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OKUSD

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!
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by CryptoEngineering
OkCash Aiming For New HighsOkCah currently trading at $0.15, that is after a clean bounce off the 76.4% Fibonacci retracement level. Simultaneously, OK/USD rejected the middle trendline of the descending channel confirming price bullish intentions. While the support is holding the uptrend is very likely to begin and it would be reasonable to mention previous idea on OkCash , where downside target has been reached and rejected. The nearest resistance is seen at 50% Fibonacci retracement level, that is $0.4, which corresponds to the previous area of resistance. Second target is 61.8% Fibs at $0.48. And final, key resistance is at $0.57, that is confirmed by two Fibonacci retracement levels. 76.4% and 427.2% Fibs applied to the current corrective wave down. If the $0.125 support will be respected the uptrend continuation is imminent, but break and close below could invalidate bullish outlook and send price down to $0.1 psychological support area.
OLong
by CryptoPAMM
OkCash Downside CorrectionOkCash has reached the high on the 3rd of May, hitting $0.23. The strong move down followed resulting in the break below multiple obstacles. Price has broke below the uptrend trendline, followed by the break below the 200 Moving Average and the ascending channel. It seems that OK/USD is loosing the upside momentum and the downside correction could continue, especially after it has rejected the lower trendline of the ascendant channel. Strong support and the potential downside target is seen at 76.4% Fibonacci retracement level that is $0.12, which could play a key role in further price development. Break below the support might trigger further decline, at least towards $0.09 to form a double bottom and potentially price could go lower. On the upside, only break and close above current high/resistance at $0.23 could invalidate bearish outlook resulting in the uptrend continuation.
OLong
by CryptoPAMM
O.K. Cash Huge Spike with VolumeBITTREX:OKUSD Looking at the daily chart of O.K. Cash, we can see that just two days ago it had a huge spike with volume that took it from 22 cents to 50 cents in one day. Then it retraces with a lot less volume the last 2 day to just 24 cents. Overall it raises from a minimum of 15 cents in October 23 to a maximum of 50 cents, October 31. Then it retraced about 77% of the entire rise, to 23 cents, giving us a great opportunity to catch it at a decent price. The kind of volume we are looking at it, is the kind of volume that made it move from 10 cents to 88 cents in two weeks last time in September of these year. Also, we just broke up out of a triangle with huge volume, which is very bullish. It is just a $17.6 million-dollar market cap coin, so it has lots of potential for huge gains. In addition, we have a bullish MACD crossover with positive diverge as seen on the chart. coinmarketcap.com Looking at the Elliott Wave Pattern of these chart, we have just entre into primary wave 3, being primary wave 1 from the minimum of 2 cents these year to a maximum of 88 cents in September, and primary wave 2 from 88 cents in September to 15 cents in October. Now I expect primary wave 3 to take it to about $1.50 dollars, maybe more, and it would still only be 1.618% the ratio of wave 1. But it would still be about 8 times its current price. Well see, it looks like a good stock to shoot for the fences with some of your portfolio. Good Luck in your decisions
OLong
by Raul_Dominguez
11
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
OShort
by AnaKingKong
OK Cash vs USD ideaI am charting in USD to get rid of any BTC fluctuations. I find that the fib levels and price action aligns well against USD. For this idea I think OK Cash has been pumped whole lot and needs to cool down. A lot of chart elements are lining up against it signaling a correction. Look for reversal actions at key supports/ resistances - noted in colored boxes here - for short term trades. Good luck everyone. Please comment if you have any questions. Please note that this is not trading advice. People should make up their own opinions and use my analysis just as a reference. It's uncertain times so we should be careful
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by qedbeech
3