Tuncay
17 posts


























$OKB #OKX When I look at #OKB, I observe that it is holding stronger than other coins. Consolidating at the top. The breakout candle (a candle with volume) will decide whether this is a distribution or an accumulation. If you want to evaluate the range of consolidation at this stage: Red line = Range High, Prev. ATH = EQ, Green box ($40s) = Range Low. If the price passes the Range High, it may move up to the red box ($53). If there is an EQ loss, the price may fall to Range Low. There are small bounce points in between but I focus on a more swing position. The bottom of the Range Low looks a bit dangerous, if it loses that area, the drop may be hard. It is useful to be careful. If it hits the red box and loses Range High again, a swing short position is one of the scenarios I have in mind. If you want to take these trades with me or if you like my analysis, you can open an account on #OKX with this link (okx.com/join/48549199) to get 30% commission discount. Have a nice day 🤝











