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CobraVanguard
Apr 11, 2024 8:01 AM

OXTUSDT's Situation: What Shall we Expect! Long

ORCHID / TETHERCoinEx

Description

Hi.
COINEX:OXTUSDT

Chart is Speaking It Self!!!
Simple analysis...

It appears to be moving within a Ascending triangle on the shorter time frame. Currently, it is attempting a breakout. A breakout retest of the triangle would indicate bullish momentum. However, if there is a rejection and a breakdown of the triangle, a bearish move is also expected.

Stay awesome my friends.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Comments
dalkeith
On my moving averages chart, this was the absolute worst time to buy, and as expected it dumped. Always avoid signals solely based on just triangles. No offence.
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