Just an idea for Elliot wave count. I expect a bounce up to $15-$17 range and then back down for the correction wave. Price is right around the 0.618 Fibonacci Ratio. RSI looks oversold on 4 hour and is approaching oversold on the daily chart as well.
Binance just listed $OXT on their exchange and spiked up to $0.47 and is back in the $0.33 - $0.38 range. The daily candle needs to close above $0.34 to turn the resistance into a support zone. New exchange listings come with a pump and a sell off for profits but I'm still bullish long-term for $OXT based on fundamentals. I'll keep an eye on the daily for any...
Weekly chart for $OXT for long-term trend. Used EW and I think we're finishing up the 4th wave at the 0.618 fib. We'll keep an eye on $BTC to see any movements lower or to invalidate this chart. I'm eyeing the 5th wave to $1.50 - $1.80.
We've had a lot of sideways movement since the run up to $1. I'm seeing a symmetrical triangle on the 1 hour chart and we'll hopefully see another leg up for reversal. Will update with any invalidations or continuations.
$OXT did a healthy retrace and found support. Stoch RSI showing oversold and MACD looks like it is about to make a push up. We'll see where this goes by the end of the day.
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Permabears are trying to use EW to predict price pullbacks. The only thing that has held is the 8 EMA on the daily chart. A simple pull back to the 8 EMA and uptrend continuation is the best supporting case. $LINK will move to number 3 in MC soon. There is no IF in question, but only WHEN.
We were able to break the previous resistance of $0.2850 and took down those high sell walls. This is a 2 hour chart show confirmation and upward momentum from the bull flag. Let's see how much higher we go.
It looks like accumulation is over and has broken the top part of the wedge. Looking at the MACD trend showing a bullish divergence. Small marketcap coin and rumors of Binance listing could move this up quickly.