OXT/BTC Daily - Long - Potential Cup and Handle forming (+35%)
1. OXT/BTC looks good
2. MFI slowly crawling up
3. Phoenix indicator shows upward potential soon
4. Depth of the Cup correlates with Fib retracement
5.Most important: Volume is increasing
Textbook says buy after handle breakout, but i think OXT/BTC is in general looking good for an uptrend, also without the cup.
PLEASE DISCUSS - OPEN TO CRITIQUE
2. MFI slowly crawling up
3. Phoenix indicator shows upward potential soon
4. Depth of the Cup correlates with Fib retracement
5.Most important: Volume is increasing
Textbook says buy after handle breakout, but i think OXT/BTC is in general looking good for an uptrend, also without the cup.
PLEASE DISCUSS - OPEN TO CRITIQUE