BITTREX:OKUSD
Looking at the daily chart of O.K. Cash, we can see that just two days ago it had a huge spike with volume that took it from 22 cents to 50 cents in one day. Then it retraces with a lot less volume the last 2 day to just 24 cents. Overall it raises from a minimum of 15 cents in October 23 to a maximum of 50 cents, October 31. Then it retraced about 77% of the entire rise, to 23 cents, giving us a great opportunity to catch it at a decent price.
The kind of volume we are looking at it, is the kind of volume that made it move from 10 cents to 88 cents in two weeks last time in September of these year.
Also, we just broke up out of a triangle with huge volume, which is very bullish. It is just a $17.6 million-dollar market cap coin, so it has lots of potential for huge gains.
In addition, we have a bullish MACD crossover with positive diverge as seen on the chart.
coinmarketcap.com/currencies/okcash/
Looking at the Elliott Wave Pattern of these chart, we have just entre into primary wave 3, being primary wave 1 from the minimum of 2 cents these year to a maximum of 88 cents in September, and primary wave 2 from 88 cents in September to 15 cents in October. Now I expect primary wave 3 to take it to about $1.50 dollars, maybe more, and it would still only be 1.618% the ratio of wave 1. But it would still be about 8 times its current price.
Well see, it looks like a good stock to shoot for the fences with some of your portfolio.
Good Luck in your decisions
Looking at the daily chart of O.K. Cash, we can see that just two days ago it had a huge spike with volume that took it from 22 cents to 50 cents in one day. Then it retraces with a lot less volume the last 2 day to just 24 cents. Overall it raises from a minimum of 15 cents in October 23 to a maximum of 50 cents, October 31. Then it retraced about 77% of the entire rise, to 23 cents, giving us a great opportunity to catch it at a decent price.
The kind of volume we are looking at it, is the kind of volume that made it move from 10 cents to 88 cents in two weeks last time in September of these year.
Also, we just broke up out of a triangle with huge volume, which is very bullish. It is just a $17.6 million-dollar market cap coin, so it has lots of potential for huge gains.
In addition, we have a bullish MACD crossover with positive diverge as seen on the chart.
coinmarketcap.com/currencies/okcash/
Looking at the Elliott Wave Pattern of these chart, we have just entre into primary wave 3, being primary wave 1 from the minimum of 2 cents these year to a maximum of 88 cents in September, and primary wave 2 from 88 cents in September to 15 cents in October. Now I expect primary wave 3 to take it to about $1.50 dollars, maybe more, and it would still only be 1.618% the ratio of wave 1. But it would still be about 8 times its current price.
Well see, it looks like a good stock to shoot for the fences with some of your portfolio.
Good Luck in your decisions