OKCash (OKBTC) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, OKCash began a wave one advance in May 2015. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in September 2017, and the red wave two (blue sub-waves a-b-c) correction ended on August 14 this year. If this wave count is correct, OKCash should be heading next towards the September 2017 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
OKCash is a Proof of stake currency with a 5% yearly coin percentage reward currently. Crypto with ImRedryan published a coin review just when OKCash peaked in September 2017.
(Sources: https://okcash.io/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "OKCash will takeout the April 2018 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "OKCash will drop below the May 2016 low".
If you think OKCash is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "OKCash will stay in a trading range between the May 2016 low and the April 2018 peak until September 22".
(Chart courtesy of Tradingview.com (log scale))
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