Short
OKUSD the bearish fear
OKUSD has fallen from more than 0.37 in September then rose from @ 0.15 cent to @ 0.29 cent in just 24 hours (9 October), it
Its started a classic pattern - descending triangle - but did not complete it yet
OKCASH has to break down maximum tomorrow - marked as red rectangle, in addition, the break has to happen in high volume.
If that happens we will talk about fallen to around 0.10 cent
+ I do not know how will the hard fork of btc 25 October will affect
Strategy of building position is waiting for confirmation of breakdown then build a short position and put our target around 0.10 cent
Its started a classic pattern - descending triangle - but did not complete it yet
OKCASH has to break down maximum tomorrow - marked as red rectangle, in addition, the break has to happen in high volume.
If that happens we will talk about fallen to around 0.10 cent
+ I do not know how will the hard fork of btc 25 October will affect
Strategy of building position is waiting for confirmation of breakdown then build a short position and put our target around 0.10 cent
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.