OkCash technical Analysis

in #bitcoin7 years ago (edited)

It has been almost a month since I have posted on steemit. Been learning and experimenting on what techniques and what skills we have to hone to become a good trader and investor in crypto-currencies. Also keeping intuition and insights in the backseat (because it doesn't happen always and it doesn't give detail) but without muting it down because I think it is very important as well...

So I just felt like it would be very helpful to many others like me who might be willing to learn and do well on their own too..

So here's my analysis on OkCash..

OkCash just recently bounced off of a support line that extended from late October, so the labeling is as shown according to my analysis.. Feel free to comment what you think is possible and start the discussion..

The correction after wave 4 seems to have ended, having taken the form of a 5-3-5 zig zag and also having used the support line for a bounce I think the direction is clear for this one and we should impulse up..

So the wave 5 light blue should take the value to approximately $0.947 or higher.. should be near $1.03 ish I believe.. Lets see how the week progresses..

OkCash vs USD

Zoomed in

If you felt that this post was useful and that I should continue doing more posts or something different, then do let me know...
Let me know if video analysis or something would be of help too..
And also upvote, resteem and follow guys

Just a blog!

Peace

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