OXT Buy limit @0.46/0.40 Target @$1.30 Date Dec 31, 2021Orchid Coin
OXT Buy limit @$0.46 Target @$1.30 Date Dec 31, 2021 Short Term
OXT Buy limit @ $0.40 Target @$2.50 Date Dec 31, 2021 Long Term
Orchid is a global, decentralized network of VPN service providers.
You use the OXT token to buy bandwidth on Orchid for private internet browsing
Launched in 2014 and originally built on top of the Bitcoin blockchain,
each unit of Tether (in theory) represents a dollar held in a bank.
OXT has a supply of 1,000,000,000 (1 billion) units.
There is no inflation, but the possibility for deflation.
Project Website: www.orchid.com
Coindesk OXT www.coindesk.com
OXTUSD trade ideas
$OXT. Room to grow makes it unpassable.$OXT has been underperforming compared to the rest of the crypto-market this year. In a market where almost every coin has had it's time in the sun you almost can't pass up on the coins that haven't seen 1000% growth on the year.
The price action is a little sloppy, but the potential for going 3x or 4x from where current price is makes it impossible for me to keep it out of my active holdings. Missing a 3x or 4x-er is the same as having 4 positions go to absolute 0. This is a numbers game.
ORCHID/USD On the move!Potential for a higher price move if volume picks up.
Following up from previous price jumps i have predicted for a potential rise to the 1.04-1.05 region.
MA looking strong. MACD and RSI show bullish momentum as well.
Thanks for viewing! This is not financial advice.
Charting Works! OXTUSD Target .85 CentsI know, I know. I haven't always gotten it right. But, by and large, my understanding of technical analysis has helped me to net gobs of profit. Here's an example of my most recent trading activity on OXTUSD (which I still believe will hit $1.25+ before this year is over).
Notice how my first trade noted on the chart was a stop out. Always, always, always put your stops in kids. This is both a smart and humble approach to trading. It is like saying, "In case I am wrong, I will sell here". And then the machines automagically do the work for you. This was what happened to me the first time. The rest you can see on the chart.
A nice cup and handle has now formed on this chart. My bet is that we move to .85 cents area rather quickly. I am guessing before next weekend.
Don't be greedy. Take those profits along the way. And always put your stops in!
Happy trading friends.
ascending channel ideajust the thoughts of a complete newb. I marked the upper,lower and middle range of the current channel OXT is in. Spends a lot of time in the lower half consolidating with brief spikes to the upper line. Only to then fall back to the lower line. wash,rinse,repeat. If the distance between the last two upward spikes is any indicator, the next one should be in about 7 days. I think if we can get above the middle line and hold there before going to the upper line it may break through the upper and then its go time. failure to do so will make it harder to break out. sideways at best if it fails.