Rectangle
OKB - The Token for OKX Exchange Part 1Chart Part 1 (OKB / USD)
Chart Part 2 (OKB / BTC) follow up chart on my profile here.
I continue my search for coins/tokens that outpace BTC.
BTC / USD
- Broken out of parallel channel & retest.
- Long term trade 12 - 24 months to see upper targets hit.
Some very interesting fundamentals occurring as you may not be as familiar with this exchange.
- Top 25 Token by Market Cap.
- OKX is a Malta-based crypto exchange OKX (Europe Section)
- 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 Exchanges.
- Designated as having a clean reserve by Crypto quant (excludes OKB token in ProofOfReserve calcs).
BTC Bearish Sentiment Shows Possible Reversal!Bitcoin is in a big rising broadening wedge from 15K and Also the price movement is EXACTLY the same way that it did at All Time High before crash (purpele rectangle pattern)
I've analysed the purple rectangle candle by candly in the video and to my surprise its literally the same movement
DXY showing Bullish sentiment (forgot to mention the engulfing candle on daily) and SPX showing top sign with possible pullback
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Gold Buy in Cards - UpdateThis Gold idea is an update to the previous idea provided yesterday Link added. We already banked 70 pips on our sell trade and 70 pips in unrealized profits on buy order. Those who miss the first opportunity can join the tide on below suggested levels.
1 - On 15 min TF if price break through trend line then buy on retest around 2003.00 area , TP 1 : 2023 , TP 2: 2033 , SL : 1991
GOLD is expected to go bullish - 400 PIPS opportunityGold has a strong sell last Friday and close with a bearish engulfing candle signalling a strong sell for coming week. Also on H4 the last candle closes with a long wick almost 30% of the entire candle which signals a pull back before a bearish move.
In my view Gold is expected to test the 2033.00 area again before moving any lower . There are two trade ideas listed below.
1 - Sell at market open around 2004.41 with a profit target of 1997.00 and SL: 2008.50 - 70 PIPS opportunity
2 - Buy again around 1996.00, TP1: 2023.00 , TP2: 2033, SL : 1988.00 - 370 PIPS opportunity
Total 440 PIPS opportunity , use proper money management
This idea is for educational purpose only .
EURCHF: Bearish Move After Consolidation 🇪🇺🇨🇭
EURCHF was consolidating for quite a long period of time within a horizontal trading range on a daily.
Its support was broken yesterday.
I believe that such a violation may trigger a bearish continuation.
I expect a bearish move to 0.9787 / 0.9723
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Bitcoin Analyze (Short Term, 15-minute Time Frame,04/12/2023)!!!It seems Bitcoin was able to make a Head and Shoulders Pattern near the 🟡 Price Reversal Zone(PRZ) 🟡. So that there is a noticeable Regular Divergence(RD-) between the two shoulders.
I expect Bitcoin to drop to at least the support line.
Bitcoin Analyze ( OKX:BTCUSDT ), 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.
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EURCHF: Pullback From Key Level 🇪🇺🇨🇭
EURCHF is testing a key daily structure support.
Analyzing the 4H time frame, I spotted a horizontal intraday range.
Its lower boundary matches perfectly with the underlined daily structure.
I am expecting a pullback at least to the upper boundary of the range.
Goal - 0.9883
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