OXTUSDT has successfully broken out of its descending channel and is now trading near the 61.8% Fibonacci support level. This is a crucial area for the bulls, as it provides a potential launchpad for a rapid rally to the upside. However, for this rally to materialize, the recent LL must hold. If it does, we could see OXTUSDT making significant gains in the coming days.
◳◱ 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....
The same pattern we just reviewed on the 1INCHBTC chart is present here as well.
OXTBTC prints a lower low but produces no volume.
This lower low is an attempt by the market to look for liquidity before moving up strong.
As OXTBTC moves to recover, BTCUSD moves to retrace.
The next confirmation comes from Stratis (STRAXBTC) whom already went ahead.
What one...
Another pair that is looking good and we even shared a trade for it yesterday is OXTBTC.
Today it moved above EMA100 for the first time since September 2022, it has been battling with this level for many months.
Moving above it is a major bullish development.
The RSI is super strong, the same long-term higher low and there is plenty of room for growth.
Another...
Hey traders, we've identified a Trend Reversal on the $OXT / $BTC chart. The trend of the price has reversed, indicating a potential trend change. The next resistance levels are located at 0.00000443 | 0.00000466 | 0.0000051, while the main support levels can be found at 0.00000399 | 0.00000378 | 0.00000334. It may be wise to consider buying at the current price...
Hi I hope you are fine
Please control your risk as this is a low volume symbol
If OXT can stabilize on the "DEMAND Area", it can make good pumps
Comment if you have any questions
Thank You
Descending wedge with a measurement right to the top trend line Tracking the peaks. This is too perfect to be true. Can this happen during such an oversold market with FUD running rampant? Well, it wouldn't be the first time OXT took off out of no where to $1 leaving everyone on Coinbase with level 10 FOMO. While many people are speculating that BTC can see...
Hello Trader
#OXTUSDT has a good potential for growth from this zone that you should not miss.
It is rallying around the demand zone,
Holds the support area well
Expect a short term rally from here,
Good to buy something here
🎚EP: 0.1955
✅TP1:0.22
✅TP2:0.245
✅TP3:0.266
✅TP4:0.3
✅TP4:0.36
⛔️SL:0.0.163
If you like this post or have any comments, leave a...
OXT at the moment is extremely oversold i believe that we can see a push upwards at any moment. Depth charts show that there isn’t much resistance in order to make it back to the .20 cent level minimum. At the moment, OXT is showing a bullishly biased ascending triangle and if we can break the trend line and close above, we could be in for a decent return to...
OXT is an interesting coin in that the charts have always been a little easier to read than most others. OXT is currently in its low ends of the price spectrum, which means people are scooping up coins prepping for the next run up. OXT tends to shoot up out of no where and as you can see in the chart, it seems to pop up roughly every 8 months. If this cycle...
The October 2021 support has been activated once more.
When this support level was activated last year OXTBTC went a bullish wave.
Another activation and the same scenario can repeat...
Check the chart for the targets.
Namaste.
OXT shows a golden cross together with pattern breakout and this bullrun
I expect to reach that high again
Feel free to share,like and suscribe.
''Stay safe out there everybody''
With BTC showing real promise for another run to all time highs, you can expect alts to follow king BTC. OXT is no exception and while messy of a chart (Hey as long as i understand it right?) we can see OXT reaching the .50s once again. I also can see the possibility of it breaking the resistance trend it has been respecting for many months. Crypto rewards...
After measuring the current descending triangle, it's looking like we going to see prices reach .31. Of course, if BTC has some significant positive price action, we could see it reach this level and beyond in this next wave.
Here I would like to call your attention to two different types of signals.
We have the reversal candlesticks in the form of Dojis, High Wave Candles, Hammers and Inverted Hammers, these are all marked purple.
We also have the test of "strong" support.
Each time the strong support level was tested a new bullish wave developed. (1 & 2).
Now (3), we have a Doji...
![OXTBTC: $OXT/#BTC [#Orchid]: Trend_Reversal](https://s3.tradingview.com/x/xCREyl6x_mid.png "$OXT/#BTC [#Orchid]: Trend_Reversal")
