OKCash Possible Breakout of Falling Wedge

23 thg 11, 2017

OOKBTC may have just broken out of a falling wedge coinciding with a bounce off a fib level (50%). This coupled with the upcoming birthday announcement could mean OK may retest earlier highs. Like most new events in crypto, this will probably be a sell the news situation where we will see accumulation until the announcement is made.

Entry: < 5600-5700
TP1: 6000
TP2: 6500
TP3: 7000
Target: 8000
MOON: >9000 (in the event of spectacular news...)

23 thg 11, 2017

Giao dịch đang hoạt động

So far, so good. nearing first take profit target.

23 thg 11, 2017

Ghi chú

Resistance at 5900 is strong but if it is broken, the second target will come easily

23 thg 11, 2017

Ghi chú

TP1: Reached. Should be long now...

23 thg 11, 2017

Ghi chú

OK ended up dipping after all. Perhaps i was a little bulltarded but this is a good price level to add to your longs

25 thg 11, 2017

Đóng lệnh: dừng lỗ

Real disappointing performance from OKCash. Unnecessary FUD from the failure to release any news has caused the price to plummet and it doesn't look like its going to recover at the moment

25 thg 11, 2017

Ghi chú

s3.amazonaws.com/tradingview/snapshots/r/rs5keAEf.png

(for those who are not as risk averse as I am, OK may be bouncing off the 200MA on the 4hr so the bay be hope but if it breaks though the tunnel down is long and dark...)