OKBTC trade ideas
OKCASHBTC AFTER BREAKING CHANNELI published about okcash move in a channel and I said it's so easy to trading in it and suppose to double position after real break .... Do you make it :O
now it's break and trying to retracement and moving up
So its first station will be @0.00005873 then the downside broad of the channel @0.00006086 we think it will be hard to break it up
let's talk about this scenario later
OkCash (OK) still bearish, wait and watch situation.OkCash (OK) Needs to Correct the price before it moved to the second level, As we can see that the price went up from $0.10 to $0.85 which is 850% as there is was lot of news bombarded in Twitter and their marketing groups, and does not showed expected output results, not even able to maintain the price levels.
To go to the next level, it needs to break the resistance zone first. The price is at correction wave after the elliot wave completion . So I am assuming that it will fall again around the original price of $0.10 before it starts to move up.
Please note that: This analysis is for education purpose only, I'm neither a financial analyst not advisor, so this is not any financial advice, Please do your own research and own decision, I will not be responsible for any kind of your losses at all.
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OK - your okay holdHi All!
Today we long OK Cash.
Entry: 7.6k sats
Target: 10.5k sats = 50% gain
Target2: This coin is perfect for holding, with very active development team, populous community and great rewards for staking.
As many know, Goblins are cooperating with OK Cash.
FA:
Sept 29-30th a dev update with a new wallet release.
OK Cash has upgraded .
Fast Speed
Low Fees
IoT Ready
PoS - unique Long term sustainable staking
Supports good cause: www.okcashforcause.org
TA:
We are buying the dip after recent ATHs.
Happy trading! ;)
PM to join Goblin Town!
OKcash/BTC going further down or is it fake?After looking at the charts of Okcash one can only see red sticks stepping down the line as if everyone got lost somewhere and a machine put their sell orders one after another but in this world of charts and sheets when a coin is drastically overbought one should also expect a good correction of over 100%. Looking at the long term this correction might be very healthy because the ones who shorted this coin may have lost a chunk of their investment but the holders will win.
The lowest it may come based on the waves analysis will be 5000 levels then it will bounce back to the highs of sky.
OKcash ready to move upward?Looks like the correction completed at wave 1 support. Now we are in a triangle patterns where the short-term down trend (much shallower than the initial correction) is about to meet the longer-term uptrend.
If the support can hold, giving us a pop to the upside, then we may be getting ready for another move higher.