OKB

OKB experienced a sharp drop toward $50.80, followed by a quick V-shaped recovery and a steady upward channel. It peaked near $54 but is now showing signs of consolidation around $53.20. Momentum is waning near the top, but the uptrend remains intact unless $52 support fails.

💰 #OKB OKBOKB is forming a clean retracement pattern with strong support around the $42.95 zone, making it a great potential long entry 🧐This setup signals bullish continuation toward its next major resistance 📈🎯 Target: $71.94The combination of technical structure and strong support indicates OKB is preparing for its next big move! 🚀

— After a peak in December 2021, OKBUSDT started to move lower. There was a bounce between and February and March 2022. This ended up being a weak bounce and one final drop was needed before the project started to grow again. We are seeing a similar situation today.— After a peak in March 2024, OKBUSDT starts to move lower. There was a bounce between August and September 2024, all was looking good until this week when the action turned full red. The bounce lacks volume and seems weak. There can be one final drop before the project starts to recover and sees growth long-term.Namaste.

Technical Analysis:The price has managed to break above the previous resistance level of 40.00, which is now acting as strong support. This indicates that bulls are gaining control in the short term. Currently, the daily timeframe shows a bullish sentiment with both the Trend and Ribbon aligning upwards. This shift could lead to further bullish continuation if the support at 40.00 holds. The major target for this bullish move is set at 48.50.The price must remain above 40.00 to sustain its bullish momentum. If it breaks below this level, the next significant support lies at 37.00, where the stop loss is set to limit potential downside risk.A clear breakout above 48.50 would be needed to confirm a stronger bullish trend reversal. If the price fails to maintain above 40.00, it might signal a pullback or a continuation of the larger bearish trend.👨🏻‍💻💭 What's your view on OKB/USDT? 🧐 Share your thoughts below!_________________________________________________________________ The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.

In the crypto market, after each liquidity and receiving it Spot buying becomes very important. You can buy in two stages of the current price and in the specified prices

okb technical analysis basically on elliott waves Principls and priceaction strategies okb can be make a sharp wave to 90$ wait and watch

Looking at OKXUSDT there is a trend down the last month in a downward wedge. In the longer time frame there is strong support and resistance at this level as well. We are in a transition where one of these trends breaks and since we are near the bottom of the wedge it offers no support or resistance so it's of little concern going forward.

If a wave that occurs within the specified period breaks the b bottom. If the ending wave will form a b wave in the macro but cannot break it, the game plan changes. From there it lingers in an X wave in the macro. What follows may be a triangle or, depending on the situation, a flat or zigzag pattern. ytd

OKB/USDT Buy Spot on OKX Entry ~32-33 TP 47-57-64-71-87++ Move SL above entry when take second TP This is just an investment suggestion according to technical analysis You preserve capital and take responsibility for your investment 👉https://www.okx.com/join/HADAO #mimaxcapital

The native token (OKB) used on the Maltese crypto exchange, OKEx has printed remarkable returns over the bear market. A 10x since the Bitcoin all time high in 2021. A number of reasons now exist to suggest a change in direction: 1) Failed legacy support (yellow uptrend channel). 2) Failed support following breakout (1) with confirmed resistance on past support. 3) Regular bearish divergence. Lots of it. 9 oscillators as measured over a 4 month period now print negative divergence with price action. 4) Evidence of smart money exciting, notice the wick? If this candle closes red on the weekly, it's all over. 5) Almost all tradingview.com ideas are “long”. www.tradingview.../OKBUSDT/ideas/?sort=recen... 6) Don’t want to cause panic or alarm, but lets do it anyway. There was a remarkable similar pattern recently on an exchange token forewarning its collapse. That was the FTX token (FTT). Weekly chart below. Is it possible price action continues onwards and upwards? Sure. Is it probable? No Ww Monthly bearish divergence Before the FTX token FTT collapsed Weekly