OKCash Correction and Eliot Wave completion.
OKCashBTC
-I know there is a lot of news on this coin going forward, but my analysis are based on 50%technical, 20% Psychological/sentimental, 20% Fundamental and 5% News.
-So (Technically) if the markets behave as expected we can only wait to see a continual move towards the support lines as the MA cross, or (News) a move down and then a possible try up which should be faced with strong resistance at the Resistance to end up correcting finally.
-Remember Coin is in un-chattered waters now anything can happen which means there is no resistance of consequence once the all time high is broken or a long consolidation on the downside. Trade with caution.
P.S
The trend is your friend till its not!
-I know there is a lot of news on this coin going forward, but my analysis are based on 50%technical, 20% Psychological/sentimental, 20% Fundamental and 5% News.
-So (Technically) if the markets behave as expected we can only wait to see a continual move towards the support lines as the MA cross, or (News) a move down and then a possible try up which should be faced with strong resistance at the Resistance to end up correcting finally.
-Remember Coin is in un-chattered waters now anything can happen which means there is no resistance of consequence once the all time high is broken or a long consolidation on the downside. Trade with caution.
P.S
The trend is your friend till its not!
Komen:
As i said unchattered waters