OKEx Research: High Volatility, Chance for Profit or Loss?

In the previous report, we found the volatilities of OKEx’s nine major tokens are clustering on different levels relatively. As shown below, the simultaneous tide-up and -down volatility of overall markets at recent price-up and -down got attention from the market participants. Further deeper, from the correlation report, we observed BSV’s volatility level is pretty […]

OKEx Technical Weekly: Nov 18, 2019

Technical analysis of this week’s crypto trading market The lukewarm sentiment in the cryptocurrency markets remains intact after the bitcoin touched just below the 8,600 levels over the weekend. Traders have been seeking clarity on the outlook of the prices, while many of the major cryptos have been traded sideways. OKEx’s BTCUSD Index started the week […]

OKEx Strategy: BTC Monthly Range Study

Overview Bitcoin traders are all familiar with how volatile cryptocurrency prices could be, but with the right strategy, such as setting ideal entry and exit points, traders will get a higher chance to identify the right directions and able to capitalize in a turbulence market. Despite cryptocurrency remains largely a young asset class and far […]

OKEx Technical Weekly: Nov 4, 2019

Technical analysis of this week’s crypto trading market The cryptocurrency market has a muted start on Monday after bitcoin prices briefly touched 9300 levels over the weekend. Markets’ bias was mostly on the positive side, fresh data shows that institutions’ bitcoin long positions have increased to the highest since early August, indicating that long funds could […]

OKEx Technical Weekly: Oct 21, 2019

Technical analysis of this week’s crypto trading market Sentiment slightly improved as BTC reclaimed 8,200 levels We’ve seen green across the cryptocurrency space as the prices of bitcoin recovered the 8,200 levels in the early Monday Asia session. Sentiment has slightly improved overall in the crypto markets with major altcoins rebound around 2 to 6 percent. However, […]