altcoinnerd

OXT should break out in a few weeks

Long
GEMINI:OXTETH   Orchid / Ethereum
OXT should break out in a few weeks after this ETHEreum run is over.
Safe to buy OXT with Ethe from here on down as it has finally reached the average it had when it started trading.
dont get me wrong.
I am down 37% on the ethe traded for OXT since the recent OXT top so I do not wish to do that again
- but -
the basic fundamentals say it should drop further from here
give it a week and that will change,
OXT has a 50 day moving average that just popped up above the 100 day (bullish) and OXT has not been on the market long enough to have a 200 day MA so that will confuse some technical's.

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