$OK $BTC Inversal - New Uptrend / Okcash Accumulation detected Disclosure: I am not your financial advisor, due your own research and diligence, crypto markets carry great risk, the points expressed here are my own opinion and should not be taken as trading advice.
Now, lets get to it.
The Okcash coin has experienced huge rises in the past, with an ATH of 20,000 satoshis (0.86 USD) on the Past Bull market (2017)
It had a heave correction/downtrend for over 2 years, which however it seems harsh, at this moment it still maintains a 9000% gains rate from inception (2014).
The market seems to start to get activated/accumulated for the past months on the downtrend, but specially over the past weeks/days,
with huge spikes in volume within a range zone, in the past days we were able to watch it broke the downtrend with volume and noticeable
accumulation zones, we just need to confirm that OK bottomed out by testing the low 300s , however with the accumulation that it seems is going on
it seems it will be hard for OK to fall below the 350s range, confirming the bottom, if not moving first to the 500s before we could see some spikes as the market goes thinner.
Great timming for an entry in this market. atm: 0.03 USD // ATH 2017 - 0.86 USD
Aside from TA it seems Okcash coin is one of the best proof of stake coins to this date, proof of stake coins seem to be more popular day by day for their energy friendly approach, might be a good idea to diversify and get a piece of this cake.
Okcoin
BTC Potential Bottom - UpdateI am going to try to continue to follow this move in BTC regularly.
Here we are looking for a break over horizontal resistance ( blue ray on both charts ).
Using Bitstamp BTCUSD price this resistance is sitting around $4077.
Additionally, looking at Okcoin 3M BTCUSD futures this resistance is sitting at $3977 ( potentially already breaking ).
If we can get through this resistance, I believe 200 Day EMA ( orange line on Bitstamp BTCUSD ) should act as a magnet and we will see price action upwards of $4900 - $5000.
Interesting times.
Looking for a new GEM 2 ( shit coin in crypto )Willing to buy my own bag ( that I sold in June ) if it stays above the downtrend-line.
WHAT I LEARNT 2 YEARS OF TRADING IN THIS CRYPTO MARKET!
1) Never forget 20 / 80 rule. 80 % traders lost money to 20 % to traders / investors
2) Trend is your friend. Don’t fight with it!
3 ) Buy coins/ stocks as much as you can track easily. If you are comfortable to track 10 coins, Then You should buy max 10 coins not more!
I read 20+ books, I examined stock tables, I inspected thousands of charts. As I studied them I began to learn things about crypto / stock movements which I had not seen before. I started to realize that crypto movements were not completely haphazard. Crypto did not fly like balloon in any direction. As if attracted by a magnet, they had a defined upward or downward trend, which, once established, tended to continue. Within this trend stocks moved in a series of frames, or what I began to call "BOXES".
I just kept saying this crypto cannot go down any further. I did not know what I learned later, that there is no such thing as cannot in the market.
This experience, as I see it, was an important turning point of my trading career.
Target? The charts speaks itself!
ETHUSD (Volume Analysis Prediction 8/07/2018)
Ticker: ETHUSD
Exchange: OKCOIN
Mid term signal: Buy
There was an activity of buyers
Large volume on the rebound from the support zone - a strong signal
After reaching the first goal - Move the stop to the break-even point
Enter: 418
Take profit 1: 425,2
Take profit 2: 429,6
Take profit 3: 442,5
Stop: 412,8
ETHUSD (Volume Analysis Prediction 8/06/2018)Ticker: ETHUSD
Exchange: OKCOIN
Mid term signal: out of the market
The price remains in balance
The signal to "Long", which was earlier, was not activated and then canceled
Now there are no clear forces for growth
So be careful with your positions
ETHUSD (Volume Analysis Prediction 8/04/2018)Ticker: ETHUSD
Exchange: OKCOIN
Mid term signal: Buy
Price temporarily stopped the downtrend
Now we are in balance, and with the help of volume we see the first manifestations of the strength of buyers
Yes, buying now is too early, but if customers continue to gain strength, we can get a position at the beginning of the movement
The volume is very important in the market, so pay attention to it,
on a strong trend, the volume in the opposite direction should not break out the levels.
Enter: 429
Take profit 1: 444
Take profit 2: 461
Take profit 3: 478
Stop: 413
OK Cash Bullish on All Time Frames.#Trade211 #OK
Buy Now around 0.00001100
#SaleTargets
Target 1: 0.00001330
Target 2: 0.00001540
Target 3: 0.00001700
Target 4: 0.00001880
Target 5: 0.00002100
Target 6: 0.00002467
StopLoss 0.00000980 (Don't set it - Just set the first 2 targets 50% each)
Duration Within 1-2 Weeks.
OKcash Cup and Handle - 25 %Okcash is a decentralized digital currency with transactions that have really fast confirmations, making them virtually instant. The Okcash network is decentralized and free from middlemen, giving you back control of your finances and providing a secure network for all of your payments.Simply Keep your Okcash wallet (software) running and you will start earning almost daily rewards on the OK coins you have in your wallet.
+ Lightening fast blockchain that has been 100% reliable. Quick support from developer on multiple channels. Consistent growth without brings overhyped. The community continues to grow and innovate, it's grassroots crypto at its finest.
- Decentralization means that roadmaps and progress come naturally.
In the graph, you can see the pattern CUP and HANDLE. This is a short-term with 25 % profit.
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For more information: t.me
Possible bullish reversal on OkCashOkCash after a recent pump has bounced immediately off the 1 month support line and both RSI and MACD are indicating a trend reversal. If break out of triangle at 3400 satoshi then possible bullish trend. Provided this is between the bull runs of BTC.
Publishing this mostly so I can check later $OK
OKUSD the bearish fearOKUSD 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
OKCASHBTC AFTER BREAKING CHANNELI published about okcash move in a channel and I said it's so easy to trading in it and suppose to double position after real break .... Do you make it :O
now it's break and trying to retracement and moving up
So its first station will be @0.00005873 then the downside broad of the channel @0.00006086 we think it will be hard to break it up
let's talk about this scenario later
"LEVELS" Of Profit- $OKBTCOKBTC Feeling this thing will continue this amazing trend. Strong and Volume Induced Power Behind The Surge. Watch for breakout beyond 11850 sat's and hold on to your seats, will be a bumpy ride! Hold the support of .000109-- BTC and the coast is lined with profit for us longs!