OKB analysis: expecting wave 5 ð
Hello, in this post I will share a detailed analysis of OKB.
ð ïļ OKB is a utility token from OKX exchange.
With it, it is possible to have discounts on trading fees and passive income in DeFi/CeFi.
OKX is one of the largest CEX (Centralized Exchange).
ð Previously on August 2, 2022, I had already analyzed this token, but in the BTC quote:
As seen, the Fibonacci target of 1,618 has already been reached.
Now the next target is on projection 2, copying the same height as the triangle below.
ðĒ Going back to the USDT quoted chart, reducing the timeframe to 1 day, we have a symmetrical triangle.
Price broke above the triangle, and performed a throwback, allowing for an entry.
That said, we have a bullish bias for this asset.
ðē So far we've analyzed the tree.
Let's analyze the forest.
Comparing the 1-year performance of the main exchanges plus BTC:
Which shows that the token is above average.
ð ïļ OKB is a utility token from OKX exchange.
With it, it is possible to have discounts on trading fees and passive income in DeFi/CeFi.
OKX is one of the largest CEX (Centralized Exchange).
ð Previously on August 2, 2022, I had already analyzed this token, but in the BTC quote:
As seen, the Fibonacci target of 1,618 has already been reached.
Now the next target is on projection 2, copying the same height as the triangle below.
ðĒ Going back to the USDT quoted chart, reducing the timeframe to 1 day, we have a symmetrical triangle.
Price broke above the triangle, and performed a throwback, allowing for an entry.
That said, we have a bullish bias for this asset.
ðē So far we've analyzed the tree.
Let's analyze the forest.
Comparing the 1-year performance of the main exchanges plus BTC:
Which shows that the token is above average.
To contribute to my work:
âĄBitcoin Lightning: forwardocean64@walletofsatoshi.com
ð Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
ðĩPayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
âĄBitcoin Lightning: forwardocean64@walletofsatoshi.com
ð Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
ðĩPayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
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