OCN/BTC is showing some hidden bullish divergence on the 4-hour RSI and CMF. As you can see by the white trend lines, we made a higher low with the price, but a lower-low with the indicators, show-casing classic hidden bullish divergence. We are already seeing the price start to move to the upside. Liking the way this trade looks so far. Do keep an eye on Bitcoin and its price movements, since it can have a major influence on alt-coins.
--This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility.
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Here is the fib line I have drawn on the 4-hour chart:
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Apologizes, I have the 1 hour chart showing here, and the fib chart on the 4 hour.