Crypto2AF

OXT/USDT - Orchid: Resistance_Breakout_Confirmation

Crypto2AF Updated   
BINANCE:OXTUSDT   OXT / TetherUS
◳◱ A Resistance Breakout and Confirmation has been detected on the $OXT / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.0933 | 0.0999 | 0.1124, and the major support zones can be found at 0.0808 | 0.0749 | 0.0624. Consider entering a trade at the current price zone of 0.088 and targeting higher levels.

◰◲ General info:
▣ Name: Orchid
▣ Rank: 350
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Bittrex
▣ Category/Sector: Services - Data Management
▣ Overview: Orchid aims to serve a privacy-preserving role in Ethereum’s web3 stack. It is an incentivized peer-to-peer privacy network and decentralized VPN application that enables private access to the Internet. Users pay Orchid node providers in exchange for bandwidth. These providers stake Orchid tokens, OXT, to sell bandwidth on the Orchid Network. Providers receive user requests for traffic in proportion to their stake weight.

◰◲ Technical Metrics:
▣ Mrkt Price: 0.088 ₮
▣ 24HVol: 261,896.641 ₮
▣ 24H Chng: 2.564%
▣ 7-Days Chng: 2.13%
▣ 1-Month Chng: -3.04%
▣ 3-Months Chng: 29.28%

◲◰ Pivot Points - Levels:
◥ Resistance: 0.0933 | 0.0999 | 0.1124
◢ Support: 0.0808 | 0.0749 | 0.0624

◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY

◰◲ Technical Indicators Summary: BUY

◲◰ Sharpe Ratios:
▣ Last 30D: -0.09
▣ Last 90D: 1.61
▣ Last 1-Y: -1.03
▣ Last 3-Y: 0.46
◲◰ Volatility:
▣ Last 30D: 0.55
▣ Last 90D: 0.76
▣ Last 1-Y: 0.84
▣ Last 3-Y: 1.24

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.54 - Bullish
▣ Reddit sentiment score is 0.72 - Bullish

▣ In-depth OXTUSDT technical analysis on Tradingview TA page


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◲ Disclaimer
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Trade active:
Binance, Huobi.pro, KuCoin
#OXT/USDT Take-Profit target 1 ✅
Profit: 2.9545% 📈
Period: 13 Hours 51 Minutes ⏰
Trade active:
Binance, Huobi.pro, KuCoin
#OXT/USDT Take-Profit target 2 ✅
Profit: 4.9773% 📈
Period: 4 Days 22 Hours 44 Minutes ⏰
Trade active:
KuCoin
#OXT/USDT Take-Profit target 4 ✅
Profit: 6.9886% 📈
Period: 4 Months 6 Days 23 Hours 22 Minutes ⏰

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.