OKB | The Best Crypto Exchange token The price of OKB is 53 today with a 24hour trading volume of 144 million dollar . This represents a 13% price increase in the last 24 hours and 170% since last year
bear market is the best time to assessment and judge crypto projects and exchanges now lets look at Performance of cryptocurrency exchange platform coins in the past 360 days
OKB -8%
BNB -20%
HT -58%
CRO -82%
FTT -95%
OKB is a cryptocurrency released by the OK Blockchain Foundation and Maltese crypto exchange, OKEx.The OKB token plays an important role in the OKEx ecosystem, It allows users to receive up to a 40% discount on transactions The OK Exchange is one of the largest in the world and currently ranks third in liquidity, fourth in trading volume, and provides a wide selection of trading pairs. OKEx has become a world-leading trading floor since its launch in 2017.Jay Hao joined OKEx as CEO from the beginning, and he still holds the position. long story short the team and founders are pros.
the daily vol and most indicators are bullish and positives and Okb is ready for higher targets like 55 and 57$
Okbusdt
Approaching the resistance levelsThe price of OKB is around $42, approaching the resistance levels of $43 and $43.50. If the $43.50 resistance level is sustainably broken, it is expected that the upward trend will continue to higher levels.
Otherwise, there is a likelihood of the price retracing to the support levels of $42 and $41.50.
OKB a Perfect example of a successful analysis Dear all;
today I have OKB, this the first time a pay attention for this coin and guess what?
when I did analysis it using my tools it did respect my analysis pretty good so far, and I expect it
to hit all the target very easily.
I did notice another opportunity within the current one as you see in the chart and the all current target (T1) is almost matching with the new one (T2).
Good Luck.
OKBUSDT OKB COIN Bullish in D timeframeOKBUSDT is bullish in D timeframe for the past 12 months
AB-CD is expected, if BITCOIN can go beyond previous high 32000
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities
OKBUSDT Fibonacci RevelationOKBUSDT is currently showcasing a promising bounce from the 78.6% Fibonacci support level, aligning perfectly with the downtrend trendline's breakout point.
The overarching sentiment leans bullish, and it appears the continuation of the uptrend is on the horizon.
Given the current price dynamics, this might present a favorable risk-reward buying scenario. However, we're approaching this with a touch of caution.
In terms of upward aspirations, we're eyeing a peak close to the extended ascending channel's upper edge.
OKBUSDTOKX:OKBUSDT SHORT
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
Don't forget to like and comment
OKBUSDT's Breakout Navigating the Potential for 90% UpswingBullish Transition:
💎The #OKX Exchange's utility token made a decisive break above its long-standing supply zone in February, firmly positioning itself in bullish territory ever since. This wasn't just a fleeting moment; it marked a significant shift in its trading dynamics.
Navigating the Zones:
💎Over the past six months, #OKBUSDT has been navigating between a $57 resistance and a $38 support. Intriguingly, what was once a supply zone has transformed into a demand zone, evidenced by two prominent rebounds.
Recent Price Movements:
💎Recent price movements respect the upward trendline on the logarithmic 3Day chart, overcoming a minor resistance with bullish determination. This pattern increasingly suggests we're on the cusp of a pivotal moment, potentially leaning towards an upward breakout.
Potential Upward Trend:
💎However, all eyes are on the descending trendline and the price behavior around it. If the bulls manage to breach this barrier, we could anticipate a continuation of the upward trend, aiming for the $73 dual Fibonacci resistance level. This scenario would represent a nearly 90% price ascent from the current demand zone.
Bearish Possibilities:
💎For any bearish undertones to emerge, the demand zone needs to be decisively compromised. Until such a shift, the narrative remains predominantly bullish. As of now, our focus is on the minor support around the $47 mark. Stay vigilant, Paradisers, and keep pace with the ever-evolving crypto landscape!
OKB (OKB.BTC) ATH!ATH in bear market! but they say, crypto is ded and dump this ponzi!!
first lets look at Performance of cryptocurrency exchange platform coins in the past year
OKB - 6%
LEO - 7%
HT - 46%
BNB - 52.7%
CRO - 89.8%
FTT - 97.8%
plus OKEx announced that its total transaction volume in the past year has increased by 308%, from $1.8 trillion in October 2020 to $7.4 trillion in October 2021. Perpetual contracts increased by 455%. In October, BTC, DOGE, SHIB, OKB, ETH and SOL ranked the highest in trading volume. so they did a great job in worst days of market and they deserve this pumps and ATH
we can have a pullback to 0.0015 btc and then another leg up if market and btc looks bullish but if you opened a position when I published OKB chart for the first time at 15$ then you are in good profit and you should take a huge profit and enjoy the new year
OKB falls with the help of Expanding Flat(Short term)❗️OKB is moving above the descending channel and near the 🔴 resistance zone($ 47-$ 46.6) 🔴.
