With the altcoins, we see 20%, 30%, 50% growth in one and we tend to believe that this is might be too much... Too high, the price most drop but, we have to look at the bigger picture to be able to predict how far up an altcoin pair can go...
First, let's take a look at our last OAXBTC trade idea, you can see that it already generated over 60%+ (Shared 17-Aug .)
Now, back to the present, here is the chart:
- We can see over 1,250% profits potential to the last peak/high... This is not even the all-time high, this is the peak that was reached just a few months ago.
- So OAXBTC is only getting started... Now let's take a closer look at the signals for the main chart.
- We have a really strong .
- A break above EMA50 is happening now... This signal is only confirmed when the daily candle closes.
- is still low but going towards the bulls and growing.
- The is now on the zone.
Based on the above signals, OAXBTC is expected to keep on growing.
Conditions for change
As long as OAXBTC remains above EMA10/50, it remains super . If it moves lower than these levels, then the last low at 0.00000605 is the main support. If this level breaks OAXBTC is very likely to move lower... In the meantime, is the norm.
Thanks a lot for reading.