OXTUSDT.P trade ideas
Two things in the world I am certain of1) OXT price discovery/will never see .30 cents in the next year or so
2) Massive cup and handle with a 2 year base.
3) Dumb money (I know I said 'two', but I had to include this one. If you know, you know)
Do your own due diligence. I am not a financial advisor.
OXT/USDT Looking for support. Possible Entry between 0.35-0.45$Orchid (OXT) is a decentralised VPN provider.
Since VPN is more and more a topic due to data leaks I guess OXT will continue to grow.
Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Green lines are tested support lines.
Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
Cyan line is for volume trendline.
Purple lines are trendlines we take a look at.
Yellow lines are for visual help only.
OXT Fiat Gateway speculationThis move followed Fib levels since February. First, it set a top and made a full retrace as the rest of the market. It built a river from the lowest level up to 50%. Once the rumor from Github caught on, it spiked to the top.
I entered at 0.6464, Hoping to see somewhere near to 1 dollar. It's alt season, so if it doesn't move above 6556 with volume I'll drop it.
🆓Orchid Protocol/USDT Analysis (26/2) #OXT $OXT0.42-0.44$ zone is a strong support zone and the buying force is happening now. So we can expect it will pump up to the middle range of the Symmetrical Triangle formed since early February.
It needs to surpass 0.65$ zone in order to rise much more in March to 0.85$ zone
The next support zone is at 0.35$ zone
📅NEWS
👉Mar 22 : Summit on Privacy
📈BUY
-Buy: 0.42-0.44$. SL if B
-Buy: 0.63-0.66$ if A. SL if B
📉SELL
-Sell: 0.55-0.58$. SL if A
-Sell: 0.63-0.66$. SL if A
-Sell: 0.83-0.87$. SL if A
♻️BACK-UP
-Sell: 0.42-0.44$ if B. SL if A
-Buy: 0.34-0.36$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
OxtAlthough it had a bearish breakdown last night. So did all of the crypto alt coins. They all pulled back 10% and bounced since. I’m still watching this thing an stayed in trade just averaged down around .50 cents. Support found above .68 resistance im looking for potential exit at .80 cents area. Red td9 flash on hourly. Could get pull back hopefully .64 will turn to support. I am still bullish up to .80 cents