πLevel CharacterποΌ4H-consolidation XRP
π¨βπ«OKEx XRP perpetual contract: 4 Hour level of chart shows that $0.2500 support level has been broken easily in this morning, and we can treat it as an invalid support and ignore this level. Price stop falling around $0.2465, this position used to be another head in previous head and shoulder patterns. Through the whole trend of the market, most altcoins include BTC need to pullback more than recently. XRP is especially trading fallow among alts. This means the rebound of it may be later than some strong coins.
π¨βπ«OKEx XRP perpetual contract: 4 Hour level of chart shows that $0.2500 support level has been broken easily in this morning, and we can treat it as an invalid support and ignore this level. Price stop falling around $0.2465, this position used to be another head in previous head and shoulder patterns. Through the whole trend of the market, most altcoins include BTC need to pullback more than recently. XRP is especially trading fallow among alts. This means the rebound of it may be later than some strong coins.
πLevel CharacterποΌ1D - bullish γBTCγ
π¨βπ«Investors could see that blue arrows I marked on it, this is a daily level chart so that we should treat the recent moving trend as the fourth wave of the 5 waves theory, itβs a pullback wave, in fact, in a mid-term bullish trend, this bottom of the pullback need to be higher than the past pullback wave which is near $8250, and if bullish strength is strong enough, the bottom can even higher than the top of the first bullish wave which is about $9150.
πInvestors should pay attention to the support condition at the moment in order to judge the best opportunity for the next rebound.
π¨βπ«Investors could see that blue arrows I marked on it, this is a daily level chart so that we should treat the recent moving trend as the fourth wave of the 5 waves theory, itβs a pullback wave, in fact, in a mid-term bullish trend, this bottom of the pullback need to be higher than the past pullback wave which is near $8250, and if bullish strength is strong enough, the bottom can even higher than the top of the first bullish wave which is about $9150.
πInvestors should pay attention to the support condition at the moment in order to judge the best opportunity for the next rebound.
Forwarded from Petra@OKX
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πLevel CharacterποΌ 4H-bullish γETHγ
π¨βπ«MACD of ETH is stronger than BTC as the recent top energy is larger than the past one as the chart shows. Itβs an extension of a bullish trend, this means the bottom of the pullback wonβt below $195, if break $195 means the end of this bullish stage.Volume data also indicates that the buying funds are growing gradually during these days.
βοΈInvestors could just pay attention to the end of the pullback and to judge the future direction with the support level.π°
π¨βπ«MACD of ETH is stronger than BTC as the recent top energy is larger than the past one as the chart shows. Itβs an extension of a bullish trend, this means the bottom of the pullback wonβt below $195, if break $195 means the end of this bullish stage.Volume data also indicates that the buying funds are growing gradually during these days.
βοΈInvestors could just pay attention to the end of the pullback and to judge the future direction with the support level.π°
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πLevel CharacterποΌ 1H-bullish[ETH]
π¨βπ«If there is no growing volume at night, trend may have two possible routes to go, first one is the yellow arrows as the first callback support area should among $210~$215. Price is able to create a new high in short term if stabilize on $215. If the market behavior come back to rationality, callback may go like the red arrow which will be supported near
π₯MACD gives a weaker pump energy signal as the lower of the bullish solid, volume temporary has no reference as the bulls may always generating at night.
π¨βπ«If there is no growing volume at night, trend may have two possible routes to go, first one is the yellow arrows as the first callback support area should among $210~$215. Price is able to create a new high in short term if stabilize on $215. If the market behavior come back to rationality, callback may go like the red arrow which will be supported near
π₯MACD gives a weaker pump energy signal as the lower of the bullish solid, volume temporary has no reference as the bulls may always generating at night.
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π₯There will be an AMA to introduce the ecosystem partnership between OKEx & MakerDAO and the exclusive DSR rate on OKEx Pool with their lead of China, Chao Pan.
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AMA: To introduce the ecosystem partnership between us & @MakerDAO & exclusive DSR rate on #OKExPool, weβll be hosting an #AMA with their π¨π³ lead Chao Pan on our group https://t.co/WYnx8JB6Be on Feb 14, 10AM (UTC). Submit your Qs below β¬οΈ Get 20 $DAI if yoursββ¦
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π₯³π₯³Welcome to the course of Zero basic to learn Market Analysis
π―Upon completion of the course, you will be able to understand Candlestick Line and learn analysis of Bitcoin
πCourse Content: Bullish & Bearish Candlestick's(K-line) combination and application
β°Course Start Time: 7:30 AM 12th Feb. οΌUTC +0οΌ
πNote: There will be airdrops π°for the users who actively engaging discussion
π―Upon completion of the course, you will be able to understand Candlestick Line and learn analysis of Bitcoin
πCourse Content: Bullish & Bearish Candlestick's(K-line) combination and application
β°Course Start Time: 7:30 AM 12th Feb. οΌUTC +0οΌ
πNote: There will be airdrops π°for the users who actively engaging discussion
π£Adjustment of Futures and Perpetual Swap Price Limit Rules
https://okexsupport.zendesk.com/hc/en-us/articles/360039317072
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πBTC
ππFrom the 4-H chart, we can see itβs possible that the trend is arriving at the end of 5th wave to this bullish stage, as the bullish emotion and strength are strong, this lead the 5th wave became an extension wave. Therefore, I split this wave into 5 sub waves, now the last of the sub waves is coming to the end, this means that callback possibility if large than before.
π₯However, if price still stabilize on $10200, means the market emotion is really high and may wonβt have a callback if bullish volume is in a good level.
ππFrom the 4-H chart, we can see itβs possible that the trend is arriving at the end of 5th wave to this bullish stage, as the bullish emotion and strength are strong, this lead the 5th wave became an extension wave. Therefore, I split this wave into 5 sub waves, now the last of the sub waves is coming to the end, this means that callback possibility if large than before.
π₯However, if price still stabilize on $10200, means the market emotion is really high and may wonβt have a callback if bullish volume is in a good level.
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πOKEx Marketπ
πBTC: OKEx Spot Price: $10479(1.52%)
πOKB/USD is reporting at $6.01(10.55%).
πOKEx Futures and Swap 24-Hr Volume: $5.56Billion
π₯News: Bullish sentiment is still high, and whether it can break through $10,500 will be the key for BTC to usher the next round of rising.
πBTC: OKEx Spot Price: $10479(1.52%)
πOKB/USD is reporting at $6.01(10.55%).
πOKEx Futures and Swap 24-Hr Volume: $5.56Billion
π₯News: Bullish sentiment is still high, and whether it can break through $10,500 will be the key for BTC to usher the next round of rising.
Forwarded from Petra@OKX
BTC πππ
π¨βπ«Investors should focus on the effectiveness of $10200 support area. If price can stabilize on it for today and tomorrow, $10500 can be tested again at the weekend. Otherwise, the next light support area is between $10000 and $10050, compare with this level, $9700 may become a stronger one if callback wonβt stop in short term.
πNoted: Around $10200 will have chance to enter to investors.
π¨βπ«Investors should focus on the effectiveness of $10200 support area. If price can stabilize on it for today and tomorrow, $10500 can be tested again at the weekend. Otherwise, the next light support area is between $10000 and $10050, compare with this level, $9700 may become a stronger one if callback wonβt stop in short term.
πNoted: Around $10200 will have chance to enter to investors.
βοΈImportant NewsβοΈ
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πhttps://okexsupport.zendesk.com/hc/en-us/articles/360039753411-Delisting-of-Trading-Pairs-8th-Batch
π―Delisting of Trading Pairs β 8th Batch
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