I have been paying close attention to OCEAN/BTC and i have noticing that it has been posting higher highs and higher low from August 2019. Price trend looks great.
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.
lets see if we bounce of 570-600 trend and go up to 1000 sats + or do we break out of this broadening wedge ; )
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
Looking at this chart from a simple perspective we see the key levels shown by the red and green arrow. We are being supported at the 680 level. If we lose this level and no longer support we are going to see 500. If we can maintain this support and push past to 787-800 level and flip to support I think we will see 1000+ sats in the coming weeks/months. I am...
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...
Hey, I know i'm late, but it broke the falling wedge. Macd is showing positive momentum, not over bought on the RSI and MFI, hasn't even tested it former high. Would long if I could long. Cheers
OCEAN BTC 3 Day Chart declining volume lower lows on T3-CC1 (while price is making hh) lower lows on RSO (while price is making hh) RSI is about to cross bearish I will try to get in on the retest since I missed the beautiful SFP
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...
Local top reached on OCEAN/BTC pair. Reasons: 1) RSI resistance hit, same as previous local tops 2) Bearish divergence at RSI 70, same as previous local tops 3) CMF crossing zero line