Long
OXTUSD - BULLISH FORMATION - INVERSE H&S 14-3-2021
OXTUSD
Showing inverse head and shoulder pattern clearly on daily TF.
Expecting to broke ATH by next couple days
Reasons to be bullish
1) 2 days MACD flip green
2) Showing bullish pattern - H&S, currently in bullish falling wedge pattern
3) Above all MA on daily
4) RSI above 55
5) Greed index increase
6) Golden cross on 4 hours TF
Possible entry : USD 0.6-0.61
Exit target : USD 0.76, USD 0.8, USD 0.9
Showing inverse head and shoulder pattern clearly on daily TF.
Expecting to broke ATH by next couple days
Reasons to be bullish
1) 2 days MACD flip green
2) Showing bullish pattern - H&S, currently in bullish falling wedge pattern
3) Above all MA on daily
4) RSI above 55
5) Greed index increase
6) Golden cross on 4 hours TF
Possible entry : USD 0.6-0.61
Exit target : USD 0.76, USD 0.8, USD 0.9
Note
OXTUSD breakout from the descending channel in 4 hours, breaking the resistance trendline, expecting huge movement of this coin in next few days. Overall price looking good.Note
Reached 0.7 and 0.8, heading to 0.9 shortly
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.