Good morning my much appreciated Cryptocurrency trader, I hope you are having a wonderful morning, a very nice weekend.
When we look at this charts, we are normally very conservative with the targets. Of course, we can do long-term charts and we do, but mostly we share chart setups with the intention of timing and reversal, to call to your attention to the...
OXT is stronger today than most of the other AltCoins
OXT/BTC chart is showing a bullish reversal on the smaller time-frames
about:
Orchid is a platform that enables a decentralized marketplace for VPN service using OXT, a native ERC-20 token for the Orchid protocol. Orchid offers a tunneling protocol, a multi-hop VPN client, a nanopayment
The same pattern we just reviewed on the 1INCHBTC chart is present here as well.
OXTBTC prints a lower low but produces no volume.
This lower low is an attempt by the market to look for liquidity before moving up strong.
As OXTBTC moves to recover, BTCUSD moves to retrace.
The next confirmation comes from Stratis (STRAXBTC) whom already went ahead.
What one...
We can see the price of Orchid has tested it's strong downward trend line on multiple occasions historically, and has been rejected on every attempt.
In reality there's only a couple of months left until this final section of the wedge formation OXT seems to be trapped in finally closes up and the price would then have to find a new natural trend.
This can mean...
Another pair that is looking good and we even shared a trade for it yesterday is OXTBTC.
Today it moved above EMA100 for the first time since September 2022, it has been battling with this level for many months.
Moving above it is a major bullish development.
The RSI is super strong, the same long-term higher low and there is plenty of room for growth.
Another...
Hey traders, we've identified a Trend Reversal on the $OXT / $BTC chart. The trend of the price has reversed, indicating a potential trend change. The next resistance levels are located at 0.00000443 | 0.00000466 | 0.0000051, while the main support levels can be found at 0.00000399 | 0.00000378 | 0.00000334. It may be wise to consider buying at the current price...
The October 2021 support has been activated once more.
When this support level was activated last year OXTBTC went a bullish wave.
Another activation and the same scenario can repeat...
Check the chart for the targets.
Namaste.
Hi 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 .
Hello^ dear friends! If You are searching for grab some shitcoins - You can take a look at OXT! 🧐
For mid - term looks perspective IMHO! Buy into several (not big parts)☝🏻
Levels for buying and taking profits You can find on the chart ♥️
Don't be like a guy from meme, it's pretty risky🤷🏽♀️
Hug everyone 😊
Your Rocket Bomb 🚀💣
hi alt-freaks 🤩
(available in BINANCE-KUCOIN)
i just find this chart last night...
1 - OXTBTC have a nice support in 1W tine frame
2 - RD+ in RSI confirmed by up-trend (strong RD+)
3 - OA pattern ICHI CLOUD confirmed
4 - triangle on RSI
...so i'm buyer on CMP (around 800sats) and GREEN lines and set SL if price close under WHITE line in 1D time...
Went long here. We can define risk at a break below the triangle, the indicators show we should push up to at least the top of the triangle.
Entry: 740 sats
Stop Loss: 640 sats
Target: 940 sats
R/R 2:1
![OXTBTC: $OXT/#BTC [#Orchid]: Trend_Reversal](https://s3.tradingview.com/x/xCREyl6x_mid.png "$OXT/#BTC [#Orchid]: Trend_Reversal")
