Traders,
OCN has had a great run these last few weeks and now we are in a good position to jump on this trend.
After breaking out of resistance we see that price retested that price zone and is now acting as support.
21 EMA has also been a good indication of support.
R:R is ideal in the low 90 sats for entry and high 80 sats as a SL.
Good luck traders and looking forward to seeing your comments.
OCN has had a great run these last few weeks and now we are in a good position to jump on this trend.
After breaking out of resistance we see that price retested that price zone and is now acting as support.
21 EMA has also been a good indication of support.
R:R is ideal in the low 90 sats for entry and high 80 sats as a SL.
Good luck traders and looking forward to seeing your comments.
Trade closed: stop reached:
Stopped at 88 sats