OXT Up 10.86% From Base PreliminaryOXT has netted me 10.86% gains from a 3.144 base preliminary I made yesterday, after a series of DCAs I made on the way down (yellow rays), beginning at .3268. I expect this swing to keep climbing after a series of tests and retests and minor corrections peaking around the 1.618% Fibonacci level where I'll consider liquidating my position after taking profit at each fib zone on the way up. Wishing everyone prosperous and safe swing trading -- Jalapablo
*Professional Wyckoffian VSA crypto swing trader (since 2017). I regularly seek out the most lucrative swings on all the major exchanges.
All my charts are clean, straightforward, and easy to follow. No junk, no needless indicators, just solid volume spread analysis ( VSA ) and 'take-the-money-and-run' Fibonacci target zones.
I go after the runners and big money. My win rates are between 80-85%. Follow me on TradingView and see for yourself.
I review over 300 coins & tokens daily and handpick all the runners myself (no bot signals).
** Not financial advice. Trade at your own risk.
OXTUSD trade ideas
OXTUSD Entering Bullish ChannelHi all,
Was just speculating about more altcoins and stumbled upon COINBASE:OXTUSD . A few days ago it went through a long positive run and just got out of a retracement today. The moving averages spell that it's time to buy in my opinion. We could potentially see the price rise to $0.49 or more in the coming day or so. Let me know what you think in the comments!
David
OXTUSD Orchid Next Stop .6137Simple charting here friends. After we hit our last target of .48 cents , we now must begin looking for a re-entry. Personally, I have chosen to re-enter most of my trading funds on OXT at .44 cents. That being said, there are two levels below me that are still a target-down possibility. The first one exists at .4272 and is, of course, more likely to be touched. The second is down at .4073. This is a more aggressive re-entry. I would not place my bets on anything below these two. Obviously, it is possible. It is just not a good bet at this point, IMO, because this market has turned very bullish once again.
Once we have re-entered, where can we expect to go?
Well, my thoughts are that we'll likely break above our 200-day moving average (RED LINE ABOVE). Past resistance will become future support. At this point, our target will become that PURPLE down-trending line. As with the 200-day, we may hit our heads on this resistance another time or two. You can see, we've already done this once (yesterday). But, the 200-day will be coming up under us at this point and provide valuable support. This will help us to break out and above the PURPLE down-trend resistance, which will now become support.
At this point, it is clear sailing. Though we may hesitate after the breakout and come back down to test our PURPLE support, at some point we will take off, rather rapidly, to target our .6137 mark.
I will be setting my limit orders for various price points around this area.
All the best traders!
OXTUSD Orchid Next Stop 200 Day MA .47 Cents!Really quite simple. OXTUSD currently trending up. About to break above major accumulation area (currently resistance) that is ranging on the 4hr chart between .3637 (purple line) and .3773 (black line). Past resistance will become future support. But once we break this resistance area , I believe we'll go to the 200 day moving average pretty quickly (like within hours). The 200 day ma currently is priced at .4743. I would suggest a good range to target with this next surge would be anywhere from .46-.48 cents. Once hit, we will probably come back down again. Maybe all the way back down to the .3773 support. Looks like some good trading ahead friends. Have fun with this.
As always, I wish you all the best.
AT CryptoScan: OXTUSD - the flower amongst the thornsI don't know if many actually noticed this, but I did... and I think we are sitting on an explosive diamond that is yet to be polished. Orchid, the OXTUSD, has very interesting technicals that tell an interesting story, at least to me.
You see, the VDC5 (Volume DChann 5) indicator that I created, tracks the velocity of change of the volume 5 moving average. This is an arbitary indicator that has not yet been correlated with the rate of change in price, but is good enough to see underlying trends IMHO.
Since OXTUSD chart is pretty new, we look at the 4H chart...
Note that previous spikes which turn into significant trend, is accompanied by VDC5 spikes, and major uptrends follow. These VDC5 spikes were previously 2-3X from average, but the recent spike is about 10X!
Something is up with OXT, and I think it is already warning of a massive take off in months to come!
Looks like we are in for an upside moveif we can close the daily out, which is in about 20 minutes, above the .2855 we will be starting into an uptrend. My guess is we will hit a little resistance between .35 an .40 depending on timing of reaching the top of the rising wedge. Who knows we may even break through it. Just have to look for the signs. Just my current take on the short term. maybe you all agree or disagree. Drop a comment with your thoughts on it. (this not financial or trading advice)
Entry add-on OXT @$0.32 Target@$2.60 Sept 4,2023Orchid Token
Entry add-on OXT @$0.32 Target@ $2.60 Sept 4,2023 Long Term
Entry add-on OXT @$0.30 Target@ $1.30 Nov 21,2022 Short Term
Bought 25,000 out $0.25 Target@ $2.60 Sept 4,2023 Long Term
Bought 25,000 out $0.20 Target@ $2.60 Sept 4,2023 Long Term
OXT is a fork of Ethereum (ERC-20 ) digital currency used to exchange
value on the Orchid network. Orchid provides the best crypto powered VPN
by harnessing the power of blockchain technology to ensure digital privacy.
Circulating Supply 591,544,728 / 1,000,000,000
Project Website: www.orchid.com
Binance.us Exchange: www.binance.us
Note: Ideal Re-entry price $0.36 or below....
OXT - Is it going to break down lower?OXT is used for some VPN payments. Who uses it and why - I have no idea but everyone keeps telling me crypto is changing the world for the past 7 years. As I look around, we are in exactly same spot - nothing is changed, just more coins with more applications, higher prices, melted ice caps and purple haired goblins pushing liberal decentralized agenda everywhere.
I am buying it today because the world is changing and I dont want to have fun staying poor. I am not even sure if I want to have any fun until this thing bounces.
oh!! And technicals, dont forget, technicals and charting is where its at. To the moon! (not! it will probably be flat for the next few weeks).
Here is how you make money, the ultimate formula to your success - "BUY LOW SELL HIGH". It works, every time, I tried it, trust me.
PS: Tech gods - Please bring Trump back on Twitter. Its not the same without him.
Update - OXT Long - Massive Upside Gains coming WeeksOXT past fractals seem to symmetrically align with serious upside. This is undervalued and disserves a major breakthrough in the coming days. $1.00 - 1.25 in the next couple weeks.... $2.20-2.50 middle of August. I believe. DO you?
Buy Opportunity. Long.