OKBBTC: Bearish Deep CrabThere is a Bearish Deep Crab with 2.618 and 1.618 Confluence on OKEx's Native Token when looked at from the perspective of BTC's value and the target for such a setup could take OKEx down over 90% in BTC value.
Key stats
OKBUSD - Cup and HandleOKBUSD has formed a large cup looking structure.
What I am waiting for is the handle continuation to occur.
On different timeframes a smaller symmetrical triangle is visible which supports the bullish handle theory.
OKBUSDT strong buy - NOWOKX looks stronger than ever, starting today we expect a nice and fast rally. Get ready for a bullrun
OKB - Subtle Uptrend TouchThe uptrend line has been touched!
This touch has already begun leading to big continuation upwards, we will likely see more as time progresses
Daily timeframe
Target 16.12Following weekly chart.
Found a good long opportunity ( around 25%) RSI support a long signal also.
TP 16.12
SL 10.63 - Plase wait for candle close to stop position.
OKB - Bear Market End The end of the bear market can be observed as price transitions through 1.618
A bull market will begin, (early stages of trend reversal)
This correlates well with where BTC and ETH are currently poised
OKB longOKBUSD is breaking up the upper boundary of descending channel . Bullish movement to resistance level at 29.75 is possible.
Will The Breakout Of OKB Coin Price Sustain For A New High?The weekly technical chart of OKB suggests a downside trend for the future. On the daily chart, the asset is looking to jump above for a new high. OKB coin price upside trend may face a hostile region near $30. The bounceback of the asset can see a bounceback near the value of $20. OKB price is curr
OKBThis particular pattern in this currency can be a sign that this currency is going to climb very well in the future
OKB can be 45$ again
Analysis basically on Elliott waves Principles
OKBUSDT Sweet bounce (Long)Looks like OKB is ready to have a sweet bounce.
Here is why i think its a good long position:
- 50 MA touch
- 61.8% Fib touch
- Bollinger bands bottom touch
- RSI oversold
- sweet falling wedge pattern
Entry: 27,93
Stop Loss: 25,79
Profit Target: 33,00
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