In terms of Elliott waves, the rise of OKB to the above descending channel happened with the help of the common Expanding Flat pattern(ABC/3-3-5).
I expect OKB to fall to at least the middle line of the descending channel after breaking the 🟢 support zone($ 46.25-$ 46) 🟢.
OKB Analyze ( OKX:OKBUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OKB analysis: expecting wave 5 🚀Hello, in this post I will share a detailed analysis of OKB.
🛠️ OKB is a utility token from OKX exchange.
With it, it is possible to have discounts on trading fees and passive income in DeFi/CeFi.
OKX is one of the largest CEX (Centralized Exchange).
📆 Previously on August 2, 2022, I had already analyzed this token, but in the BTC quote:
As seen, the Fibonacci target of 1,618 has already been reached.
Now the next target is on projection 2, copying the same height as the triangle below.
🟢 Going back to the USDT quoted chart, reducing the timeframe to 1 day, we have a symmetrical triangle.
Price broke above the triangle, and performed a throwback, allowing for an entry.
That said, we have a bullish bias for this asset.
🌲 So far we've analyzed the tree.
Let's analyze the forest.
Comparing the 1-year performance of the main exchanges plus BTC:
Which shows that the token is above average.
OKB - The Token for OKX Exchange Part 2OKB / BTC (Part 2)
Part 1 is OKB / USD.
I continue my search for coins/tokens that outpace BTC.
- Broken out of parallel channel & retest.
- Bounce off 200 week could present buying opportunity.
Fundamentals interesting
- Top 25 Token by Market Cap.
- OKX is a Malta-based crypto exchange OKX (Europe)
- The OKX platform is the de facto European counterpart of the leading Chinese exchange, OKCoin. OKB is the global utility token issued by the OKX exchange, much like Binance offers BNB utility token.
- The OKX Platform has the 7th largest Trading volume in crypto (just under Bybit and Bitfinex)
- With MICA crypto regulations recently approved this could offer OKX a MASSIVE opportunity to compete with those in the top 5.
- Designated as having a clean reserve by Crypto quant (excludes OKB token in POR calcs).
This FIB settings work for me 8/10 of the timeI've been using Price action and SnD levels to scalp / day trade for the past 6years, and FIbs are one of my favourite tool to use on the Day and 4 hour time frame , to gauge the possible short term movement.
Fibs Values: Only the first 5 boxes, right and left
1st pair: 0 <> 0.236
2nd pair: 0.382 <> 0.618
3rd pair: 0.764 <> n/a
4th pair: 1 <> -0.25
5th pair: -0.618 <> 0.5
Feel free to copy my Fibs values. Match it to the fibs on the OKBUSDT chart to check for accuracy. Let me know in the comment if it works for you as well!
Happy trading!
OKBUSDT : Elliot Waves analysis DailyHello friends, as it is clear from the chart of this cryptocurrency (OKB exchange), the chart shows the formation of descending wave C after waves A and B, and so far waves 1 and 2 have been formed, so we are looking for a sharp drop for wave 3. It is possible. The news of the bankruptcy of this exchange may be a help for its downfall.
OKX Token is a better buy than BNB, KCS and CRO !We've been seeing a lot of pain in the market lately, which is of course fueled by the FTX bankruptcy and the aftermath it is having on the crypto world. The native tokens of exchanges in particular have taken big hits. We wanted to take this opportunity to compare the tokens of 4 major exchanges and how they are performing with a focus on the recent price action.
* The Binance Coin (BNBUSD) has been trading within an Ascending Triangle since August 10, with the price falling and staying below both the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) since the FTX crash.
* The KuCoin Token (KCSUSDT) has been trading within a Bearish Megaphone since July 04, with the price crashing hard and staying below the 1D MA50 (hasn't been above the 1D MA200 since April) since the FTX crash.
* The Cryptocom Coin (CROUSDT) has been trading within a Falling Wedge since June 19, with the price crashing hard and staying below the 1D MA50 (hasn't been above the 1D MA200 since April) since the FTX crash.
* On the other hand, the OKX Token ( OKBUSDT ) has been trading within a Rising Wedge (which is a bullish pattern) since June 19, with the price breaking above the 1D MA50 and 1D MA200 before the FTX crash while, more importantly holding both of the as Supports after the crash.
Technically, the momentum is in favor of OKX and is our investment choice on the long-term among exchange tokens. The current price action in particular, being supported near the 1D MA50, makes it an attractive opportunity even for short-term traders that are looking for the Rising Wedge's next Higher High around $25.000.
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OKBUSDT About to make a huge bullish break-out!The OKB token ( OKBUSDT ) is the Global Utility Token that was launched by the OK Blockchain Foundation and OKX exchange in 2017, to serve as a bridge to connect OKX and its users. On this post, we will analyze how current pattern may be bullish short-term against popular belief and how it may play out on the long-term.
