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Okcashbtc

OkCash BitcoinOKCash is at an interesting level. We can either see continuation down the channel if prices break support level at 0.00002535 BTC or we can see momentum continuing upwards if price bounces off the support level at 0.00002535 BTC. This crypto has a maximum supply of 105,000,000 coins meaning that it is rather volatile to price movements but not to little to suddenly crash overnight. A coin with a supply between 100 mil to 400 mil are much more stable typically but still low enough to move within few days. A good entry point will be once price bounces of support level and breaks the bearish channel. BTC:1Erm4VB2v3JRDjnstaL7xnauSvomMDkvQu LTC:LhkMKHtEQ7SJnEFntoUBhG17oXdwmdHysV ETH: 0x8026962e8CC6B4A6b32E481A02B04C139D5c81Bb NEO: AMXPkqwDYHnp5GCu8f89idwueBEGcoCLRG
Long
by tinusbotha
OKCASH head and shoulders anti dandruff= moon?OKCASH has been trading down vs BTC for a few days now. On t he one day chart we see it is extremely underbought. This slide could continue, however with a BTC correction after this speculative run OKCASH should bounce. We see a potential head and shoulders trend with this third bounce being the last shoulder. Note the unbroken trendline in blue that has been tested three times. This will be interesting. A bounce would most likely not be much of a breakout as an uptrend in trading would most likely be purely speculative as OKCASH has not announced that any major news is on the way. Note the MACD is close to reset at zero. A dip below 3000 sats imo is a strong signal this downward trend will continue. With a trend reversal upwards i expect the shoulder to inflect around 4200 sats.
Long
by barrenwuffet
3
OKcash will continue MASSIVE oscilation OKcash since inception has had massive spikes in price followed by subsequent troughs. Some of us remember the "pump" to 500 sat, and then plummet to below 100 sat. No one could move BTC quick enough to trex to buy that cheap. OK then moves on to play with new ATH's and relatively low lows. So here we are after another massive spike and new round of fresh blood has emerged among the OK ranks. Unfortunately, the amount of FUD has reached ATH as well. Increasingly important is DYOR. Cut through trade group "signals" and FUD. Find your strategy, set your goals. Remember: No one knows the future. Even as a member of OKcash team, I don't know every project in development. Its better this way. Happy trading and DYOR!
Long
by Okorator
7