Another Interesting Time For OXTUSDOverview
- Overall, long term I am still very bullish in this coin and haven't even started selling the bag yet. Let's start from the top!
Price Chart
- Readjusted the flag because I wasn't a fan of it and so far price is going well with it
- Added the blue line of my predicted move for the OXTUSD, if BTC pumps or dumps this could easily change this path
- Remember, chance of a dump increases as we continue rising and making new supports/resistances
MACD
- Wanting to see the momentum return back to the green horizontal line as in the past the breakouts occurred when this happened
Stoch
- Could the stoch indicator be indicating another time to buy in before prices rise?
- Could have a short term rise in price
- Last time the stoch value was at a value of 20.0, prices rose by 95%
RSI
- Broke through the green trend line which is not a bad thing as going below the red line is the one we're worried about
- Could we be making another ascending RSI trend? This same pattern occurred before going up 132%
- Added a secondary bounce line in the case the red line is broken as it could be either one if a breakout is to occur
If you guys enjoyed this analysis or learned something new, please like this post so more people can be aware of the possibilities of this coin.
As always, if you're invested in this asset or just interested in the price action, feel free to follow for DAILY UPDATES for this coin.
Would also like to know your thoughts! Remember this is not financial advice, however, it is an overview of what I am seeing in this coin's price action.
-Happy Trading
OXTUSD
OXTUSD: 2H Will probably need bounce soon off 0.55-0.58As above.
Obviously in price correction mode.
Me thinks will need bounce soon with increase volume to maintain up trend we have been experiencing since 0.2 range.
1W RSI looks like it still may have room for some short term gains again but cautioned is warranted right now as nearing ATH range.
Good luck traders!
Make OXTUSD Your Valentine This HolidayOverview
- This altcoin will be having an interesting future as long as BTC does not dump. If your short on time, know that OXTUSD is still very bullish in my opinion and has some more gas in the tank. Let's start from the top!
Price Chart
- Made flags easier to see (with time frame) from starting high to breakout
- Added $0.59 primary support and $0.49 as secondary support
- For the current flag I would like to stay in this area 8-11 days to continue the pattern of breaking resistances and setting new supports
- If you're interested in how I got 8-11 range,
1) I did 6/4 which was 1.5 and multiplied by 20% to adjust for higher volatility from higher prices which = 0.3
2) Added 1.5 + 0.3 to get 1.8
3) Multiplied previous day length(6) by 1.8 to get 10.8 to get longest date
4) To make range, subtracted 3 from 11 to get 8
5) We'll find out if formula will need adjusting in future but an idea is better than nothing
- If BTC does not crash, expect a bounce or breakthrough $1 on the next rise up
MACD
- When MACD line(Blue) passes Signal line(Red), notice that a couple candles away from that crossing, the high was set for the flag.
- Notice that after every time a breakout occurs, the next breakout tends to have a longer consolidation period
- Negative momentum will be seen soon, hopefully in the shape of a "U" like the second flag negative momentum
Stoch
- Could either bounce off of path 1 and have higher prices(In flag) or slowly fall to path 2 which is what I would like to see since the previous declining stoch pattern ended in a breakout
RSI
- Would like to see us bounce off the green trend line for a couple days, then break to the lower red trend line to make that double bottom to help prepare us for a big bounce to $1
If you guys enjoyed this analysis or learned something new, please like this post so more people can be aware of the possibilities of this coin.
As always, if you're invested in this asset or just interested in the price action, feel free to follow for DAILY UPDATES for this coin.
Would also like to know your thoughts! Remember this is not financial advice, however, it is an overview of what I am seeing in this coin's price action.
-Happy Trading
OXTUSD - Still pumping. New target 56 cents!TLDR: Previous post showed our CUP AND HANDLE pattern with target @49 cents. However, OXT does not appear to be finished. Bull flag formation presently occurring. New target = .56 cents.
Hello traders. If you've been following my posts on this ALT and have been trading along with me, then you've done well. I congratulate you on your success.
Though I took profits at 50 cents and closed the last trade (), I have re-entered this trade at 41 cents.
Reason? You can see from the chart, OXT still appears to have momentum. The bears have not been able to reverse this down to previous levels. Resultantly, a BULL FLAG has been forming. If I take the height of the last bull move, clone it, and then estimate an exit from the flag, I come up with a 56 cent target. Not bad!
Let me know if you all are seeing similar trajectories and if you have entered this trade by commenting below.
As always, I wish you the best!
OXTUSD: 2H careful... possible bear flag forming ...?? Did Elon take the bull out of the ALTS like OXTUSD today ????
Caution, looks like 2H forming a possible bear flag.
Will have to see if this short term chart pattern plays out with break of bottom trend line or is this a fake out? Will need to break out above 0.438 for possible uptrend to continue.
Good luck traders!
OXT looks juicy In this kind of setup the pumpamentals are high enough
Rsi is on oversold levels
Pattern making a bull Flag
Needs a breakout
Tried breaking 2 times but retraced
Fundamentally
one of the least market cap on Coinbase
The Recent events pushing for Internet privacy could be a +ve sign for OXT
their vitrual confrence priv8 on march 6 also could be a big blow
Signal
Laddering buys around 0.35-0.36
S/L at 0.28
Tps at 0.42 0.48 0.51 0.77
0.48 to 0.51 i am expecting atleast
will be taking a position of $2000 here and HODL for sometime
OXT Orchid If price can break out of the triangle, we might be able to land on moon and if you are overly optimistic we could land on Mars too.
Nice rounding bottom, great price formation below the resistance itching to break out. Fib ret zone can act as price targets.
Will there be a catalyst to ignite the move? NO! I read through their website to see what they do and came to a conclusion that its a shit coin, garbage is to be treated as garbage. There is absolutely no reason for me to want to own it. You trade garbage but you hold assets.
OXT.USD (Y21.E1.P1).3 Rising ValliesHi,
Still feeling crap...just had my first Covid test and came out negative, now I can see a doctor for my viral sickness, soar throat, flem, fever ... etc.
Here we have a setup detected by Mitch Ray, so I thought I share it.
The setup shows areas of clear support, with double bottoms at value areas.
All the best,
S.SAri
A example.