OKBTC trade ideas
OKCash Possible Breakout of Falling WedgeOKBTC may have just broken out of a falling wedge coinciding with a bounce off a fib level (50%). This coupled with the upcoming birthday announcement could mean OK may retest earlier highs. Like most new events in crypto, this will probably be a sell the news situation where we will see accumulation until the announcement is made.
Entry: < 5600-5700
TP1: 6000
TP2: 6500
TP3: 7000
Target: 8000
MOON: >9000 (in the event of spectacular news...)
OK cash gains???OKcash looking to boom a good bit today due to news coming out as well as the volume coming up a good bit. This Could be some quick gains depending on news and wether or not BTC keeps its upward paths. Keep your eyes peeled. Sorry for the late graph i thought I posted it before this bump showed in the graph but was wrong. So heres a repost.
OKCash on the MoveOKCASH may have just completed its correction after a massive run and is looking to break through resistance at the moment. It is currently oversold and is dancing along the line of resistance. If it break through we could see a return to the 7000 level. For now, if breakthrough, short term target is 6200. Good luck.
OKBTCIt may seems attractive to buy OK already now when it is relatively cheap, but we have strong resistance around 0.00009 and we can't be sure if it will be able to break it. Safer option would be to enter the trade at 0.000091 level (which is 43% higher than current price) and we have almost free way to 0.00013 and 0.00017 targets, which means 44% and 88% profit.
Okcash Huge PotentialAs we can see in the blue highlighted area's Okcash has already bottemed out and is ready to start a new rally. Highlighted in yellow we can see a fake breakout caused by rumours about Palm Beach Research Group endorsing Okcash. The volume during this fake breakout shows that this market is ready to make some big moves again just like in early september. Okcash is a coin that has seen an amazing uptrend past year and it does not look like it is going to stop now, all indicators confirm that Okcash is ready to resume this long term uptrend. Alongside all these technical reasons we also have some fundamental reasons to believe Okcash might be in for a nice increase in price, one of these reasons is Okcash's upcoming 3 year anniversary on November 24th, I can imagine they have great plans for this important date. For more information about this check out this article from one of Okcash's developers: medium.com
Cryptocurrency marketing team Golden Smophy ( The company that was responsible for the rally to 20K sats past september ) has also announced to resume their work on Okcash. Link to their site: goldensmophy.com
To add some fuel to the fire there have also been rumours about Okcash getting listed on poloniex, if these rumours turn out to be true we could see a bull run past it's previous all time high at 20K sats.
Now is the time to fill our Okcash bags, thank me later ;)
OKcash -Still hold LONGEs we expected OK is moving nicely , now we still hold the coin the reason is technicaly view and good news for OK cash . Come with us to make nice profit without fear and join OK cash now and to morrow . Remember on MONAcoin he went slowly up to 00020 ,after started the rally . Will be OK somethink like this ? We wish , what do you think about it ?