Price making Higher Lows and Equal Highs which signaling about forming of Ascending Triangle.
Volume shows that someone is selling at 149-161 zone.
Need to watch volume after flat breakout which will tell is this breakout true or trap.
OST is one of the small amount of coins that was not pumped yet.
Our chart for OSTBTC grows by 85% and can go higher... Right now the volume for OST is the highest we've seen since May 2019.
We are looking at a very strong RSI with a bullish MACD.
The big volume bar alone is a very strong bullish signal, but we also have a break above EMA10 (green), EMA50 (yellow), and EMA100 (purple).
The next target is now sitting at 1.382...
During last days OST showed shortlived pumps and once more its trying to pump from the level where the first pump started. Hourly RSI is on the lowest level and already started to recover. Looks like this time it can be permanent climb. 137 sat is pivot point. Put SL to 130 and TP 165. Good luck
Exchange : Binance
Buy Zone: 0.0000013~0.00000125
Target Point: 0.00000138/ 0.00000144/ 0.00000152/ 0.00000158/ 0.00000168
Term: Middle - Short
You should be careful in buying OSTBTC because of Bitcoin
It`s making Symmetrical Triangle
Movement of The Chart and RSI are very similar
The Volume is slowly...
Crossing above ~130 sats resistance level matching EMA50(green)
If manages to flip this level & push up with volume, a trading opportunity could open with 1st target at ~165sats (30%!)
MACD bullish divergence on the 12H
UCTS is only showing buy signals at low TFs