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OXTUSD trade ideas

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
COINBASE:OXTUSDLong
by MoneyGrind
5
What's so special about ORCHID? READIt has taken more than 1 year to form that W pattern that you see. Once this thing breaks out, it will skyrocket for a long time. I smh at people with price targets of 1.5/2/3. This is crypto people. However this one has taken its sweet time to really form support/accumulation. On the flip side what is really the risk? going to 11 cents? I will take that risk anytime. I hope it dips that much it will be a steal but highly doubt it will happen. Not financial advice but that's my view on this.
COINBASE:OXTUSDLong
by trashpanda19
8
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
COINBASE:OXTUSDLong
by MoneyGrind
7
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
COINBASE:OXTUSDLong
by MoneyGrind
9
OXT Short TermOXT is a cup and handle machine, 1yr, 1 week, and now daily all leading up to a big explosion. Guessing it'll break first resistance and hit the longer term resistance with a 38% fib retracement which would form another short term cup and handle before fully going to the moon. PRIV8 conference with Edward Snowden in less than 10 days plus stimulus checks coming out as we speak. Should be a big move 🚀👨‍🚀👩‍🚀 -Strong RSI -Positive MACD on daily and about to flip the 4HR -Bollinger Bands about to burst on the daily chart🔥 Minimum $1.20 for my reserved guess by April, but have a feeling it could be much more. 🤷‍♂️ NOT FINANCIAL ADVICE
BINANCE:OXTUSD
by CrypTac-Toe
1
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
COINBASE:OXTUSDLong
by MoneyGrind
18
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
COINBASE:OXTUSDLong
by MoneyGrind
2