OXT is moving in a channel and making HH and HL. Once hit the 0.78 level and dropped, it took the support from 61.8% fib level and trendline. So now we could see a strong movement towards upside or even a new high. after breaking the 0.79 level.
#OXT/USDT TA Update:-
$OXT currently trading at $0.5
And this is support level.
My entry:- $0.47-$0.5
Targets:- $0.62/$0.78/$1
Stop Loss:- $0.45
Support:- $0.48
Resistance:- $0.62
Clear divergence between the price chart and CCI chart. The descending trend line is crossed by the price chart and a pullback is done. Everything is ready for a high jump.
the candle couldnt brake the resistance level right now,and the risk reward ratio is 1, thats being said ,we are neutral for this coin
if you are planing to buy you can buy either when the candle touch the support level , or when the candle open close resistance level as long as engineringrobo is bullish .
OXT is approaching the support areas of $0.50 and $0.45, and with strong buying in the past few days, we can expect stronger rallies to the $0.6, $0.75 and $0.9 zones. But if OXT loses the $0.45 zone, we will wait to buy it back at the $0.4 and $0.35 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.45$ zone
🔴Buy : 0.5 - 0.45
🔴Sell : 0.6 - 0.75 - 0.9
📉BLUE...
OXTUSDT CwH Pattern | 75% Move Expected on Handle Breakout
NOTE: Do your own analysis. Do proper risk and money management. Spot trading only.
Entry: 0.3910
TP1: 0.4326
TP2: 0.5072
TP3: 0.5889
TP4: 0.6865
SL: 0.3322
ROI: 68% - 75%
Risk: 15%
Do not use more than 10% Risk of your account.
Do not enter if you don't know how to trade.
