OST/BTC (Another Bear Flag?)💎Technical Analysis Summary💎
BINANCE: OSTBTC
-OST just rose up over 400% yesterday
-But its value declined fast also down by -67%
-The rejection at 350 sat causes a Bear flag down to 120s sat
-If this next potential Bear flag confirms a breakdown
-The downside target is back to the 60s sat area
-So please be cautious and always follow your stop loss location
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OSTETH
OST/BTC (Testing Swing Low Last Support)💎Technical Analysis Summary💎
BINANCE: OSTBTC
-OST is now testing major support area or Swing Low Support
-It is also trading inside a descending wedge
-The best approach is buying the breakout or retest
-Because this will confirm an end of the short term downtrend
-Upside target is up to 100s sat area
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OST/BTC (4H Bullish Bias)OST/BTC
-The logical resistance at 100 sat has been broken
-Just a few minutes left before the 4H candle closes
-If everything goes well, it is likely to increase up to 128 sat
-We can also see good volume with this breakout candle
-The market is looking Bullish in the short term
OST - 292%+ Potential Profits! [FREE TRADING SIGNAL]Pair: OST/BTC
Exchange: Binance
Trade Duration: Medium/Long
Risk: Moderate
Introduction
The OST blockchain infrastructure empowers new economies for mainstream businesses and emerging DAPPs. OST leads development of the OpenST Protocol, a framework for tokenising businesses.
Technical Analysis
- Series Of Higher Lows
- Approaching Breakout Of Triangle
- Volume Bursts Approaching Resistance
- Increasing Buy Pressure
- Low Marketcap (Room For Growth)
Fundamental Analysis
- Backed by leading institutional equity investors including Tencent, Greycroft and Vectr Ventures
- Reach of over 300 million end-users
Our Entry Zone
0.00000600 - 0.00000700
Our Targets
1: 0.00000880
2: 0.00001290
3: 0.00001800
4: 0.00002350
Our Stop Loss: 0.00000540
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Crypto Eye Team
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DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
OSTBTC Daily Chart with Fibonacci Retracementsost.com
OST Blockchain Infrastructure to Empower New Economies, OST is a public blockchain platform for businesses with millions of users. Launch your own Branded Tokens and turn your business into a dynamic ecosystem.
coinmarketcap.com
Price as of 8/19/18
$0.027744 USD (4.33%)
0.00000427 BTC (2.64%)
0.00009167 ETH (1.43%)
Market Cap
$10,322,980 USD
1,588 BTC
34,109 ETH
Volume (24h)
$255,665 USD
39.34 BTC
844.77 ETH
Circulating Supply
372,074,898 OST
Total Supply
800,000,000 OST
OST, clock is ticking!it is testing its major support,
expecting a moonshot coming,
it is a buy in the green area,
targets are the white margins,
Good Luck!
Simple token (OST) - Getting ready to TRIPLE in May? (x3 pot.)Following some previous examples that have done very well, Simple Token seems to be heading the same direction.
We already saw it with Verge , where I highlighted the cup & handle potential, but also the sell moment (the day of its major announcement, a typical dump day).
We saw it with ICX , for which I've been on the spot for over 20 trading days (just to tell you that it makes sense to read this post :) )
We saw it with Cardano , where I called the end of the downtrend / the bottom, and the subsequent forming of the second part of the cup and handle.
I find the Simple Token case similar, but somewhat less certain of panning out as a cup & handle scenario. Nevertheless, I propose this as an idea, as I believe there is lots of upside in this fundamentally sound cryptocurrency. If it breaks resistance at 3353 sats (the 78,6% Fibonacci correction level), we'll be heading to the 61,8% level at 4776 sat, which is already 40-50% higher (roughly calculated :-) ). If we kindly continue on the cup & handle pattern, we're in for a "tripling" in May - beginning June alone. And the thing with cup and handles is, if the handle is formed, THEN the actual upward part starts.
In short: an undervalued crypto to keep an active eye on!
PS: could you gently click the thumbs up button 10 centimeters to the right of this dot: .