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jbennyco
Dec 31, 2019 3:41 AM

OXT descending wedge on hourly price and RSI 

Orchid / United States DollarCoinbase

Description

Not financial advice. I cropped the price and RSI over one another. Both are falling into a descending wedge (bullish reversal in my opinion). Although this is only showing in the hourly, it may not prove to be particularly strong but an idea in the works. As well, we can see the Bollinger bands getting tighter, possibly leading to more sideways action or a pop up or down. Thoughts?
Comments
D_artagnan77
what chart is this, why doesn't it match the coinbase charts?
jbennyco
@phoebus00mc, I pulled the price chart over the RSI chart to show the comparison.
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