On 4 Hour, looks like ethereum could be in the middle of forming a bearish butterfly pattern which would take ethereum back up to 4600 minimum before a rejection downward. RSI bottomed out at the same level (apx 37), while ethereum put in a higher low. MACD showing a lower amount of negative momentum on the second low as well. Stop loss is slightly below the first...
Hey everyone,
Was taking a look at the weekly chart for OXT today and noticed on the RSI a potential imminent breakout of a symmetrical triangle. As you can see, there is little room left within this triangle which means there potentially could be a breakout of this triangle this week. The start of this pattern began the end of January 2021.
Additionally, we can...
Support is about to meet resistance. Within next three days OXT should either break down to 60 cents, or be on its way to $1 and then $1.13. Even if we break down, I am confident OXT still will find its way to $1 and beyond after bouncing off of bottom of ascending channel as support.
