OXTBTC Prints Reversal Candle

OXTBTC just printed a strong reversal candle if we go by "candlestick reading".

Notice the strong candle yesterday, November 18.

This candle is really high volume to close above EMA10 and we have a higher low compared to the candle that was printed a few days before.

When we put these two together, the chances are high that after consolidation, we get to see a price jump.

Conditions for change
If prices for OXTBTC break and close below the red dashed-line (green space), this chart analysis is invalidated.

Trading above this level = bullish. (Green arrows)
Trading below = bearish. (Red arrows)

Namaste.

Commento:

+33% and growing.