXT longOXT pumped today but this chart is telling me there may be more ahead
The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
Bull flag confirmation - time to go higherWe were able to break the previous resistance of $0.2850 and took down those high sell walls. This is a 2 hour chart show confirmation and upward momentum from the bull flag. Let's see how much higher we go.
Bullish Divergence It looks like accumulation is over and has broken the top part of the wedge. Looking at the MACD trend showing a bullish divergence. Small marketcap coin and rumors of Binance listing could move this up quickly.
Orchid (OXT) vs USDNot all alt-coins have enjoyed a massive run since the market crash back in March. There are more than a few whose charts suggest the best weeks are ahead.
The above 2-day chart for this project tells us previous resistance has now become support. Furthermore we have just closed a candle above the 21-day moving average. Stochastic RSI is rising rapidly with RSI making higher lows in combination with increased volume. The trend is your friend and the trend is up.
On the chart below we can see a Weekly candle just closed on the 21-week moving average = bullish
1-day Bitcoin chart -
History is poor with BTC pairs, however, no matter the exchange there is evidence of bullish divergence with volume. Golden.
OXT the next big breakoutIts not Defi its private browsing...
OXT is showing strong technicals favoring the bulls.
We are breaking out of a multi month symmetrical triangle. A short stop at the 200 Daily and a Bounce off the tri and we are headed to $0.30 and likely beyond.
Dump and pump - Don't fall for itWe will retest high. Just guessing here, but this doesn't feel right. Who dumps 2M OXT in an hour? That's not how this works.
Bull trend guessThis is assuming we don't pass $.22 and hit $.25 today. Usually these runs have some type of pull back zone. Depends how crazy they are.
We broke the symmetrical triangle patternWe are in uncharted territory now. Good luck to you all. If it closes above the resistance line, then I'm extra bullish
OXT/USD DAILY Symmetrical Triangle Just broke outWith everything trending upward in Crypto this one looks poised for a break out.
