Overview
- Overall bullish symmetrical triangle forming and upcoming summit meetings(March 23-25) could have a bullish outcome on OXT price. Let's start from the top!
Price Chart
- 4hr time-frame with 20/50/200 MA's included to help indicate future supports
- Cloned the previous "W" formation and copied to current trend, looks similar
- Point on the symmetrical triangle ends where the summit meetings occur so this could have a bullish effect on OXT price
- Range when the meetings occur is highlighted on the chart
RSI
- Obvious declining structure with the potential to breakout
- Would like to see RSI value return to the ascending channel
Stoch
- Last time the value was at these levels price rose 50%
If you enjoyed this analysis or learned something new, please LIKE this idea 👍
FOLLOW for important updates for this coin and helpful 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
- Overall bullish symmetrical triangle forming and upcoming summit meetings(March 23-25) could have a bullish outcome on OXT price. Let's start from the top!
Price Chart
- 4hr time-frame with 20/50/200 MA's included to help indicate future supports
- Cloned the previous "W" formation and copied to current trend, looks similar
- Point on the symmetrical triangle ends where the summit meetings occur so this could have a bullish effect on OXT price
- Range when the meetings occur is highlighted on the chart
RSI
- Obvious declining structure with the potential to breakout
- Would like to see RSI value return to the ascending channel
Stoch
- Last time the value was at these levels price rose 50%
If you enjoyed this analysis or learned something new, please LIKE this idea 👍
FOLLOW for important updates for this coin and helpful 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
