Orchid | Making The Right Choice, Profits & Growth (200% BU-Pot)My fellow traders, I hope this Tuesday is treating you so nicely and so great that you may feel inspired to make the right move. To make the right choices because the market is wide and varied and everything goes.
We are seeing some altcoins moving sideways, we are seeing cryptos literally crashing while we are seeing many, many going up. But these "going up" are tricky so we have to make the right choice.
I hope that these charts that I am sharing can help you in your decision making. But also remember to do your own planning and thinking before trading.
Alright...
We are looking Orchid (OXTBTC) on the daily timeframe.
The chart is nice, beautiful and clean.
The fractal is a consolidation pattern and a major low.
We have the low in July 2023 that led to a bullish wave; now we have a major consolidation pattern and lower low that is surely leading to a bullish wave.
This is the classic "bullish lower low," which means that the fact that the low in July 2024 went lower than in July 2023, tells us that sellers went all the way and found liquidity. After the bearish wave comes a bullish wave.
This is good long-term as all the other pairs that I am sharing but this setup can also be used as a "get in and get out" type of trade.
I'll let you figure out the rest as I have more to show you.
Follow my profile, I am writing for you every single day; non-stop, forever, more and more.
Thank you for reading.
Thanks a lot for your continued support.
Failure is only temporary defeat and if you fall down, stand back up.
Life offers endless opportunities and we can use the hard moments to build character and grow.
We will do great in 2025.
The market is set to grow.
Namaste.
OXTBTC trade ideas
โณ๏ธ Orchid | Trading My Charts, Basics & 175% Bullish PotentialGood morning my much appreciated Cryptocurrency trader, I hope you are having a wonderful morning, a very nice weekend.
When we look at this charts, we are normally very conservative with the targets. Of course, we can do long-term charts and we do, but mostly we share chart setups with the intention of timing and reversal, to call to your attention to the opportunity...
โ Once you have a good entry, the rest is easy.
โ Once you buy in low, after the breakout the rest is win.
So don't worry nor focus about 100%, 200% or 300%, but rather on the fact that the current price is low and there is huge potential for it to go up.
Patience is needed of course. While some pairs can move fast within weeks or days, most of the pairs take months to reach their targets and this is normal but as the bullish wave develops, as the market phase develops, excitement builds up and fast movement is possible but should never be the aim nor the norm.
If you visit my profile you will notice that most of the trade ideas go beyond target, the most recent example being STORJBTC. Keep this little fact in mind for your planning... And do plan, because it is the best way to maximize potential profits when we trade.
And do plan, it is worth it. If you invest time in your craft, you are bound to do great.
Orchid is now trading above EMA200, EMA100 and EMA50 after a series of higher lows.
The bottom was hit in July, so that's six months of bullish consolidation before the major jump shows up.
If we keep a positive mind and focus on a positive mentality, even when it is inevitable to make mistakes and going through the pain of being wrong, persistence will always win, dedication yields results.
This looks like a good pair.
Targets/resistance are mapped with green.
Support levels are mapped with orange lines.
Targets above the current price.
Support levels below.
It can go in any direction, market conditions can always change... With that said, we predict the next movement will be a raise.
Namaste.
OXT Targets and SignalOXT is stronger today than most of the other AltCoins
OXT/BTC chart is showing a bullish reversal on the smaller time-frames
about:
Orchid is a platform that enables a decentralized marketplace for VPN service using OXT, a native ERC-20 token for the Orchid protocol. Orchid offers a tunneling protocol, a multi-hop VPN client, a nanopayment
โณ๏ธ 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! :)
โณ๏ธ 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 ษ
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!
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Orchid (OXT) formed bullish Gartley for upto 32% moveHi friends hope you are well and welcome to the new trade setup of Orchid ( OXT ) with BTC pair.
Previously I shared a long-term trade setup for OXT , which is still in play:
Now on a short-term 4-hr time frame chart, OXT has formed a bullish harmonic Gartley pattern .
OXT/USD vs OXT/BTC ๐ฑHello^ dear friends! If You are searching for grab some shitcoins - You can take a look at OXT! ๐ง
For mid - term looks perspective IMHO! Buy into several (not big parts)โ๐ป
Levels for buying and taking profits You can find on the chart โฅ๏ธ
Don't be like a guy from meme, it's pretty risky๐คท๐ฝโโ๏ธ
Hug everyone ๐
Your Rocket Bomb ๐๐ฃ
ORCHID ๐ฃhi alt-freaks ๐คฉ
(available in BINANCE-KUCOIN)
i just find this chart last night...
1 - OXTBTC have a nice support in 1W tine frame
2 - RD+ in RSI confirmed by up-trend (strong RD+)
3 - OA pattern ICHI CLOUD confirmed
4 - triangle on RSI
...so i'm buyer on CMP (around 800sats) and GREEN lines and set SL if price close under WHITE line in 1D time frame,...as always TP on RED lines
"" i'll update in lower time frames below this idea ""
#NFA
#DYOR ๐๐ฝ๐๐ฅ๐พ
OXT/BTC Daily - Long - Potential Cup and Handle forming (+35%) 1. OXT/BTC looks good
2. MFI slowly crawling up
3. Phoenix indicator shows upward potential soon
4. Depth of the Cup correlates with Fib retracement
5.Most important: Volume is increasing
Textbook says buy after handle breakout, but i think OXT/BTC is in general looking good for an uptrend, also without the cup.
PLEASE DISCUSS - OPEN TO CRITIQUE
Orchid (OXT) Aims Higher (115% Possible + More)OXTBTC (Orchid) is now strongly bullish and can produce additional growth.
Here we have prices moving above all EMAs, a bullish MACD and a really strong RSI>
These indicators and signals support additional bullish action for this altcoin trading pair.
Note: The prices are always moving... The charts can always change.
Make sure to build your own plan/strategy before you trade.
Wishing you great luck, health, wealth, & success.
The Altcoins Market Will Continue Growing!
Namaste.