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Okb

OKB price is nearing the end of an interesting parallel channelThe OKB token price has been trading into the descending parallel channel for more than 2-month. Today, OKB investors attempts to breach this falling channel to the upside and jumped the token price higher by 11.5%. The OKB token price is moving towards the 200-day moving average line (yellow) of the EMA Ribbon indicator after the bounce-back over the daily price chart. Moreover, The Stoch RSI is expanding towards the overbought territory and reflecting solid bullish momentum. Conclusion For the buying opportunity, OKB investors should wait for the confirmation above the descending parallel channel. Than Only, the price may reach till the supply zone (red) Support level- $6.8 and $10 Resistance level- $20.5 and $30
Long
by TheCoinRepublic
Long OKB for Full cup and Handle Pattern OKB has full formed a curve for the cup pattern, retesting previous resistance as support near the 29.9-30 levels. Now we use the fib levels to extend for a TP target at 1.618 level at 39.39 We draw the full depth of the cup pattern and extend it above to coincide with the 1.618 level Volumes also show buyers trying to break the 33 resistance level, with at least 6 touches already on the 1H MACD crossing over to upside with momentum. TP 39.397 SL 20.0895 Very favorable RR 2.56
FTX:OKBPERPLong
by Gold_D_Roger
🆓OKB (OKB) Nov-2 #OKB $OKBOKB is trying to break through the $22 zone to move up to the $26, $30 and $40 zone this November. But if it loses the $22 zone, we can buy it back at the $19 zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 22$ zone 🔴Buy : 22 🔴Sell : 26 - 30 - 40 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 22$ zone 🔵Sell : 22 🔵Buy : 19 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
3
OKB Price Analysis: Bollinger Bands Squeeze and Hook PatternOKB has been one of the top-performing cryptocurrencies over the past week, with more than 58% gains. A very rare chart pattern, which on the surface might not say much, is pointing to a trend in the making. The recent explosive move was triggered by the Bollinger Bands squeeze and hook pattern. Bollinger Bands Squeeze Pattern In technical analysis, the Bollinger Bands squeeze happens when the two bands turn flat and get closer to each other. This indicates that there is an ongoing ranging market. This implies that when the Bollinger Bands are flat, the price tends to make explosive moves in either direction. Often, consolidations lead to trend expansion, but many times there are false breakouts too. To distinguish between a false breakout and a genuine breakout, the Bollinger Bands come in handy. When we have a breakout and the upper band “hooks” upwards, while the lower band hooks downwards, there is a higher probability of a trend continuation in the direction of the breakout. The daily OKB price chart displays the exact pattern described above. The upside breakout was accompanied by the Bollinger Bands hook in the opposite direction. Moving forward, if OKB sustains the break above the $25.21 resistance level, there is a high probability for the bulls to challenge the next resistance level found at $42.16.
Long
by cryptohopper