OXT had a strong breakout of 44ct / 33ct which is the centre of the range with high volumes.
Im expecting the prices to retest this area, MACD Weekly has just turned green and the Daily is also bullish. OXTBTC pair seems to have find support and if confirmed could push the usd prices higher.
Anything between current price and 40ct (35ct as max bottom) should be...
Entry add-on OXT @$0.32 Target@ $2.60 Sept 4,2023 Long Term
Entry add-on OXT @$0.30 Target@ $1.30 Nov 21,2022 Short Term
Bought 25,000 out $0.25 Target@ $2.60 Sept 4,2023 Long Term
Bought 25,000 out $0.20 Target@ $2.60 Sept 4,2023 Long Term
OXT is a fork of Ethereum (ERC-20 ) digital currency used to exchange
value on the Orchid network....
The previous video explained the bullish behavior of OXT.
Inside bullish triangle
Consolidation phase nearing an end
Testing huge resistance many times
Etc. (see link to Related Ideas below)
In this video, I analyse the greatest probability of where OXT goes next:
Currently hitting our heads on resistance at 48 cents
How strong is the 48 cent...
Update to yesterday's video.
New trendline spotted. Also, new buy area spotted. Less probability of a drop to 25 cents. Greater probability that we move up. Could be another week or two of sideways movement.
Sentiment is growing more bullish.
Current sentiment = Neutral
Current Holdings = All Cash
Two Scenarios for Re-Entry:
1. Bullish move to the up-side; recapturing black resistance line
2. Bearish move to the down-side; landing on or near black support line
OXT has netted me 10.86% gains from a 3.144 base preliminary I made yesterday, after a series of DCAs I made on the way down (yellow rays), beginning at .3268. I expect this swing to keep climbing after a series of tests and retests and minor corrections peaking around the 1.618% Fibonacci level where I'll consider liquidating my position after taking profit at...
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....