Break Through This And OXT Is Set For ATH
Diupdate
Overview
- OXT is beginning to show some bullish price action that could lead to an even bigger breakout. Let's start from the top!
Price Chart
- Bounced off of $0.74 which isn't terrible but never good to bounce off resistances multiple times.
- Break $0.74 and great things will happen. Could easily see $0.85
- Created a channel that OXT could follow through before we see another breakout (Dashed line could be the place price bounces or it could be the solid yellow)
Stoch
- Looking like the yellow trend line was useful as the stoch value bounced off of it and appears to be in a channel as well
RSI
- Have a channel that the RSI has been bouncing in, could see a drop in RSI which would lead to temporary lower prices before another breakout
- What the daily triangle pattern looks like, thought it was interesting and has some "big picture" value
- Also what'd I'd like to see the price do. Don't worry about the time frame moves.
- If a breakout were to happen, could happen before we reach the end of the triangle pattern
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
- OXT is beginning to show some bullish price action that could lead to an even bigger breakout. Let's start from the top!
Price Chart
- Bounced off of $0.74 which isn't terrible but never good to bounce off resistances multiple times.
- Break $0.74 and great things will happen. Could easily see $0.85
- Created a channel that OXT could follow through before we see another breakout (Dashed line could be the place price bounces or it could be the solid yellow)
Stoch
- Looking like the yellow trend line was useful as the stoch value bounced off of it and appears to be in a channel as well
RSI
- Have a channel that the RSI has been bouncing in, could see a drop in RSI which would lead to temporary lower prices before another breakout
- What the daily triangle pattern looks like, thought it was interesting and has some "big picture" value
- Also what'd I'd like to see the price do. Don't worry about the time frame moves.
- If a breakout were to happen, could happen before we reach the end of the triangle pattern
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
Catatan
Closing above $0.7132 would be extremely bullish as this would be higher than the closes on the previous breakout. 15min left on the 4hr to confirm this.Catatan
We did it folks. Closed @ $0.7167 on the 4hr which is above the previous breakout close of $07132. Make sure to have your flight suit near
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