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OKB Trend-Following Setup ↗️ Analysis #19/50
OKB/Tether
OKB Trend-Following Setup ↗️ Analysis #19/50
By TheSignalyst
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Mar 13, 2023
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Mar 13, 2023
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY:
Left Chart
OKB is overall bullish, and now retesting a strong demand zone, so we will be looking for buy setups on lower timeframes.
on H4: Right Chart
OKB is bearish from a short-term perspective trading inside the red channel.
🏹
Trigger =>
for the bulls to take over, we need a new high to form and then a break above the upper red trendline and red zone.
Meanwhile, until the buy is activated, OKB can still trade lower till the 37.0 support or even break it downward.
📚
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
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