OBK the token of the OKEX platform is one of the only cryptos to perform upwards lately.
Fundamentals:
OKEX is a platform that has already experienced the previous bear market (creation 2017 in China). In particular, it has experienced quite a few controversies such as the arrest of its CEO in 2020 (which came to nothing). Operates mainly in Asian markets. Based in the Seychelles with its headquarters in Malta.
Relatively well known nowadays.
Technical:
It has just broken out of a symmetrical triangle consolidation dating back to early May 2021.
We can expect an upward extension over several weeks/months until reaching the second resistance area, which is the bullish target of this triangle.
Stop loss should be wide enough for an entry at -now- levels, but it would be better to wait for a blue zone retracement if there is one.
See you guys later,
and if you like my ATs, don't hesitate to smash that like button, it means a lot to me :)
Fundamentals:
OKEX is a platform that has already experienced the previous bear market (creation 2017 in China). In particular, it has experienced quite a few controversies such as the arrest of its CEO in 2020 (which came to nothing). Operates mainly in Asian markets. Based in the Seychelles with its headquarters in Malta.
Relatively well known nowadays.
Technical:
It has just broken out of a symmetrical triangle consolidation dating back to early May 2021.
We can expect an upward extension over several weeks/months until reaching the second resistance area, which is the bullish target of this triangle.
Stop loss should be wide enough for an entry at -now- levels, but it would be better to wait for a blue zone retracement if there is one.
See you guys later,
and if you like my ATs, don't hesitate to smash that like button, it means a lot to me :)