OKB (OKB) - Jume 27 (1W)Hello?
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If we rise between the uptrend line (1) and the uptrend line (2), we believe new investments are possible.
At this point, I think it would be better if you get support at 3.450.
At present, I think that above 4.625 is the high section.
Accordingly, I think you should be cautious about new investments.
For new investments, 2.557 points or less are highly recommended.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Okb
OKB (OKB) - June 18Hello?
Dear Traders, Nice to meet you.
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By "following" you can always get new information quickly.
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If it goes down, you should get support at point 4.802.
I think this is an important point because 100EMA and 5M on the 1M chart are passing near the 4.802 point.
If you look closely at the chart, you can see that the 50EMA and 60SMA cross.
For this reason, special attention should be paid to trading.
In order to get rid of these worries, it should rise with a strong volume and rise to at least 5.271 points.
Since the Bollinger Bands are converging, movement is expected within a few days.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
Effectiveness of OKB 20% off activity ending, can expect more?www.tradingview.com
Yesterday when sharing the opinion in Telegram, many guys ask more about the activity can make any kind of affect to the trend of OKB, so my answer is still unchanged, a short term affect which can bee seen on the chart that price rised to almost $4.8 in just few hours, but the continuous long upper shadow also indicates that most buyers sell their OKB at once after the activity is ending, led the price fell down immediately.
In next 4~6hours, many investors who become the offerees push the price up again but obviously, the strength can't push the price to create a new high, now the the reason why price still keep above $4.68 is because the rest of the investors who still held after bought yesterday and the offerees. They support the price in order to prevent lossing, in fact, the market is giving the signal that a new high is almost impossible to create in short term, and the effective of this activity has been almost disappeared.
My suggestion is that to buy 10%~20% of your account at $4.62, then if price continue to pullback, can buy another 20% around $4.42. This is a method of buying at crucial support positions.
LONG - OKBPERP - Trading OpportunityOKB consolidating above previous support, looking like we could get some kind of ascending triangle action over here, so we will be playing the range.
Entry: 6.731
Target 1: 7.375
SL: 6.3705
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