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
Okx
Convergence (CONV) $2M MC — A Compelling Long-Term 100X TradeThe chart speaks for itself!
Low market cap with ample room to grow!
TARGETS:
# 0.0049
# 0.012
# 0.026
# 0.044
#0.1
PLEASE consider your own risk tolerance before making any financial decisions.
TradingView Binance All Futures USDT Pair TXT Import USDⓈ-MThis is All Pairs List for USDⓈ-M Binance Futures 2024
Last Update: 15/12/2023
238 Pairs:
binance:1000bonkusdtperp
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TRBUSDT.P Prediction (1D)My prediction for TRBUSDT.P is that the uptrend will continue and the price will reach 164.471 which is the previous high in 1W chart as shown below:
There are three entry prices:
1. Current price
2. Price if it drops down to the third red trend line (top being the first)
3. Price if it continues to drop down to the final red trend line
I suggest investing 40-50% in the first entry price, for the other two are based on the assumptions that the price will meet the considerable pullbacks.
Wall Street Memes (WSM) (1h) v2Below is the prediction on the 'wallstmemes' token ( OKX:WSMUSDT ).
Timeframe: 1h
The main supports and resistances are indicated in the idea: the most important one, reached on October 3, is $0.0417; the second one, touched on October 6, is $0,0470.
Technical analysis isn't so bullish, but...
Assuming the listing of new tier 1 exchanges such as Binance, Coinbase (there have already been exchanges on etherscan), Bybit and Kucoin, the capitalization of the token could exceed that of Pepe in its ath.
WSM's marketcap is 100mln rn: could it reach 500mln?
Wall Street Memes (WSM) (1h)Below is the prediction on the 'wallstmemes' token ( OKX:WSMUSDT ).
Timeframe: 1h
The main supports and resistances are indicated in the idea: the most important one, reached on October 3, is $0.0417; the second one, touched on October 6, is $0,0470.
Technical analysis isn't so bullish, but...
Assuming the listing of new tier 1 exchanges such as Binance, Coinbase (there have already been exchanges on etherscan), Bybit and Kucoin, the capitalization of the token could exceed that of Pepe in its ath.
WSM's marketcap is 100mln rn: could it reach 500mln?
BTC USDT DAY TRADING IDEA - 26 SEPTrendline on the monthly timeframe is respected
Going down to the day, BTC looks like it's poised to retest the month trendline.
However, on the 4 hour, resistance wick is formed below Day support.
2 possible options:
a) Price retest the region of the month's trendline and reverse
b) Price respects day support resist and heads down to
Profit 1 zone: 26020
Profit 2 zone: 25768
Timeframe of strategy playout - 1 to 2 days
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.
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!
BTC OUTLOOK On the weekly timeframe, support and consolidation channel is formed - flat highs.
Going into the daily and 4 hour, we see price action playing withing the sideways range.
The sideways range is "protected bu strong resistance and support at the daily timeframe.
For scalpers. Look for strong Buy entries above 30,087 or Sell entries below 28,568.
If BTC breaks above 31,825, its high chance that the break will be caused by News. Expect a bull to the 32-34k range. While most new sites will start publishing "Bull market is back" news, fundamentally, there is no reason why BTC will break above that.
Suggest waiting for reasonable pullback to 25k or 20k levels for strong support to form on higher timeframe, before bull run actually kicks in.
#OKX #OKXIDEAS #BTCUSDT #Crypto
BTC - It is a Matter Of Time ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
BTC has been overall bullish from a long-term perspective trading inside the rising channel in black.
BTC is currently in a correction phase as we had a break below the last major low in gray.
📉 If we compare the current gray low to the previous one, we know that the correction might only last for a couple of candles before the bulls take over again to start the next impulse movement.
🏹 The bulls would take over from a short-term perspective by breaking back above the gray low, and then remain in control for a bigger bullish movement after breaking the last major high marked in blue.
For now, we wait ⏱
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BITCOIN in June? How about a Moon BOOM 🚀✨✨✨✨Our new Ritual is a Monthly chart and a slogan.
Started in May with ''March Madness 2023. Destination Houston 🚀✨'' and madness it was! Price dipped hard before exploding upwards like a rocket.
For April the slogan was '' April's COOL 🌷🌞(31k or more)'' and it was spot ON! Price rose to 31k faster than i thought it would. Not so 'cool' that it took a dive from there.
May slogan was equally prophetic: ''Buy the dip in May and Chart a thriving Trade'' . To be honest i have still being buying every dip in May, trades go ok then turn back to entry and it is frustrating to me and most likely to you...
...and here we are in JUNE!
The tile for June is
How about a Moon BOOM 🚀✨✨✨✨
The debt ceiling is raised and this might help the cause, or at least we have avoided the worst for now (or the best, since BTC is a safe haven). US does not default for now and we stick to the plan and the chart:
31k in April and 44k this Summer :
Nothing has changed as to where Bitcoin can Go:
Remaining Long with patience 🌅
One Love,
The FXPROFESSOR 🚀✨✨✨✨
XRP - TRIO RETEST 3️⃣ UPDATEHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart), we were waiting for XRP to approach the 0.42 zone to look for buy setups as it was the intersection of three rejection zones.
Now XRP rejected our purple zone and traded higher sitting around the upper red trendline acting as a non-horizontal resistance.
🏹 For the bulls to remain in control, we need a break above the last major high in orange and upper red trendline.
Meanwhile, the bears can still kick in for one more correction. In this case, as we approach the green support again, we will be looking for new short-term buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Human Vs Machine : Focusing On One Thing In Trading"HUMANS CANNOT IMITATE MACHINE ABILITY. YOU ARE JUST P-?!?!?!?."
.
.
.
Hey there, fellow Traders! Listen up, 'cause I've got some deep thoughts for you. So, you know how our minds Work, right?.
It's like Focus that Controls everything: how we see things, what we remember, how we learn, how we solve problems, and even how we make decisions. It's like the control center of our Brain!
Now, imagine this: Trading is like a mental marathon, and you need to be mentally fit to win the race. And guess what? Focus is the ultimate key to unlock that mental fitness. Without it, your Trading game will be a total mess. It's like trying to Drive a Car with no steering wheel - you're gonna crash and burn!
But hey, don't worry, it's not all doom and gloom. I've got a joke for you: Why did the Trader lose all his money? Because he couldn't keep his Focus and kept Chasing Shiny Distractions! Ba dum tss!
(no nevermind)
GOING DEEPER AND SERIOUS
Ever wondered why they call it 'focus'? It's because when you focus, you're actually bringing the power of the Universe to converge on a single point in your mind. It's like creating a Black Hole of thoughts that sucks in all your Mental Energy and Compresses it into a laser beam of Concentration.
It's like having a psychic bulldozer that flattens distractions and obstacles in your path, leaving you with a clear mental highway to success. So, folks, let your Mind be the Master of the Universe, and let focus be your Cosmic Superpower in the World of Trading.
AGAINST THOUGHT OVERLOAD
a Thought Overload is like a monkey on caffeine, jumping from one thought to another. It's hard to concentrate when your mind is busy juggling tasks from yesterday, today, and tomorrow. Especially during those long waiting periods when boredom lurks around the corner, your mind craves distractions. So, why not declutter your mind and make it a Zen Master?
Prioritize and structure your day. Give each task its own time slot, and create a special time slot for Trading where you can focus solely on that activity. Say goodbye to irrelevant thoughts that don't serve the task at hand. Keep your mind on a tight leash and don't let it wander off. Remember, less mind clutter equals better Focus, and better Focus leads to Success!
"Life is like a sandwich, the more you add to it, the messier it gets. So, keep it simple, with just the right amount of condiments to savor its taste. Too much, and you'll end up with a soggy mess. Too little, and it'll be a bland experience. Find the perfect balance, and enjoy the deliciousness of life - Me"
MASTERING THE TECHNOLOGY
Technology can be super distracting, you know? Like, you're just trying to focus on your work, but your computer, tablet, and phone keep buzzing and beeping with notifications. Newsletters, voice messages, social media updates, they just keep coming at you like an avalanche. It's like they're all shouting, "Hey, look at me!" It's so hard to resist the urge to check them all the time.
But, here's the thing. If you want to be productive, especially during Trading Sessions, you gotta Minimize those distractions. It's like putting on noise-canceling headphones for your brain. You need to create some boundaries and make those notifications less available. Maybe put your smartphone and tablet on Airplane mode, so you can cut yourself off from the biggest distraction potential. It's like a digital detox for your sanity!
It's kinda funny, though. We live in a world where technology is supposed to make our lives easier, but sometimes it feels like it's doing the opposite. It's like having a super cool gadget that comes with a built-in "distract-o-matic" feature. But hey, we're all in this together, trying to navigate the digital jungle while staying focused on our goals.
So, let's embrace the Awesome potential of Technology, but also be Mindful of its Distractions. Let's put those Notifications on Silent, switch to Airplane Mode, and take control of our Focus. After all, the real "Smart" part of Smartphones and Tablets is the one using them, not the other way around! right?
TRADING LIKE A CHEF, WIZARD, JEDI, AND SORCERER
CHEF : The Secret Sauce of Preparation. Just like a Master Chef preps their ingredients before cooking up a Storm, Successful Traders know that preparation is the key to unlocking their trading prowess. It's like a Secret Sauce that adds Flavor to your performance, giving you an Edge in the Market Kitchen.
WIZARD : The Wizardry of Strategy. Trading is like a Chess game, and your strategies are your moves. But beware, the market is a cunning opponent that's always trying to outsmart you. To win this game, you need to be a Wizard, constantly adapting your strategies and Conjuring up new ones to stay ahead of the game.
JEDI : The Jedi Mind Tricks of Mindfulness. Just like a Jedi, Day Traders need to master the art of mindfulness. It's not just about being present in the moment, but also about using the Force to tap into the Market's energy. Trust your instincts, Read the Signs, and let the Jedi mind tricks guide you to Trading Victory.
SORCERER : The Sorcery of Time Management. Time is the most precious resource in day trading, and successful traders are like sorcerers who know how to wield it. They use spells like FOCUS, discipline, and efficiency to bend time to their will and create a trading kingdom where productivity reigns supreme.
READY FOR BRAIN TRAINING?
There a Cool Exercise to improve your Focus. Grab something interesting to read and set a timer for 30 minutes. But here's the twist: set another timer to go off every five minutes. When it beeps, ask yourself if your mind has wandered. If it has, no worries! Just bring your attention back to what you're reading. This helps strengthen your brain's ability to stay on task and keep your focus sharp, like a ninja!
"Chase your Dreams 🌊✨"
Don't be afraid to dream big, even if your dreams seem far away. We must dare to face challenges, face obstacles, and face uncertainty. We must follow the flow of the waves of life, with determination and perseverance, because it is there that we will find new opportunities and possibilities that we have never imagined before.
ahhh Thank you For Reading, I Love Writing about This, i Hope you Have Something that you Can Learn.
Please Stay Safe and Always Be there to someone you Loved,
Wishyou Profitable Months 😸.
Source Images :
D5000
Gian Cescon
jarmoluk
Image by Freepik
Jan Weber
NWimagesbySabrinaEickhoff
OKB falls with the help of Expanding Flat(Short term)❗️OKB is moving above the descending channel and near the 🔴 resistance zone($ 47-$ 46.6) 🔴.
In terms of Elliott waves, the rise of OKB to the above descending channel happened with the help of the common Expanding Flat pattern(ABC/3-3-5).
I expect OKB to fall to at least the middle line of the descending channel after breaking the 🟢 support zone($ 46.25-$ 46) 🟢.
OKB Analyze ( OKX:OKBUSDT ), 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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTCUSDTHello to all small and big traders, today I was checking all the empty spaces of CME when I noticed 3 gaps that have not been filled yet, one is in the area of 34000 to 34800, one is in the area of 21000 to 20000 and the other is in the area of 9500 to 10600. It doesn't matter if it is filled, but it must be filled. This plan is for a long-term view. Now or first, we will pay 34,000 dollars, and then the drop and the new floor, and then we will move right at the time of halving for the new ATH, or it will be filled later, whatever the case may be. be careful .
