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MoneyGrind
14 มีนา 2021 เวลา 0 นาฬิกา 32 นาที

This Pattern Could Cause OXT To PUMP เพิ่มขึ้น

Orchid / United States DollarCoinbase

คำอธิบาย

Overview
- Long-term OXT remains bullish as March has already been a great month for this project. Let's start from the top!

Price Chart
- Daily Chart for OXT with 20/50/200 MA's shown to help indicate future supports
- Still possible for OXT to be making a large inverse head-and-shoulders (Shown on chart, yellow)
- Could be testing the 20/50 MA's if BTC sees a pullback from its recent run
- Bullish as long as we stay in the triangle

RSI
- RSI is still healthy and would like to see it above the green dotted line soon. Why? Could be the resistance of a triangle in the RSI and if broken, could cause a breakout

Stoch
- Stoch value is high so not the best place you would like to put an entry unless other indicators are telling otherwise. Could see short-term selling before going higher

4-Hour Chart


1-Hour Chart

- I'm a big fan of the red trendline in the RSI, great entries to longs or swing trades. Dotted green marks potential sell if hit

Additional Info
- Learn about OXT here: orchid.com/oxt
- OXT Volume: coinmarketcap.com/currencies/orchid/
- Expand your trading knowledge by understanding the Inverse Head & Shoulders pattern here: investopedia.com/terms/i/inverseheadandshoulders.asp

If you enjoyed this analysis or learned something new, please LIKE this idea so more people can be aware of the possibilities of this coin.👍
Feel free to FOLLOW for for important updates for this coin and trading strategies.🏆

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
MoneyGrind
ความคิดเห็น
cornerseat
YAAAAS! Thanks for another great one, don't know a good thing until it's gone. Ayy ayyy OXT
MoneyGrind
@cornerseat, Can say that again! Hold this coin for a couple years and you'll be glad yah did!
UnknownUnicorn16466101
Straight up through 1.00 and 2.00....or 1.00 retest 0.78 and up to 1.23?
MoneyGrind
@Iaminacult Hard to tell once we're in price discovery mode but nothing wrong with making a plan before things happen!
Sp1d3r3
OXT, GRT, NANO, ATOM, MANA, lets goooooo
MoneyGrind
@Sp1d3r3 Nice deck!
ForecastCity_World
Good job
MoneyGrind
MoneyGrind
Hope you guy's are having an awesome weekend! Let's hope March continues to be a good month for OXT
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