OXT
All in on OXT and here is why!Descending wedge with a measurement right to the top trend line Tracking the peaks. This is too perfect to be true. Can this happen during such an oversold market with FUD running rampant? Well, it wouldn't be the first time OXT took off out of no where to $1 leaving everyone on Coinbase with level 10 FOMO. While many people are speculating that BTC can see prices somewhere near 10 to 12k, there are pretty valid arguments that have been made suggesting 20k is likely the bottom. Ironically enough, BTC is also showing the same type of descending wedge on its daily chart. If BTC goes up, it would further incentivize OXT to take off with the upmost aggression.
I will also mention that at the current prices, we could be seeing a perfect level to make massive gains in the months to come. The market will turn tides and when that does, OXT will almost certainly plow through into, what i predict to be around .50 cents mid term and .80 cents to $1 long term.
OXTUSDTHello Trader
#OXTUSDT has a good potential for growth from this zone that you should not miss.
It is rallying around the demand zone,
Holds the support area well
Expect a short term rally from here,
Good to buy something here
🎚EP: 0.1955
✅TP1:0.22
✅TP2:0.245
✅TP3:0.266
✅TP4:0.3
✅TP4:0.36
⛔️SL:0.0.163
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OXT bullish scenarioOXT at the moment is extremely oversold i believe that we can see a push upwards at any moment. Depth charts show that there isn’t much resistance in order to make it back to the .20 cent level minimum. At the moment, OXT is showing a bullishly biased ascending triangle and if we can break the trend line and close above, we could be in for a decent return to normal levels as seen in the last few years.
OXT Getting ready for LIFT OFF!OXT is an interesting coin in that the charts have always been a little easier to read than most others. OXT is currently in its low ends of the price spectrum, which means people are scooping up coins prepping for the next run up. OXT tends to shoot up out of no where and as you can see in the chart, it seems to pop up roughly every 8 months. If this cycle continues, we may be in for a serious pump here soon. Could we see a pump to .50 cents or could we see a pump to $1 as it has done already in the past? I have a feeling that soon, and by soon i mean in the next month or two, we may be a huge rally on OXT.
OXT to the 50 cent range and beyond?With BTC showing real promise for another run to all time highs, you can expect alts to follow king BTC. OXT is no exception and while messy of a chart (Hey as long as i understand it right?) we can see OXT reaching the .50s once again. I also can see the possibility of it breaking the resistance trend it has been respecting for many months. Crypto rewards the bold and patient, if you are hanging tight, you could be making some serious money on this one -- in my humble opinion.
Orchid Long-Term Chart (135% Potential Profits)Here I would like to call your attention to two different types of signals.
We have the reversal candlesticks in the form of Dojis, High Wave Candles, Hammers and Inverted Hammers, these are all marked purple.
We also have the test of "strong" support.
Each time the strong support level was tested a new bullish wave developed. (1 & 2).
Now (3), we have a Doji that bounced from this same support level and then another one.
This tell us that the potential is really good for another bullish wave.
How To Trade?
A close below the strong support level would be the stop-loss, this is how the trade fails.
Any trading above the red dash line and we are super bullish, aiming at 100%+.
That's it... Pretty simple, right?
If not just keep practicing, the more you practice the easier it becomes.
Namaste.
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 .
🆓Orchid (OXT) Feb-14 #OXT $OXT
$0.24 zone is the nearest support of OXT that we can buy in. However, if it loses this zone, we will wait to buy it back at $0.18
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.24$ zone
🔴Buy : 0.24
🔴Sell : 0.3 - 0.36 - 0.42
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.24$ zone
🔵Sell : 0.24
🔵Buy : 0.18
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
OXT BottomI'm currently speculating on the OXT bottom and if history is an indication, it usually bottoms out somewhere around 19 cents. Could we see lower? As you all may know, anything is possible, but i believe that if you stick to the 19 cent range, you can't go wrong. I think we can totally see this price again especially because BTC has a lot to go before it reaches, at least what i consider a good price to find support (30K).
Orchid (OXT) Geared Up After Leaving Another ChannelHi friends hope you are well and welcome to the new update on Orchid ( OXT ).
Broke out channel:
On a daily time frame, since 10th Nov 2021, the priceline of OXT was moving in a down channel. Finally on 16th Dec it has broken out the channel. Now there are two major resistance levels, 1st is at $0.5750 and the second is at $0.7260. We can also set these levels as our sell targets as well. There is also very strong support at $0.3650, which can be used as a stop loss.
Broadening wedge and weekly oscilltor:
On weekly chart, OXT has formed a broadening wedge formation and now getting bounced by the support. The stochastic oscillator is also getting out from the oversold zone. This time there is a high probability that the OXT we again set another higher high.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Great long setup on OXTOXTUSDT is currently trading at great support and has been in this rising wedge for the last couple of months. It looks to be a solid entry point with nice return potential if support holds.
OXTUSDT Technical Analysis💎 OXTUSDT has broken above the major resistance and triangle. The price can go for a pullback and retest before it continues the bullish move
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 0.5158 - 0.4896
☕️ TP1 0.5493
🍺 TP2 0.5961
🍻 TP3 0.6440
🍾 TP4 0.6907
🍷 TP5 0.7460
🍸 TP6 0.8000
🍹 TP7
🎁 TP8
🚫 SL 0.4862 - 0.4566
Good Luck 🎲
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