#OX/USDT#OX
The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 0.3100
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.3475
The first target is 0.3990
The second target is 0.4357
The third goal is 0.4811
Oxtbtc
OXT ANALYSIS (4H)The MAV symbol has a bullish structure and we see higher H's and L's.
Under the candles in the recent data, a liquidity pool has formed which may break soon.
The green range is a good place for buy/long.
If it reaches the green range, we enter the buy/long position. Do not use this analysis as a sell/short setup
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
✳️ Orchid Double | Recovery & Bitcoin Correction ConfirmationThe same pattern we just reviewed on the 1INCHBTC chart is present here as well.
OXTBTC prints a lower low but produces no volume.
This lower low is an attempt by the market to look for liquidity before moving up strong.
As OXTBTC moves to recover, BTCUSD moves to retrace.
The next confirmation comes from Stratis (STRAXBTC) whom already went ahead.
What one does, the rest follows... I did mention that the Altcoins vs Bitcoin pairs will have their turn, this is now becoming truth.
Namaste.
OXTBTC - Wedge Ranging for a While. Profits to be had!We can see the price of Orchid has tested it's strong downward trend line on multiple occasions historically, and has been rejected on every attempt.
In reality there's only a couple of months left until this final section of the wedge formation OXT seems to be trapped in finally closes up and the price would then have to find a new natural trend.
This can mean limited profits from lots of markets, but here we're seeing a very healthy 20-30% per swing from top to bottom of wedge, this is huge and you should expect some very healthy and quite predictable profits from this.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
✳️ Orchid vs Bitcoin Is Ready To Grow (Easy 110%)Another pair that is looking good and we even shared a trade for it yesterday is OXTBTC.
Today it moved above EMA100 for the first time since September 2022, it has been battling with this level for many months.
Moving above it is a major bullish development.
The RSI is super strong, the same long-term higher low and there is plenty of room for growth.
Another one... Stay tuned because there is more.
Thanks for your support, it is appreciated.
Namaste.
P.S. The target mapped on the chart is just the easy target, the potential is much higher as usual in the long-term. Please keep this in mind always when reading my charts.
$OXT/#BTC [#Orchid]: Trend_ReversalHey traders, we've identified a Trend Reversal on the $OXT / $BTC chart. The trend of the price has reversed, indicating a potential trend change. The next resistance levels are located at 0.00000443 | 0.00000466 | 0.0000051, while the main support levels can be found at 0.00000399 | 0.00000378 | 0.00000334. It may be wise to consider buying at the current price of 0.00000434 and benefit from the trend continuation.
Technical Metrics :
Current price: 0.00000434
24H Volume: 2.2218 Ƀ
24H Price change: 3.333%
- Pivot Points - Levels :
Resistance: 0.00000443 | 0.00000466 | 0.0000051
Support: 0.00000399 | 0.00000378 | 0.00000334
Indicators recommandation :
Oscillators: NEUTRAL
Moving Averages: STRONG_BUY
Technical Indicators Summary : BUY
- In-depth OXTBTC technical analysis on > Tradingview TA page
What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here
Orchid OXTUSD - Back into an area of interest for me. Traders,
I waited patiently. And now? OXT is finally back into an area in which I become interested again. Over the BLACK ascending trendline is definitely a bullish sign! Now, we do need to see confirmation on the daily. Today's candle should close above that black trendline and then I'd like to see another candle open and close above it tomorrow. But all in all, with the bullish price action I am seeing again in crypto world, I expect this to happen. So, here's what I'll look for:
#1 - We hit resistance at 30.8 cents. Now, I'd like to see a retreat.
#2 - A re-test of our previous resistance, now support, at around 28 cents.
#3 - A bounce from there and continued upward price trajectory.
My entry/re-entry area would be around that 28 cents support level. I'll wait patiently and, should I have some funds set aside, I'll enter there. If the price doesn't retreat to that level? I move on. Plenty of opportunities right now. Can hardly keep up!
Best of luck traders!
- Stewdam.us
OXT to the 50 cent range and beyond?With BTC showing real promise for another run to all time highs, you can expect alts to follow king BTC. OXT is no exception and while messy of a chart (Hey as long as i understand it right?) we can see OXT reaching the .50s once again. I also can see the possibility of it breaking the resistance trend it has been respecting for many months. Crypto rewards the bold and patient, if you are hanging tight, you could be making some serious money on this one -- in my humble opinion.
OXTUSDT Technical Analysis💎 OXTUSDT has broken above the major resistance and triangle. The price can go for a pullback and retest before it continues the bullish move
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 0.5158 - 0.4896
☕️ TP1 0.5493
🍺 TP2 0.5961
🍻 TP3 0.6440
🍾 TP4 0.6907
🍷 TP5 0.7460
🍸 TP6 0.8000
🍹 TP7
🎁 TP8
🚫 SL 0.4862 - 0.4566
Good Luck 🎲
Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a profitable day 😊👍🏻
#OXT Orchid 1D ChartOXT hasn't touched the top of the trend line in over 200 days as shown in the chart. RSI seems to be ready for a nice move if the upside comes. Let's see!
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins