OAX/BTC (Retest 200D MA?)

6 thg 7, 2020

OAX/BTC

-after the price pump, almost 900 sat
-the coin already retraced -30%
-I have highlighted the chart where potential buying entry
-this area of support also coincides with the 200D MA
-I suggest entering a bounce trade idea only reversal sign is seen
-the upside bounce target is up to 700 sat
-btw if the price pierced below 618 fibs, avoid it and reassess