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OKBUSDT trade ideas

OKB Fractal: Weak Bounce— After a peak in December 2021, OKBUSDT started to move lower. There was a bounce between and February and March 2022. This ended up being a weak bounce and one final drop was needed before the project started to grow again. We are seeing a similar situation today. — After a peak in March 2024, OKBUSDT starts to move lower. There was a bounce between August and September 2024, all was looking good until this week when the action turned full red. The bounce lacks volume and seems weak. There can be one final drop before the project starts to recover and sees growth long-term. Namaste.
Short
by AlanSantana
OKB | The Best Crypto Exchange token The price of OKB is 53 today with a 24hour trading volume of 144 million dollar . This represents a 13% price increase in the last 24 hours and 170% since last year bear market is the best time to assessment and judge crypto projects and exchanges now lets look at Performance of cryptocurrency exchange platform coins in the past 360 days OKB -8% BNB -20% HT -58% CRO -82% FTT -95% OKB is a cryptocurrency released by the OK Blockchain Foundation and Maltese crypto exchange, OKEx.The OKB token plays an important role in the OKEx ecosystem, It allows users to receive up to a 40% discount on transactions The OK Exchange is one of the largest in the world and currently ranks third in liquidity, fourth in trading volume, and provides a wide selection of trading pairs. OKEx has become a world-leading trading floor since its launch in 2017.Jay Hao joined OKEx as CEO from the beginning, and he still holds the position. long story short the team and founders are pros. the daily vol and most indicators are bullish and positives and Okb is ready for higher targets like 55 and 57$
Long
by moonypto
2
Formation of the TriangleOKB has recently formed a triangular pattern, where the upper side of the triangle is highlighted with black lines and has successfully broken upwards. Based on this breakout, new price targets have been determined. Additionally, the lower side of the triangle is considered as an ascending trendline, serving a supportive role. Currently, the price is moving according to the analysis performed. However, the continuation of reaching the set targets depends on maintaining the ascending trendline. If, for any reason, this trendline breaks, the upward trend could halt, and the price might fall to the red line, which serves as another support line. Maintaining this trendline is crucial to prevent significant changes in the price trend.
by MonoCoinSignal
OKEx exchange token OKB about to collapse?The native token (OKB) used on the Maltese crypto exchange, OKEx has printed remarkable returns over the bear market. A 10x since the Bitcoin all time high in 2021. A number of reasons now exist to suggest a change in direction: 1) Failed legacy support (yellow uptrend channel). 2) Failed support following breakout (1) with confirmed resistance on past support. 3) Regular bearish divergence. Lots of it. 9 oscillators as measured over a 4 month period now print negative divergence with price action. 4) Evidence of smart money exciting, notice the wick? If this candle closes red on the weekly, it's all over. 5) Almost all tradingview.com ideas are “long”. www.tradingview.com 6) Don’t want to cause panic or alarm, but lets do it anyway. There was a remarkable similar pattern recently on an exchange token forewarning its collapse. That was the FTX token (FTT). Weekly chart below. Is it possible price action continues onwards and upwards? Sure. Is it probable? No Ww Monthly bearish divergence Before the FTX token FTT collapsed Weekly
Short
by without_worries
OKB looking bullishEverything about OKB is looking bullish. Keeps on forming a bullish pennant recently. Also the OKX company decided to launch their own blockchain with OKB being used for gas. I expect them to come up with ground breaking products to amplify their new blockchain. They also keep on burning OKB, so far 70m has been burned. If OKX is to compete with Binance, they will need to step up their game and their market cap. I think we could easily see 3-5x from OKB in the next year or so. Please let me know if you agree or disagree. Lets go!
