Positive Momentum Returns To OXT!
Overview
- Overall excited for what this weekend will bring. Bullish patterns could be playing out due to BTC continuing to make new ATH. Let's start from the top!
Price Chart
- We are still staying inside the bullish triangle but OXT is doing it's best to break out to the upside
RSI
- Break above the green line and you could be seeing a breakout
MACD
- After a long negative momentum trend, we are finally starting to see some green momentum. Could this be the beginning of another breakout?
- MACD Line(blue) crossed the signal line(orange) which is the same thing that occurred before the previous breakout
If you enjoyed this analysis or learned something new, please like this post so more people can be aware of the possibilities of this coin.
As always, if you're invested in this asset or just interested in the price action, feel free to follow for DAILY UPDATES for useful trading strategies and updates for this coin.
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
- Overall excited for what this weekend will bring. Bullish patterns could be playing out due to BTC continuing to make new ATH. Let's start from the top!
Price Chart
- We are still staying inside the bullish triangle but OXT is doing it's best to break out to the upside
RSI
- Break above the green line and you could be seeing a breakout
MACD
- After a long negative momentum trend, we are finally starting to see some green momentum. Could this be the beginning of another breakout?
- MACD Line(blue) crossed the signal line(orange) which is the same thing that occurred before the previous breakout
If you enjoyed this analysis or learned something new, please like this post so more people can be aware of the possibilities of this coin.
As always, if you're invested in this asset or just interested in the price action, feel free to follow for DAILY UPDATES for useful trading strategies and updates for this coin.
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
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