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OXT

OXTUSDT ANALYSISIt is 12th day of this coin it is too early to talk but: Buy at the support line( $ 0,2623) sell at the resistance line ( $ 0,3605) or Find your potential profit lvl and sell it or Try to find EngineeringRobo ' s buy signal after buying this coin watch carefully every signal If you hold this coin don't hurry to sell it watch carefully every signal and find your potential profit lvl or minimum loss lvl and sell it Have a good trade. If you want to use EngineeringRobo please dm me.
by hollyphoenix
1
Breakout coming will it be a move up?The current situation: 1. Price action has been in a bullish symmetrical triangle with the measured move to be about 48.5 USD and the chance of breaking upwards to be 60%. However, do pay attention to the 4HR 200 moving average that is currently acting as resistance to the breakout, There are several moving averages that is under the current price action acting support and a few attempts to break the 4HR 200 have also been tried for the past couple candles, so if a breakout happens, it could break this moving average this time. BTC dominance also has bearish divergence on the 6HR. If that plays out and BTC dominance drops, it will be another confirming signal for altcoins to bounce. 2. There is currently bearish divergence on the 6HR chart and a RSI reading of about 80 for the last high on the 4HR chart. So a strong breakout may be needed to make higher highs on the RSI to negate bearish divergence playing out, otherwise the breakout may be short lived. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. * These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
COINBASE:OXTUSDLong
by CryptoRush_
History has a tendency to repeat itself.I’ve found that chart patterns frequently repeat themselves, and this occurs in all markets, whether it’s equities, forex, crypto, etc. You can find almost identical movement in every time frame. For OXTUSD's chart in particular, you can see a shape that’s similar to an “m” frequently through its down trend. You can spot this throughout the 5-minute, as well as any of the higher time frames. If you zoom out on the chart and look at the daily, we are making the same exact pattern that we made when OXTUSD was first listed. It’s nearly identical. I have the first big run it made as well as the sideways movement that followed overlayed onto its latest big run. So in my humble opinion, I don’t think this is where OXTUSD breaks out. I think we experience some slight downward followed by sideways movement for a while like it did before. ** Please note that I’ve only been trading since March. I am still very inexperienced. The ideas that I post are solely used to help me improve upon my own skills. I like to reflect on my ideas and see what I did wrong and determine how I could have done better. My ideas are not to be taken as financial advice. This is an update to my previous analysis on OXTUSD. **
COINBASE:OXTUSDLong
by CLAIR_V0YANT
8
OXT should break out in a few weeks OXT should break out in a few weeks after this ETHEreum run is over. Safe to buy OXT with Ethe from here on down as it has finally reached the average it had when it started trading. dont get me wrong. I am down 37% on the ethe traded for OXT since the recent OXT top so I do not wish to do that again - but - the basic fundamentals say it should drop further from here give it a week and that will change, OXT has a 50 day moving average that just popped up above the 100 day (bullish) and OXT has not been on the market long enough to have a 200 day MA so that will confuse some technical's.
OLong
by altcoinnerd
Trading OXT: Has topped & headed for full retraceDisclaimer: This is not financial advice High leverage trading is all about entries, you need to have patience and to not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. Our aim is to capture quick & safe profits, not to predict the future, this is possible only if we plan ahead and wait for a good entry. So if you're nervous and itching to open a position then take a few deep breaths and don't trade! OXT seems to have just completed a bullish impulse wave that started on July 2nd and has finalised corrective wave A at exactly the 61% Fib level. For those unfamiliar with Elliott terminology, A is the first wave of an ABC correction. B is next, which also seems to have started. We will have a confirmation of this as soon as we break out of the wedge marked by the red lines. The first target for B wave is the 50% Fib level (0.49), this is a good spot for some high leverage shorts. Shouldn't it hold then the next level 31% Fib level at $0.579. Once wave B is completed then wave C should started. The target for wave C, estimated based on how deep A has been, is around 0.168. This means that should the current formation (which I plan to trade) be confirmed then the price should almost fully retrace the gains achieve since July 2. Right now I will wait for wave B to form and will be looking for shorts in the 50% Fib area first and 32% next. Entry: 0.49 SL: 0.54 TP1: 0.30 TP2: 0.18
GEMINI:OXTUSDShort
by zerobounds
10
ORCHID (OXT) MAY JUST BE GETTING STARTED...After rising more than 6x in a month, and then falling back, many traders think OXT is done. But all good trend followers know this could be the beginning. OXT tried to take out the all-time-high but failed. If it makes another attempt, and succeeds, there will be nothing but clear blue sky above the price, and that means no more unpleasant selling pressure from people who bought at the first peak late last year, then HODL'D, lost nearly all their money and are now desperate to sell at their breakeven point. This is one of the psychological factors that often causes stocks/cryptos to soar once they pass their previous all-time-high. I am waiting for the current short-term pattern to mature and hopefully break out to the upside. If it does, that's when I'll buy, as the risk/reward will offer the possibility of a big win, with my stop-loss ensuring very limited downside.
COINBASE:OXTUSDLong
by GlenGoodman
7