Long
by TheAlchemist888
OKB's Patterns: Fractals and Breakout Power🚀In the intricate world of market patterns, OKB appears to be retracing familiar footsteps, echoing fractals of its past movements. A closer look suggests the formation of patterns reminiscent of a previous significant breakout. Let's delve into the current landscape of OKB and the potential for another explosive move. Chart Analysis: Unveiling the Patterns Fractal Repetition: OKB is displaying patterns that mirror fractals observed in its historical price action. These fractals are notably reminiscent of a substantial rounded base formation that preceded a rapid upward surge. Previous Breakout Blueprint: In a prior instance, OKB formed a substantial rounded base, establishing a foundation for a powerful breakout. The current patterns, while on a daily timeframe instead of weekly, seem to echo the blueprint of the earlier breakout. Anticipated Scenario: A Prelude to Potential Breakout Pattern Recapitulation: The current retracement and pattern formation resemble a condensed version of the previous rounded base. Fractal repetition suggests a potential precursor to a significant market move. Breakout Potential: If history repeats itself, the current patterns may indicate an imminent breakout. Traders should watch for a decisive move above key resistance levels as a potential trigger for a new bullish cycle. Strategic Positioning: Active traders might consider strategic entry points within the current pattern, anticipating a breakout. A cautious approach involves setting stop-loss orders and closely monitoring key support and resistance levels. Strategic Approach: Navigating the OKB Landscape Pattern Recognition: Traders and analysts should pay close attention to the evolving patterns, drawing parallels with historical fractals. Identifying similarities can provide insights into potential future price movements. Breakout Confirmation: Confirmation of a breakout would involve a decisive breach of resistance levels and sustained upward momentum. Validation of the fractal pattern may signal the beginning of a new bullish trend. Conclusion: OKB's Symphony of Fractals As OKB retraces patterns reminiscent of its historical fractals, market participants find themselves at the edge of anticipation. The unfolding symphony of fractals suggests a potential breakout scenario, with traders and investors poised for the next act in the OKB narrative. 🔄 Fractal Symphony | 🚀 Awaiting the Breakout | 🔄 Echoes of Past Movements ❗See related ideas below❗ Share your insights on OKB's patterns and contribute to the collaborative analysis, enhancing our collective understanding of this digital asset. 💚🚀💚
Long
by Yaroslav_Krasko
OKB 4/SEPT to 31/Oct planShortly, on the Week timeframe he just sitting on his support zone but showing kind week momentum on this TF. But on the Daily the momentum is moving forward to the nearest resistance on 43.3x to 43.4x zone, with this sign of we can expect that OKB will be bounce off at this zone and moving forward to his lower supporting zone to get new momentum. Overall, the market is not good (if we do not want to say it is bearish and need new fresh money flow to make it good) and I do not think that OKB show enough strength to break the resist zone 43.3x. Beside that, OKB just showing he is keeping his support zone very well (41.6x - 41.8x). So I am expecting him to move as in the plan. we will need to keep our observation on next first week of sept. I will continue to update this plan after the first Sept W candle Close.
by LuTheProphecy
1
OKB (OKB) OKB is a cryptocurrency released by the OK Blockchain Foundation and Maltese crypto exchange, OKEx. The exchange is one of the largest in the world and currently ranks third in liquidity, fourth in trading volume, and provides a wide selection of trading pairs. OKEx is similar in many aspects to the cryptocurrency exchange giant Binance, but there are a few key differences. The OKEx platform has its own cloud mining service, and the company has a more focused reach in providing options trading for users. Meanwhile, Binance strives to offer a broad range of crypto services globally After Ht , OKB is another exchanges token were green for three weeks and trying to breaks its down trend but as you can see it moves in couple of arcs, the first big resistance for okb is 23 tp 17.9 , 18.3 , 18.9 , 20 , 21 sl 14.5 , 14 which exchange token got the biggest gain potential in a long term and why?
by moonypto
4
OKBUSDT Fibonacci RevelationOKBUSDT is currently showcasing a promising bounce from the 78.6% Fibonacci support level, aligning perfectly with the downtrend trendline's breakout point. The overarching sentiment leans bullish, and it appears the continuation of the uptrend is on the horizon. Given the current price dynamics, this might present a favorable risk-reward buying scenario. However, we're approaching this with a touch of caution. In terms of upward aspirations, we're eyeing a peak close to the extended ascending channel's upper edge.
Long
by CryptoPAMM
OKBUSDT's Breakout Navigating the Potential for 90% UpswingBullish Transition: 💎The #OKX Exchange's utility token made a decisive break above its long-standing supply zone in February, firmly positioning itself in bullish territory ever since. This wasn't just a fleeting moment; it marked a significant shift in its trading dynamics. Navigating the Zones: 💎Over the past six months, #OKBUSDT has been navigating between a $57 resistance and a $38 support. Intriguingly, what was once a supply zone has transformed into a demand zone, evidenced by two prominent rebounds. Recent Price Movements: 💎Recent price movements respect the upward trendline on the logarithmic 3Day chart, overcoming a minor resistance with bullish determination. This pattern increasingly suggests we're on the cusp of a pivotal moment, potentially leaning towards an upward breakout. Potential Upward Trend: 💎However, all eyes are on the descending trendline and the price behavior around it. If the bulls manage to breach this barrier, we could anticipate a continuation of the upward trend, aiming for the $73 dual Fibonacci resistance level. This scenario would represent a nearly 90% price ascent from the current demand zone. Bearish Possibilities: 💎For any bearish undertones to emerge, the demand zone needs to be decisively compromised. Until such a shift, the narrative remains predominantly bullish. As of now, our focus is on the minor support around the $47 mark. Stay vigilant, Paradisers, and keep pace with the ever-evolving crypto landscape!
Long
by MyCryptoParadise