Was just speculating about more altcoins and stumbled upon COINBASE:OXTUSD . A few days ago it went through a long positive run and just got out of a retracement today. The moving averages spell that it's time to buy in my opinion. We could potentially see the price rise to $0.49 or more in the coming day or so. Let me know what you think in the comments!
Simple charting here friends. After we hit our last target of .48 cents , we now must begin looking for a re-entry. Personally, I have chosen to re-enter most of my trading funds on OXT at .44 cents. That being said, there are two levels below me that are still a target-down possibility. The first one exists at .4272 and is, of course, more likely to be touched....
Orchid 🌺 broke the downtrendline and got above the support zone 0.41-0.38. I think we could see another dip into support zone and then sort of consolidation around it's upper edge 0.41 followed by bounce off the uptrendline. Resistances (in white) can be used as Targets. What's your take?
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Really quite simple. OXTUSD currently trending up. About to break above major accumulation area (currently resistance) that is ranging on the 4hr chart between .3637 (purple line) and .3773 (black line). Past resistance will become future support. But once we break this resistance area , I believe we'll go to the 200 day moving average pretty quickly (like within...
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OXTUSDT on D TF, has broken above the major resistance and also got out the triangle.
⬆️Buy now or Buy at 0.2588
⭕️SL @ 0.1872
✅TP1 @ 0.3582
✅TP2 @ 0.4831
✅TP3 @ 0.6741
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I don't know if many actually noticed this, but I did... and I think we are sitting on an explosive diamond that is yet to be polished. Orchid, the OXTUSD, has very interesting technicals that tell an interesting story, at least to me.
You see, the VDC5 (Volume DChann 5) indicator that I created, tracks the velocity of change of the volume 5 moving average. This...
BINANCE:OXTUSD is now bullish. Multiple buy signals and break over trendline.
Steps to take:
Buy if full candle open/close above .35 current resistance area
Sell if multiple sell signals OR rejection at resistance area
BTC 1hr nice diagonal resistance break. Plus I’m liking the previous 1hr hammer candle. I would really like to see BTC reclaim the last breakdown point at 34.5k to ensure this isn’t a fakeout. If this can happen expect targets to 36k+