OK/BTC Buy Order

in #bitcoin7 years ago

These wild moves. 80 was supported twice when this got going back a while ago. Therefore I will count the second hit mark on the chart when it flashed crashed as the key low. This is another example of another crypto making greater than a 100x score from its low to high. The 1524 represents a 38.2% down correction and the other line seems to be where it may even go further lower if this current congestion area falters.

By placing a buy order closer to 1000 gives me a lower chance of hitting such but the returns will be far greater. Usually these fib lives will settle in on these areas when need be, but when they go up and down they go through them for quick moves often.

The current level is 3500 which means that I would expect this level of support be resistance if any selling the 1000 handle occurs for where it may rally from there.

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