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Heatrading
Oct 31, 2021 9:46 AM

OXT consolidation before breakout Long

OXT / US DollarBinance

Description

OXT has been consolidation during the second part of October and found support on technical area, Daily MM100 and Weekly MM20.

Im expecting a bounce from here which would take another few days to develop with a slow increase before a potential pop targeting 80ct.

The signal for a return of the bull would be given by MACD Daily turning green or a break above the 50ct.

As long as we are above 34ct my plan is not changing and i still see it as buying opportunity on mid term time frame

Comment

Annd booom.. +50% today, Im expecting the resistances area starting at 78ct to be tested, which is the 1st target to take some profit. I hope some are enjoying this ride
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