OXTUSD trade ideas
OXT to the MOON GUYS dont complicate the trade we have ascending triangles all over the place take advantage of them,
i gave you 6 winning trades in the last few days, took one on xlm right now 5% gain, the only loser i had this week was ethereum classic,
OXT watch when it break the ascending triangle, you ONLY buy when we break previous high and clear the order the bigger order in the book at this high, dont over complicate it,
entry : $0.1921 +/-
stop: $0.1638
target$0.23 and $0.2575
risk/reward 2:1
stop over complicating it
be safe traders
Smaller Cap: OXT Channel BreakoutOXT has seen a channel breakout dating back to late 2019. This coin has dropped a lot and may see a break through to the 22 cent resistance area of the descending triangle that caused it to drop so much. You may recognize this pattern from Bitcoin's 2019 run, and it's called a BARR or Bump and Run Reversal. As long as OXT closes 2 dailys above the channel I see it as a breakout, it is also listing on many new exchanges. I normally don't involve myself with lower market cap coins anymore, but this one has unique potential!
That will be all for this Orchid analysis!
As always friends, I wish you good luck trading!
And thank you for supporting me.
-Trader Demo
Orchid listed on both Gemini and Bittrex today!Lots of excitement (and volume) with these two new listings in one day.
Is it time for OXT?
OXT DAILY NOTHING TO SEE HERE..... Very simple approach to this analysis.
OXT attempted to retest support established Dec 18th, 2019 on January 31st, 2020. Although we got very close we didn't actually reach that price level before we had an impulse. We rejected off a major trend line and have now printed a lover low (lower than Jan 31) and have actually tested the all time low price level! This is potentially a double bottom off the ALL TIME LOW currently in the making. We have seen a bullish response already. I believe in due time there is much more to come. These little tiny companies are soon to be injected with cash from all over the world all at the same time. Don't ask me when, that I do not know. But information will be shared along the way... I don't see anything stopping a major crypto impulse in the next two years.
Stochastic RSI breaking into Bullish territory
Mac D is in the negatives - massive potential here cannot express that enough in the macro timeframe.
Guaranteed Price Gains Would Be Nice But Remember, Remember.... This Is Not Financial Advice ;)
Is someone secretly filling their bags with cheap OXT??Looks like it may pop the year long resistance line.
OXT New Coin Little Price History.. Future Giant?OXT with its little price history offers added risk but increased reward if things turn bullish. If RSI can break above oversold territory I would expect a move to retest resistance at he 50 day MA around 0.285. Volume looks ready for a large spike. At the time of this post OXT market cap is 17.5 million. Will follow up as trend progressed & at the end of the year to see where we are.
OXT, COINBASE, You're time is near my good friendWhat up financial amigos!!! Not sure why I have such an infatuation with this coin, must remind me of that bitchy girl I liked in high school. But, as they say, every dog has it's day, and honestly, when this picks up I can see it being worth mucho mucho. Especially if/when binnance and other pick it up. Gemini now allows custody for it, which is great sign of things to come.
As we've seen over and over, almost every coin has it's pump time, and we've seen recent large pumps on many others in the last 1-2 weeks, but not this one. Rather, it's been slowly and steadily building higher, which is unusual in this particular coin-but also a good sign I think. Other indicators look nice, 4 hour just closed above hard resistance. Volume picking up, at least enough to knock the current large holders from their regular nonsense dumping games, temporarily I imagine. Long story short - looking for a pump soon, or preferably before this coin turns me totally gray or fast enough so I can get back to work and stop looking at these graphs.
Be honest, can't you see yourself scrolling thorough the prices within next 24 hours, seeing OXT +25% and going, "shit yea, I should have bought that! It was time."
Well I do.
On a side note, Told you all in prior posts (and I really do hate braggers, not trying to), but I called the bottom in 2019 (within 2 days btw), called the massive BTC pump in late Oct when all the experts were predicting doom and sub 3K. Death cross oooo nooo, golden crosss ooo yea - it's all nonsense really, sentiment moves markets, and lots of money/whales of course. Whales have plans set for months/years/even decades that either create these types of crosses or manipulate the emotions resulting from them.
