Ocean Protocol is started to gain momentum, keep an eye on it.
Analysis
Entry Point
Target Point
For investors
** I'm a novice trader, and this is part of my studies. So it's strictly not a financial advice. Feel free to share your thoughts and feedback about my analysis.
Analysis
- Bounce over bottom trend line (+)
- 20MA Supporting (+)
- RSI trying to break into bullish region (+)
- MACD showing positive momentum (+)
- Resistance at 1437 and 50MA (-)
- Moderate volume (+)
Entry Point
- Early: 1370
- Safe: 1437
Target Point
- 1865
- 2308
- 2933
For investors
- Investment Theme: Decentralised Web (Web 3.0)
- Investment Horizon: 5 to 10 years.
- Category: AI & BigData
** I'm a novice trader, and this is part of my studies. So it's strictly not a financial advice. Feel free to share your thoughts and feedback about my analysis.