OXT Showing It's Quick Recovery Skills

10 мар. 2021 г.

Overview
- Overall BTC punched OXT around a bit but OXT was able to bounce back up. Let's start from the top!

Price Chart
- 1hr chart with price price currently inside a triangle. Price movement could be coming soon
- All MA's are starting to show upward movement which is great to see in case we need one to act as a support

RSI
- I sometimes use the RSI to have a better idea when to enter a trade especially when the RSI bounces off the previous low like this RSI scenario
- Would like to see upward movement, however, it's possible that we could touch the line again and break to the downside

MACD
- MACD is starting to show positive momentum could be coming soon. If the blue line can't get above the red then could see further selling short-term

Daily Chart

- Daily chart looks amazing
- Potential to show long-term positive momentum(PM) (green line= predicted PM top if BTC remains bullish)
- Break above dotted RSI and you'll get real bullish then

Additional Info
- Learn about OXT here: orchid.com/oxt
- OXT Volume: coinmarketcap.com/currencies/orchid/

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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