OXT.usd at one of three last supports before complete collapse !
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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
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Zoomed IN (5 min) to see the precise dance around the Support zone before launch
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Note
Still bouncing between fibs .
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