Chart in H4. Accumulation phase between a pump to 3000 sats. RSI is well oriented.
Tokenswap in 15 days, probably listed on Coinbase soon. This is moon coin.
Targets:
1- 3000 sats
2- 5000 sats
3- 10 000 sats
Ocean broke out of the channel it's been in from pretty much the start.
It's currently in a very aggressive upward channel that seems unsustainable to me, but it would be nice if we created a new channel on top of the old one. Just a guess and drawing lines, pretty much impossible to predict imo.
Ocean Protocol (OCEANBTC) is on a strong uptrend but might have peaked.
The technicals are bullish but some bearish signals are starting to show up.
The MACD is losing momentum and we are seeing lower highs.
If the prices fail to move above the magenta line, we will see some retrace before more up... This my current view but this can easily change and prices...
With the uncertainty around the stock market, bitcoin, and life in general, it can be hard to try to make sense of all the madness. With that being said, there is always a reason to find hope, which in this case, is the $OCEAN chart. Looks like there's been a nice bounce off the 750 sat area which will continue its upward trend. I am long on the $BTC pair,...
Update on my $OCEAN analysis: It looks like the Market Maker has decided to not let this dump before the AMA tomorrow at 7 am EST. If there is a significant announcement, then I am expecting an ATH run, especially with the breakouts we've been seeing lately with alts. If it turns out there was nothing significant form the AMA, I am expecting a dump to 700 sats....
Still watching $OCEAN as my next play for when it hits a decent buy zone. With $BTC looking like its heading downward, I am in cash on the sidelines until things settle down. With a head and shoulders formation on the 4-hour chart (albeit not a clean formation with a long right shoulder) I am expecting $OCEAN to hit 650 sats. Depending on how $BTC behaves, my...
The range for $OCEAN during 2020 on a daily timeframe. Currently rising on declining volume from a small bounce off the second to the bottom trendline. Although they are launching V2 of their platform in the coming days, I think BTC has too strong of a case to see this, or any salt, make any significant moves. My bet it this will hit both bottom trendlines before...
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...
