Here we will be looking at OkCash (OKBTC), this one has been available for trading on Bittrex since June 2015... 5 Years. This is old when it comes to crypto.
We are looking at OKBTC long-term, this is the monthly (M) chart, meaning 30 days per candle.
First, notice the huge potential and ATH (All-Time High)
Looking closer, we hit a low in May 2020 that is a bit higher than Dec. 2019, giving us a higher low and also a strong signal.
This is the first step for us to see a change of trend.
Next, we go with the MACD. Remember that the signals are ultra-strong here since we are looking at the monthly timeframe.
As written on the chart, we have a bullish cross plus the histogram going green.
Full MACD chart:
The RSI is also solid/strong above 40.
All these are early/bullish signals that still need more time to develop but are pointing to OkCash going up/green soon.
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