In last post, I called for BTC to run big at start of this year...and once again, Calling it, it's finally time for BITCOIN and all the other major coins to run, and run big they shall. Might see a quick dump at some point in near future (1 day - 2 months) down to 8500, but I would say odds are more likely to see 30K before 5K or even sub 8.5K (in my humble opinion)
Who would have thought a massive virus would put a stop on this (current phase) of wallstreet greed and unhealthy profit building...this guy.
Strap in ladies and gents, its finally time for us moon boiiisss to get our lambos (or Mercedes GLK AMG blacked out).
OXT Setup On The 4 Hr With the recent market sell off price action fell below the symmetrical triangle it was trading in. Price also fell below all the moving averages following a recent golden cross. Stochastic RSI showing signs of strength with a bullish cross from the bottom of the bearish zone. There was a death cross on the 1hr chart which has since printed a higher low. Potential to break this bearish trend lies in the hours ahead. Bullish action need to prevent a death cross on the 4hr. My stop loss would be around .263 cents if I were attempting to swing trade this.
Not Investment Advice.
OXT.usd Picture Perfect 4.236 wave, now a Retrace RoadMapOXT painted a Picture Perfect 4.236 Impulse wave.
Most common retrace is to the 2.236 extension.
But current ABC structure implies 1.618 retrace.
It is POSSIBLE that retrace is done.
It is LIKELY to see one more leg down.
It is PLAUSIBLE to drop into Accumulation.
$ 0.3059-69 is immediate support, might hold.
$ 0.2865/92 should be Very Strong support.
$ 0.2745/91 could be Re-Accumulation zone.
The " Impulse Cores" are the most focused power zones.
The numerous " Pings " confirm the relevance of each fib.
The birth move implies anther Golden Growth wave possible.
Previous Analysis: (click links below)
25 cent Retrace Map
37 cent Target Map
22 cent Bottom Call
Parabolic Launch Map
Orchid now has a published circulating supply There are roughly as many OXT in circulation as there are Litecoin; this is a good thing IMO--OXT is much more scarce that LINK, XTZ, or ATOM.
There is a lot of medium and long term growth potential here, combined with a fantastic use case and fundamentals.
The RSI and MACD look good, and the price appears to be about to break up above the 0.236 fib in the next day or three.
This is one of those coins where I can see in the future cursing myself for selling it.
$$$ OXT MARKET CAP VALUATION $$$OXT 1HR Chart
Horizontal Support & Resistance On Chart
Volume: light=buy dark=sell
Currently in an symmetrical triangle on multiple timeframes. Stochastic RSI is making bullish higher lows after reversing off the bottom of bearish zone.
Short climb to ATH's.
Coinba$e...
MARKET CAP DETAILS
Market Cap $20,645,137 USD
Volume (24h) $5,484,984 USD
Circulating Supply 65,807,277 OXT
Total Supply 1,000,000,000 OXT
Rank 260
Rank just jumped from >2000 to 260.. call it a nice start :)
Not Investment Advice
Orchid OXT Bullish Divergence on 3hrLittle bit of Bullish Divergence here on 3hr chart. Stoch RSI also in oversold conditions. Eyes on the $creen mind on the market.
Not Investment Advice.
Orchid OXT Stochastic RSI Showing Strength On 4HR Beware: Lower high has been established in price action.
However, 4 HR stochastic RSI showing strong rejection from oversold conditions with a bullish cross on the 3day over the 14!
Micropayment & decentralized privacy networks have massive potential value in the future global economy....
$100,000,000,000 market cap (macro multi year potential) = $100 a coin.
USD will prob have a much different valuation by then so who really knows anyways? But hey, I hope your having a great moment in your life wherever you are in the world... embrace the moment and enjoy that breath giving you life.... best wishes!
OXT TargetsIf this coin is in a bull run, here are some targets based upon confluence of several Fib retracements/extensions/projections.
Thanks,
up and up ??just a random thought hopefully this is the ascending line it follows , what you guys think ??
