TheSignalyst

OKB Trend-Following Setup ↗️ Analysis #19/50

OKX:OKBUSDT   OKB/Tether
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

on DAILY: Left Chart
OKB is overall bullish, and now retesting a strong demand zone, so we will be looking for buy setups on lower timeframes.

on H4: Right Chart
OKB is bearish from a short-term perspective trading inside the red channel.

🏹 Trigger => for the bulls to take over, we need a new high to form and then a break above the upper red trendline and red zone.

Meanwhile, until the buy is activated, OKB can still trade lower till the 37.0 support or even break it downward.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL
www.RichTL.com

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