OKB/BTC - Relative Strength & an upcoming opportunity What Altcoin has outperformed BTC by 1000% since February 2021? CRYPTOCAP:OKB Token from the OKX Exchange.
Potential Set Up in coming months
- Break out of the falling wedge
- Bounce from the lower diagonal support
Both to me offer entry points with defined stop loss's under the both trend lines. Lets keep an eye.
OKX is one of the few exchanges that also operates from Malta in Europe under MICA regulations and is possibly one of the only alts/exchange alts demonstrating relative strength against BTC.
PUKA
OKBBTC trade ideas
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 - 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).