OXT was introduced on CoinBase which caused a hyperbolic rise.
As usual, it is deflating most of the way back down the Fib Stairs.
Now approaching one of the last two strong supports left for bulls.
0.3375-3347 is immediate support zone, and an "average" retrace from parabolic rise.
0.3104-3207 is a wide zone due to several Fibs Clustered within, any one could bounce it.
0.2523-2549 would be the "Impulse Redux", a return to the original launch pad at birth.
My last plot of support caught a decent bounce but then drilled through it:
As usual, it is deflating most of the way back down the Fib Stairs.
Now approaching one of the last two strong supports left for bulls.
0.3375-3347 is immediate support zone, and an "average" retrace from parabolic rise.
0.3104-3207 is a wide zone due to several Fibs Clustered within, any one could bounce it.
0.2523-2549 would be the "Impulse Redux", a return to the original launch pad at birth.
My last plot of support caught a decent bounce but then drilled through it:
Note
Bulls are putting up a good defense at the support zone .
Note
Ignition?Nice spike off support after sitting on it for a few hours
.
Zoomed IN (5 min) to see the precise dance around the Support zone before launch
=========================================================================================
Note
Still bouncing between fibs .
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.