Hello to you all. Mars Signals team wishes you high profits at all times.
We feel that this is a pull-back and the price is starting its uptrend. If it is not able to go passed its resistances along the way, there is the possibility for another retrace but we feel that the price could go even higher.
Warning: This is just a suggestion to you and we do not...
- OCEANUSDT is consolidating in a symmetrical triangle pattern.
- Price bounced off the symmetrical triangle's inclined support.
- Price brokeout above the the descending trendline resistance (1).
- Price pulled back and is retesting the fibonacci retracement level and ascending channel support.
- The retracement is resisted by a descending trendline...
OCEANUSDT is printing a descending triangle pattern on the Daily timeframe.
Price is approaching the descending triangle inclined resistance.
The current minor uptrend is support by an ascending trendline.
Bullish ⬆️ - breakout above the descending triangle inclined resistance.
Bearish ⬇️ - breakdown below the ascending trendline support.
Possible price actions...