Early this morning we got news of OST partnering with Unsplash, a company that is a free photo library with a Huge community.
This pumped up the price a bit a to 3500 sat, and volume is increasing from 70 btc/24 hours to 300btc. To add the squeeze has been firing for the last day or two, and ive come to trust the squeeze.
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four weeks to hit the ATH, The 55 ema should flip hard in a day or so it almost flipped last night on the two hour chart
toaby
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good points @raypeterman just worrying about bitcoin taking back some dominance from the alts.
jafo2
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@toabyt, I agree once bitcoin makes it's last correction here soon it should smooth things out. if it makes it before OST breaks out than it won't harm it.
jafo2
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trying to break out to the up side now
Monalisalena
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@raypeterman,
Hello Ray, i have some good news for you.
jafo2
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I meant it pumped to 3500 over last night
jafo2
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it pumped to 3500 long before the pre-announcement (two days ago)..then it bottomed out 20 mins before the announcement. i think it will fall back to support levels of 2900. The RSI and 55 ema tell me it's almost ready to break out i'm looking at the day charts and treating this as it's very first completed wave, with almost 90 percent retrace using fib it so go to 1100 for the second wave which could take about four weeks to complete.
cehuand84
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@raypeterman, bought a very small amount at 6400.. i think i am screwed for a very looong time right ?
jafo2
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@cehuand84, something is keeping it down, but it's really close to the breakout. They had another major announcement to day, spiked and fell back down. It looks like the best alt coin to break out in a day or so. Once it hit's your buy in price put in your stop losses at a profit. either keep raising your loss limit or sell it off in chunks to buy back when it falls. 6800 might be the top this run. But at that price you still did ok it will just take time. about a month
jafo2
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@raypeterman, bulls will let it fall to 2600 satoshi , then it will climb back to 6400....still might have to wait a month.....they want to test the support at that level