Odysseybtc
OCN-BTC Shows Bull run in Near TermBITTREX:OCNBTC shows massive potential of bull run in a short to mid run on the basis of our studies as carried out by analysing few of the very considerable variables/financial indicators along with project development and OCN'S listings and other significant upcoming events that might affect its price to a little. However we only focus on financial side and sadly OCN has not shown any viable progress in project development in past months but still the coin shows impressive potential to growth aside from all of this OCN is on high buying this week.
On the Basis of
historical Trend Data
Aroon
EMA
MCAD
Elliot Combo Waves analysis
Trend based Fibonacci
and a major project update in form of DAPPS, recently released under OCDAPP furthermore OCN's policy of monthly snapshot we can clearly witness witness bullish cap coming in which is expected to form between 75-80 sats once this price target has been achieved we are clear to go with more bulls and form a position to accumulate more and more by sensible trading.
Our study also also suggests BITTREX:OCNBTC crossing 110 in mid term.
its a good coin to HODL and trade with caution.
tip: if you keeping a big amount of OCN you must register for OCNP airdrop.
Note: This post should not be taken as a trade advice it was posted for educational purposes only.
Sometimes you Earn the Other times you Learn....
Happy Trading
OCN BTC just longHow I said early - Odyssey now work just in long. We saw bottom before and now we going up.
Also you can see beutifull kine on RSI. You can work with this
Also we have pattern "cup", that mean that we moving up.
But most of all I use logic: nobody want to sell with this price, mane people have position from 100-150 and they don't want to sell with so big minus, but somebody want to buy on bottom and as a result we change trand to up.
I don't say that you must buy, but you must to understand, that we can't moving down, if nobody want to sell.
For big moving up we must broken green line. It's 80-81.
If you have some another think - please tell me about it in comments .
Have a good profit :)
OCN/BTC BUY!Previous time when I give signal to buy we get 15%.
Now we can repeat the situation.
Buy 56-58.
I think at this time proffit will be much better
OCN-BTC Perfect Head&Solders - 2,5x As you can see from the last HIGH, we are entering in the last phase of the rebound on the solder !
H&S pattern can be a realistic one ... but yet again ... this is not an advice, it's just a theory !
MACD
FIB RET
TEMA
RSI
Optimistic Odyssey0.236 Fibonacci level might be a perfect place for some good reversal
Enter your longs above 110 sat with the stop set around 75 sat
Take one is 0.764 Fibonacci level (@ 203 sat)*
Take two is 1.764 Fibonacci level (@ 413 sat)**
* - put a break-even stop, close 25-50% of your position and watch if price breaks 253 sat
** - 253 broken north, take two activated
Have a good journey, my friend
Odyssey is one of strongest coins in 2018 + Top Gainer todayOdyssey completed a successful ICO on the 23 January 2018, raising over $50M in 24 hours. At that time, price was 210 satoshis per coin. On 28 January, ICN topped out, reaching 934 satoshis all-time high. Although the project is very ambitions with an extremely successful ICO, the overall cryptocurrency market trend has changed. All altcoins along with the BTC correction started.
Since the all-time high, OCN/BTC went down by 95%, and bottomed out on 14 August, when it reached 43 satoshis low. The uniqueness of the price action is that the OCN started trending up, while most of altcoins were still in a heavy downtrend.
What is so attractive about the Odyssey?
Basic concept:
Odyssey is a decentralized sharing economy and peer-to-peer ecosystem, aiming to complete with and replace the likes of Airbnb and Uber. It is trying replace the concept of private ownership with an economy in which everything is shared and little is owned.
As has been mention above, the uptrend has started on the 14 August, and on the 2 October it has topped out, reaching 253 satoshis. This was a 486% gain over the bitcoin, which took 48 days. The correction down followed and OCN/BTC formed a double bottom at 143 satoshis area, where it rejected the 61.8% Fibonacci retracement level.
Today price has risen by over 20%, and higher highs and higher lows pattern once again is active. In fact, earlier today Odyssey was a top 1 gainer among the top 100 coins on the coinmarketcap.
Seems that the trade volume is picking up again and the long term uptrend continuation is just a question of time. Yet, for a strong uptrend the volume remains very low and OCN could trade near current price for some time, and small pull backs should be expected. But in anyway, the uptrend is valid and price could be reaching one of the Fibonacci retracement levels.
First upside target is 127.2% Fibs
Second upside target is 227.2% Fibs
Third and final upside target is 327.2% Fibs
While the uptrend seems to be imminent, the downside risk should always be considered. OCN/BTC has found the support at 61.8% Fibs, and produced a 137 satoshis low. Daily break and close below that level should invalidate bullish outlook resulting in a price drop toward 100 satoshis psychological support area.
In a Nutshell:
The Odyssey trend remains heavily bullish, and the upside potential is over 160% from the current price. Nevertheless, break below the support (which is unlikely at this point) would invalidate the uptrend.
Support:
1. 0.00000140
2. 0.00000100
Resistance:
1. 0.00000284
2. 0.00000400
3. 0.00000514
Hop on OCNBTC for a quick bitLooking like we've just found bottom...headed out of the squeeze on the Bollinger Band on the 2 minute.
I've gotten in at .00000173
Looking for targets 209, 222, and 236 for a quick 36%
Market depth is looking bullish. Light a match!
Bullish Signals for #OCN #OCNBTC (06-09)#OCN (OCN/BTC)
Buy : 50-51
Flash Sell : 52-53-54-55-56
Short Sell : 58-60-62-64-66
Long Sell : 68-70-72-74
Stop : 46
Follow me for more signals
PM me if you need help
OCN - Only now am I a believerThis OCN chart is for Bittrex trading only, and does not include Kucoin's data which is more complete.
This coin has been falling since the airdrop fiasco back in the spring / early summer when OCN almost hit 500 satoshis before a going on a steep decline to its current price. That's 10x.
OCN is now retesting base support between 240 and 250. I know there isn't a lot of analysis for this chart, but I would like to make a couple of predictions.
Target 1: 80 satoshis
Target 2: 115-120 sats.
SL: 243
The price range is tightening, other altcoins are taking off, OCP airdrop going smoothly, I believe it's only a matter of time until some serious price action.
Good luck and best of trading. Not trading advice, trade especially carefully with OCN