PEPE IS DANGEROUS take carePepe coin , like many other cryptocurrencies, is subject to volatility in its price, which can be affected by a range of factors such as market sentiment, news events, and technical analysis. In recent weeks, Pepe coin has been retesting and consolidating between two key levels, represented by a red line and a green line on the chart. This consolidation suggests that buyers and sellers are in a state of equilibrium, which could lead to a potential rise in price if the balance tips in favor of the buyers.
If Pepe coin breaks out of this consolidation range and moves above the red line, it could signal a bullish trend and attract more buyers into the market. This increased demand could drive up the price of Pepe coin, potentially leading to a surge in value. However, it's important to note that cryptocurrency markets are highly unpredictable and investors should always exercise caution and do their own research before making any investment decisions.
✳️ Ethereum vs Bitcoin & Elliot Wave Theory | #OKXIdeasHere we have a chart for ETHBTC with a perfect Elliot Wave sequence... Let's dive into it!
- First, we have a 5-Up Wave pattern, it starts 11-Apr. and peaks 18-Apr.
- Second, we have a perfect Zig-zag or ABC correction.
(Notice that this correction ends right at the 0.618 Fib. retracement level with a Doji, EW is big on Fib. proportions. This is also supported by increasing volume and a bottomed out RSI).
We have the perfect 5-Up and then the ABC... What follows, is a new impulse based on EW.
This setup is invalidated on a close below the 26-Apr. low.
This is not financial advice.
Thank you for reading and for your continued support.
Namaste.
✴️ Cronos Starts To Recovery (333%- 700%+ Potential) | #OKXIdeasPlease, allow me to share with you another chart that is showing huge potential for growth; Cronos (CROUSDT).
This one hit bottom November 2022, right on this date we can see a massive increase in trading volume.
Volume hadn't move strongly since a year before in November 2021.
We can see the same pattern as repeated across the Altcoins market.
✔️ The initial breakout in January followed by a peak in February, then a correction that ends mid-March and now the resumption of the bullish trend...
We can say that the probabilities are high for the bullish trend to resume going back to the volume signal. Today we have the highest volume in months... This is supported by a strong RSI.
There are many resistance levels along the way, many targets on the way up.
Here I am mapping a potential mid to long-term ranging from 333% to 700%+.
This is not financial advice.
Remember to do your own research, your own planning.
Thanks a lot for reading.
Thank you for your continued support.
Namaste.
✴️ Ethereum Weekly, Keeping It Simple | #OKXideasWe always say simple is best... If you can't explain something in a simple matter, then it is likely that you do not understand it well enough.
Yesterday I shared a trade idea for Bitcoin looking at multiple timeframe. The weekly signal which revealed that Bitcoin was still bullish was the fact that it continued to trade above EMA50 as well as EMA10.
Now we get into Ethereum and we can see the exact same.
Weekly prices continue safely trading above EMA50 and EMA10.
As long as ETHUSDT is trading above these levels, magenta and green lines on the chart, we know the bulls are ahead.
This is the easiest I can make it but we can support this signal with more.
The RSI is at 59, which is super strong.
Notice the marked candle, "6-Mar Doji", this is a strong reversal signal and definitely points to a higher high, it supports the bullish sentiment and strong RSI.
Ethereum bottomed in June 2022... Almost a year ago.
We are already in a bullish trend... Corrections and retraces are a normal part of the market action, we can use them as breaks.
When red/support/low we can buy and hold.
When green/resistance/high we can sell and wait.
Ethereum is showing potential for additional growth.
This potential is only invalidated on a weekly close below EMA10, EMA50 and EMA21 (1690 - 1800).
Namaste.
✴️ Cardano: Look Closer, The Potential is Huge | #OKXideasLet's go back to Cardano because this is one chart, one Altcoin, one pair that looks really good... Let's focus on the bigger picture and not just the short-term.
Notice on the left side of this chart, the black downtrend line... It has been broken.
When a trend is over, ends, a new trend develops.
As the bearish trend is over, a new bullish trend takes place.
Now, a bullish trend is not just one high or some growth for a few weeks or months... A bullish trend is defined by sustained higher highs and higher lows.
What this means is that we are set for growth.
Once we hit bottom, the only place left to go is up.
Cardano did hit bottom... We are very happy to see it recover and grow.
Namaste.