Oxen (OXEN) Long Term Trade Idea

Oxen (OXEN) is an intriguing privacy project that has been well discussed by Mr. P in reference to the Session private messenger and has long been on my list for long term trade ideas. I will not be going deep into the reasons why it is a great project at this time.  Everyone can do their own research by following the link above and get to know more about it.

 

TradingView KuCoin OXEN/BTC weekly linear chart

OXEN/BTC is showing a long term double bottom with improving technicals and volume increases that now makes it a candidate for a long term entry.

Trade Idea: Enter OXEN/BTC for longer term trade. Exit 50% of position when it doubles, hold remaining for long term. 

TradingView KuCoin OXEN/USDT weekly linear chart

OXEN/USDT is showing a potential double bottom with improving momentum indicators and increased volumes.

Trade Idea: Enter OXEN/USDT for longer term trade. Exit 50% of position when it doubles, hold remaining for long term. 

Good Luck, Good Trading!