OKBTC trade ideas
"LEVELS" Of Profit- $OKBTCOKBTC Feeling this thing will continue this amazing trend. Strong and Volume Induced Power Behind The Surge. Watch for breakout beyond 11850 sat's and hold on to your seats, will be a bumpy ride! Hold the support of .000109-- BTC and the coast is lined with profit for us longs!
$OK Coin Breaking Its Trend, As Predicted- All About Dat Volume
Just as I saw this awesome move on $OKBTC the ability to break its trend and start hustlin' upwards proved the volume surge implemented. LONG & STRONG, BULLS- #HODL
It is OK to enter ....OKcash trade signal !!!I dont normally enter positions on coins that are already up over 50% but the set up is perfect here
We have seen a Super bullish Wave 1 move move already and we have held a 50/5 retracement of that move in wave 2 and just broken the down trend from that move so it is a prime entry point as wave 3 just starts
fib entensions tell us to expect targets of at least 180 but could run to 240 so massive gains to be had here over the next 12-24hrs
Happy trading
OKCash Correction and Eliot Wave completion. OKCashBTC
-I know there is a lot of news on this coin going forward, but my analysis are based on 50%technical, 20% Psychological/sentimental, 20% Fundamental and 5% News.
-So (Technically) if the markets behave as expected we can only wait to see a continual move towards the support lines as the MA cross, or (News) a move down and then a possible try up which should be faced with strong resistance at the Resistance to end up correcting finally.
-Remember Coin is in un-chattered waters now anything can happen which means there is no resistance of consequence once the all time high is broken or a long consolidation on the downside. Trade with caution.
P.S
The trend is your friend till its not!
OKCash buy on dips scenariosOKCash has seen a huge run up the past couple of days while everything else has seen a large flight of liquidity. It could potentially keep going up from where it is, but it appears most likely to correct before making much progress upwards. Right now it is barely hanging on to the 10 period VMWA on the H1 chart. There are huge walls of sellers around 0.000083 BTC and again near 0.00009 BTC. So even if we do break the high, the risk/reward ratio doesn't favor an entry here. Divergence on the RSI is indicating ebbing momentum as well. I will be looking to enter at 2 possible different points depending on how the price action and shorter term time frames look near those levels.
The first buy zone would likely be good for a smaller swing back up to near the 0.00008 BTC level, and it has less of a chance of continuing to push past that. OKCoin has a lot of momentum at the moment so it is entirely possible that it only needs to correct to this level before continuing upward.
The second buy zone comes in at the confluence of the 50&100 period VWMA's, lower Bollinger Band, 50% Fibonacci retracement, and a strong previous support level near the psychologically important 0.00005 BTC level. Overall it appears very likely to hold this level if it makes it down that far, and this is the scenario that appears most favorable for a quality swing entry.
This coin has had an amazing bull run the past couple days, and I would expect a lot of speculative traders to look to take profits near the current record highs. The current sellers shown on the order book strongly support this, and the buy orders don't start to get heavy until between 0.00005 - 0.00006 BTC. Fundamentally this cryptocurrency does appear to support it's increasing valuation. They have over 200k followers on twitter, and a huge slate of releases/updates planned over the next couple months. Sentiment generally appears very strong over the long run.
- twitter.com
OKcash - Long term HODL and StakeOKCash (Bittrex: OK) is a long running cryptocurrency has grown large community support (2500+ members) and seems to be entering accumulation. On the 1 week chart, we see it breaking a long bullish Run. Prices have now dipped right back into accumulation. Given the higher volumes, expect this price range to last much shorter than last time, and expect the target to push new ATH.
Keep coins in OKcash wallet and earn 10% APR (until march 2018, then goes to 5%) automatically added to your wallet as you stake.
Update your wallet: okcash.co
Join the Okcash Community: discord.me
Register your business for free over: okyourday.com
OKcash Block Halving - okcashblockhalf.com
