Notable Pause in Price Action At an 88.6% RetraceThere is not much of a pattern here we are basically trading at all time lows but we are at a point where it can only literally lose all of it's value if it goes lower and a stop loss while fairly wide can be easily applied and justified when thinking of the potential reward. I believe that if it h
OXY 4H shortSetup: Oxy just got rejected off the 4h 20 EMA. On higher timeframe, Oxy also looks bearish, adding confluence to our chart
Entry: When Macd crosses down
SL: 1 Atr above the 20 EMA( for a aggression trade) or 1 ATR above the 50 EMA( for a safer trade)
TP: Recent swing low at 0.21 or Ride the tren
OXYPERP 4h shortOXY has been consistently lower highs and lows, so we will ride the strong trend. We can see that OXY respect the 20 MA, so we will wait for a price rejection candle formed after it hits the 20 MA or wait for a breakout. This will be our entry point. We will exit after OXY break 1 ATR above the 4h 2
Oxygen / BTC / USD - brokerage service built on SolanaOn the above 1-day chart price action has corrected 50% since late September. A number of reasons now exist to be bullish, including:
1) The ‘incredible buy’ signal of course.
2) RSI is printing higher lows as a breakout of RSI resistance is confirmed.
3) Multiple ‘bullish engulfing’ candles.
4)
The Oxy Protocol Gartley Trade Lives On!We Have 4 Hour Bullish Divergence and a Double Bottom at the PCZ of this Bullish Gartley that price action has held itself together surprisingly well at during the Bearish price Action on Bitcoin. We did however see a weird wick down in the Spot Market but the Futures Market held together very well
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