Orchid (OXT)

$OXT is a small coin with irregular trading activity, which makes analyses harder.
It is at all time lows with no bullish structure in place.
This means we have to look for signs that the bullish structure started.

Last weeks mega pump definitely can be attributed to it being a 3rd wave and the chop afterwards makes a lot of sense as a fourth wave.
That means: If we get another wave up here in Wave-(v)🟣, a first impulse might've formed.

A first impulse is what lays the foundation for higher prices.

The Orchid Response

Coordinating the response to the Orchard pool vulnerability required Josh Swihart's team to work around the clock for multiple days with mining pools, exchanges, and infrastructure operators, including video verification calls to prove team members had not been compromised.

He compared the scale of the coordination to Bitcoin's 2013 accidental hard fork, where mining pools coordinated via IRC to roll back to a previous software version.

Living the work is what makes it work.

Bitcoin Takeover S17E28 With @jswihart from @zodl_app