** Technical Analysis **
This analysis is on the 1D time-frame where OKBUSDT is having a +8% rise. Following the formation and quick invalidation of a Death Cross (that is when the 1D MA50 (blue trend-line) crosses below the 1D MA200 (orange trend-line)), the price has turned both into Supports. Being technically a bearish formation, as you see on this chart however (which displays OKB 's price action since May 2021), all past three Death Crosses have been formed on or straight after market bottoms. Especially in the cases of July 03 2021 and October 15 2021, OKB rose significantly following the Death Cross. See also how similar their 1D RSI sequences look like.
A potential rise short-term, is still limited to the Resistance force set by the Lower Highs trend-line that started on the May 03 2021 market Top. This is where the price got rejected on December 17 2021 and more recently August 14 2022. Technically only a break above this trend-line can be considered as a long-term break-out signal, but all past post Death Cross rises have been more than +33% (max +162%), and that would take us above the Lower Highs Resistance, thus starting a new Bull Cycle. Ideally, we will be looking for a closing above the 0.382 Fibonacci retracement level, in order to call for a potential bullish reversal.
If it fails to break-out, the OKB token will continue trading within that long-term Triangle pattern designated by the May 2021 Lower Highs and the Support Zone (green) that started on the May 19 2021 Low and since then had another four contacts made. A break below the 1D MA200 in particular, would be a bearish signal targeting the 1W MA200 (red trend-line).
** Fundamental Analysis **
Fundamentally, OKBUSDT remains an excellent investment opportunity as it goes hand in hand with the long-term growth of the OKX exchange. With a market cap of $3.91B, the price of OKB token is ensured by sending tokens to a burning address every 3 months, each burning report could be checked by users. OKB holders could enjoy up to 40% trading discounts (based on how many OKB tokens they hold), participate in token sales, earn passive income, enjoy security, utility and financial services by spending OKB on cooperated platforms and other added values.
With 28,548,715.55 OKB already burnt, the current circulating amount is now 271,451,284.45 OKB. OKB is designed by OKEx's top Research and Develop personnel based on the blockchain technology with the use of a token economic model to connect the world's highest quality innovative digital assets with OKEx platform users. OKB has built up a better OKEx ecological closed loop, and achieved a win-win in the blockchain industry.
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** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
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You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
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OKX - OKB/USDT buy signalOKX should start rising finally after the current pullback. We expect it to be a fast upside wave.
OKBUSDT Death Cross can be bullish? The full picture.The OKB token (OKBUSDT) is the Global Utility Token that was launched by the OK Blockchain Foundation and OKX exchange in 2017, to serve as a bridge to connect OKX and its users. On this post, we will analyze how current pattern may be bullish short-term against popular belief and how it may play out on the long-term.
** Technical Analysis **
The most important development at the moment is the formation of the Death Cross on the 1D time-frame. That is when the 1D MA50 (blue trend-line) crosses below the 1D MA200 (orange trend-line), which is technically a bearish formation. However as you see on this chart, which displays OKB's price action since May 2021, all past three Death Crosses have been formed on or straight after market bottoms. Especially in the cases of July 03 2021 and October 15 2021, OKB rose significantly following the Death Cross. See also how similar their 1D RSI sequences look like.
A potential rise short-term, is still limited to the Resistance force set by the Lower Highs trend-line that started on the May 03 2021 market Top. This is where the price got rejected on December 17 2021 and more recently August 14 2022. Technically only a break above this trend-line can be considered as a long-term break-out signal, we us preferably looking for a closing above the 0.382 Fibonacci retracement level, in order to call for a potential bullish reversal.
Until then, the OKB token can continue trading within that long-term Triangle pattern designated by the May 2021 Lower Highs and the Support Zone (green) that started on the May 19 2021 Low and since then had another four contacts made. This can be touched again if the Bottom Higher Lows trend-line (dashed), which is holding since June 19 2022, breaks.
** Fundamental Analysis **
Fundamentally, OKBUSDT remains an excellent investment opportunity as it goes hand in hand with the long-term growth of the OKX exchange. With a market cap of $3.91B, the price of OKB token is ensured by sending tokens to a burning address every 3 months, each burning report could be checked by users. OKB holders could enjoy up to 40% trading discounts (based on how many OKB tokens they hold), participate in token sales, earn passive income, enjoy security, utility and financial services by spending OKB on cooperated platforms and other added values.
With 28,548,715.55 OKB already burnt, the current circulating amount is now 271,451,284.45 OKB. OKB is designed by OKEx's top Research and Develop personnel based on the blockchain technology with the use of a token economic model to connect the world's highest quality innovative digital assets with OKEx platform users. OKB has built up a better OKEx ecological closed loop, and achieved a win-win in the blockchain industry.
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** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
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💸💸💸💸💸💸
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