After some brief consolidation, and with the current state of the market, it looks like OXT is ready to make another move up. One of the main things that could stop this move is BTC dropping, but if BTC holds or gains - OXT will very likely retest the high it set a few days ago.
Plotted this triangle yesterday and we have recently had a break out. Expecting EOS to break through the upcoming resistance within a couple of days maximum - especially with lurking news of grayscale adding them to their fund and the growth of the entire market.
Fractal taking longer than expected to play out, however, the whole altcoin market has been on pause for about a week so this is to be expected.
The value of the USD vs other currencies has a tendency to go fall when the crypto market goes up, and gain when the crypto market goes down. This is fairly basic knowledge, but this chart makes it easier to understand. Obviously, according to this, the DXY will continue to drop for the duration of the bull run - and as crypto grows in the future, we may never...
For my own use. The symmetric triangle on the Wanchain chart, looking for a resolution very soon. Not much resistance past the $1 resistance so should fly up to $1.5 - otherwise, we could see a drop-down for further consolidation at the $0.70 level. However with the on going bull run and news of partnership I think we will see a bullish result.
The last post was inaccurate. According to this fractal, we could see another 40% growth before the panic selling begins. The fractal also shows us that this panic selling could begin in early-mid March. However, fractals tend to assume no external factors, such as mass adoption, could be at play - so take this with a grain of salt.
Potential fractal playing out on the global market excluding bitcoin - could go 20%~ higher before a correction.