Traders,
I waited patiently. And now? OXT is finally back into an area in which I become interested again. Over the BLACK ascending trendline is definitely a bullish sign! Now, we do need to see confirmation on the daily. Today's candle should close above that black trendline and then I'd like to see another candle open and close above it tomorrow. But all in all, with the bullish price action I am seeing again in crypto world, I expect this to happen. So, here's what I'll look for:
#1 - We hit resistance at 30.8 cents. Now, I'd like to see a retreat.
#2 - A re-test of our previous resistance, now support, at around 28 cents.
#3 - A bounce from there and continued upward price trajectory.
My entry/re-entry area would be around that 28 cents support level. I'll wait patiently and, should I have some funds set aside, I'll enter there. If the price doesn't retreat to that level? I move on. Plenty of opportunities right now. Can hardly keep up!
Best of luck traders!
- Stewdam.us
I waited patiently. And now? OXT is finally back into an area in which I become interested again. Over the BLACK ascending trendline is definitely a bullish sign! Now, we do need to see confirmation on the daily. Today's candle should close above that black trendline and then I'd like to see another candle open and close above it tomorrow. But all in all, with the bullish price action I am seeing again in crypto world, I expect this to happen. So, here's what I'll look for:
#1 - We hit resistance at 30.8 cents. Now, I'd like to see a retreat.
#2 - A re-test of our previous resistance, now support, at around 28 cents.
#3 - A bounce from there and continued upward price trajectory.
My entry/re-entry area would be around that 28 cents support level. I'll wait patiently and, should I have some funds set aside, I'll enter there. If the price doesn't retreat to that level? I move on. Plenty of opportunities right now. Can hardly keep up!
Best of luck traders!
- Stewdam.us
Dagangan ditutup: sasaran tercapai
Cashing out on this one folks! Congrats to those who followed!
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
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stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.