Orchid
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OXTUSD - BULLISH FORMATION - INVERSE H&S 14-3-2021

Actualizado
OXTUSD

Showing inverse head and shoulder pattern clearly on daily TF.

Expecting to broke ATH by next couple days

Reasons to be bullish
1) 2 days MACD flip green
2) Showing bullish pattern - H&S, currently in bullish falling wedge pattern
3) Above all MA on daily
4) RSI above 55
5) Greed index increase
6) Golden cross on 4 hours TF

Possible entry : USD 0.6-0.61

Exit target : USD 0.76, USD 0.8, USD 0.9


Nota
OXTUSD breakout from the descending channel in 4 hours, breaking the resistance trendline, expecting huge movement of this coin in next few days. Overall price looking good.
Nota
Reached 0.7 and 0.8, heading to 0.9 shortly
Fundamental AnalysisTechnical IndicatorsTrend Analysis

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