I have seen the formation of posible cup & handle pattern. If the price break above it, we might enter in long. The target of this trade would be at 0,154 $ with a Stop Loss at 0.047$. Risk/reward ratio:1.55
After about a month of waiting, got my bids filled for Ocean Protocol on Bittrex. It bounced off support and I hope will continue to move up. Of course, if bitcoin suddenly begins to go parabolic, I'll have to close the trade. Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do...
ocean Protocol looking great in this range. such an easy weekly chart to follow
A retest of the the top at 912 sats before a correction or a dump to the support line near 600 sats? Divergence between 3 tops in MACD and the price. Price close to a strong resistance. Other scenario : price breaks the resistance and fly to 1000 sats and more.. and invalidate the MACD divergence.
Plan to wait and long this altcoin when (iff) it hits support (green box). 147 place on coinmarketcap, 18 MM capitalization. Not the worst altcoin. Not shorting here because first of all there's no platform to do that lol and I think there's a chance that it won't be reach support and continue to going up. As you can see after falling by 83% (I'm not counting...
dam that is one bullish PENNANT ON OCEAN
Thanks to the support on this TA. looks like fireworks coming
Going as planned and indicators turned bullish
we saw a nice double top play out followed by a rather large drop. I am convinced that this was forming into an acceding triangle before BTC decided to " bad word " itself. Regardless another bullish pattern appears to have formed. cup and handle
Hey, It seems the inverse have come about. Looks like this was the end of the pump. All dependent on btc of course. Cheers,
Hey, Ocean is showing hidden bullish divergence on the RSI, MACD, and MFI everything is saying number go up, however, everything is dependent on bitcoin Cheers,
Hey, What an amazing run and it respected the channel on the way down. Keeping in mind that everything is dependent on bitcoin price action. Most of the oscillators are approaching oversold conditions. This token doesn't seem to like being oversold on the RSI ever since it's bottom at 109 sats. The MFI has been a better oscillator to read the local bottom...
Signal OCNBTC LONG Open 641; SL 511; TP 1585; Risk/Reward: 1/7.26
I think this was the run for $OCEAN for now. Current hype phase loosing steam. MACD turned over with bearish cross. I reckon with a retrace to the 200d MA. Buying zone around 250-350 sats. For me, we need smth more solid coming up for Ocean to propel this into price discovery regions (big partnership, serious development advancements like mainnet, etc.). For now...
Here is the chart for Ocean Protocol (OCEANBTC) on Bittrex. We can see a clear uptrend, the next step is likely to be a new higher high, after OCEANBTC manages to break and remain above EMA10/50, afterward it can make a huge jump, this is marked with a green arrow. Additional details can be found on the chart. Thanks for reading. Namaste.