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Ocean

Alikze => OCEAN | Pullback to the broken supply areaIn the weekly time, due to the strong failure of the supply zone and also the dynamic trigger, it is in an important resistance zone to continue the path. Therefore, if the pullback is completed to the specified area and its confirmation, it will have the ability to continue to the supply area of the previous major ceiling. Note: If the current supply area is broken and the pullback will touch the previous major ceiling. 🟩Sup: 0.39 and green box -------------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️
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by alikze
OCEAN/USDT Ready for a Bullish movement? Break key resistance!💎 OCEAN has recently experienced significant market dynamics. The breakout of the Cup and Handle pattern with substantial volume and a strong green candle indicates bullish momentum. 💎 Currently, OCEAN is in the retesting phase, approaching the previously resistant support level (the neckline of the Cup and Handle pattern). 💎 If this pattern holds, we can expect the price to bounce off this support level and probability continue its upward movement towards our target area, which is the Bearish OB area. 💎 However, if OCEAN fails to bounce during the retesting phase and even breaks down below the support area, it could signify a false breakout. In such a scenario, the chart pattern would be invalidated, and the movement could shift back to a downward trend. 💎 This would potentially lead the price back towards the demand area around 0.4 or even towards the strong support area if OCEAN fails to find support at the demand level.
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by MyCryptoParadise
Symmetric Triangle breakout | Decent Profit Opportunity--------------------------------------------------------------- Description --------------------------------------------------------------- + BINANCE:OCEANUSDT formed a decent symmetrical triangle and successfully broke out from the resistance. + We can enter at the current price range or wait for better entry if the correction happens + My Target for this trade is next resistance --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.4547 Stop Loss: 0.3945 ------------------------------ Targets 1: 0.4712 Targets 2: 0.4986 Targets 3: 0.5350 Targets 4: 0.5788 ------------------------------ Timeframe: 1D Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas. Regards VectorAlgo
OLong
by VectorAlgo
🌊📈 OCEAN Analysis 🚀💡📊 Chart Observation: Three-Day Chart: OCEAN has found strong support and is building structure. 📉 Entry and Target: Entry Point: Aiming for entry closer to $0.41. Target: Anticipating a move to $0.60, representing a potential 45% price increase. 🔄 Support Levels: Next Support: Positioned at $0.295. 📣 Market Sentiment: Confidence in the next move being upward. 🚨 Note: Market conditions may impact movements. Trade wisely! 🌊📈 #OCEAN #CryptoTrading #TechnicalAnalysis 🚀💡
OLong
by Richtv_official
Ocean#OCEAN Definitely very bullish on many Timeframes. Right now Ocean is about to face 0.5728$ resistance level, that previous times it couldn’t break, this time I think it will manage. Important will be after breakout to stay above that level, consolidation above 0.5728$ will be good for bullish continuation. If the bullish trend is strong, we may expect that the coin will continue its uptrend without correction towards to another resistance level at 0.705$, which was also hard to break last many times, also there is a 3W FVG level, so some correction is possible. And only the breakout confirmation above 0.705$ will lead the coin to other levels that you can see on the chart.
OLong
by vazitrades
🔥OCEAN is The Strongest AI Altcoin +80-200%Ocean has been consolidating in a large triangle for the last 7 months. Big sellers pressure apears below the triangle. The big guys continue to add this altcoins to it's portfolio. The closest target for this AI-related altcoin is at $0.58 key level. Also, the target for a bullish flag is at $1. 💥 AI noise is going and it's good, also Bitcoin came to the optimal accumulation price for DCA. Also no one expects the altseason now. Seems like perfect conditions. Now Ocean made +74% after the triangle breakout. It left not too much to reach the first target. like❤️ and follow
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by Alex_Dehtiarov
1
OCEAN/USDT Breaking out Resistance, Bullish Momentum ???💎 OCEAN has undeniably captured significant attention in the market. Breaking out from the strong resistance area, it is currently undergoing a valid retesting phase at the support level, which was previously a resistance. 💎 There is a probability of continued upward movement towards the major supply level area. However, if OCEAN retraces to the support area and loses this support, it could signify a false breakout. In such a scenario, there's potential for a return to the demand area at $0.357. 💎 The demand area is crucial, necessitating a bounce to reclaim it. Failure to do so may result in a loss of demand, prompting OCEAN to revert to the strong demand area.
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by MyCryptoParadise
OCEAN/USDT Upward Momentum ?? OCEAN Analysis Today💎 OCEAN has certainly piqued our curiosity, having successfully broken the descending channel pattern amid substantial buying volume. This was followed by an ideal retesting phase, propelling OCEAN towards the resistance zone. 💎 Should OCEAN fail to secure a breakout above the resistance and establish a higher position, it might retreat for another retest at the demand zone, seeking fresh momentum. Conversely, a successful breach of the resistance barrier, Probability could smooth the path for OCEAN to reach the supply and potentially bearish OB zones with ease. 💎 On the downside, if OCEAN retraces to the demand area and fails to exhibit any bullish rejection or recovery, it could undermine the support zone. This scenario, marked by a breach of the demand zone, would confirm a false breakout. Under these conditions, OCEAN might be poised for a downward journey, revisiting the foundational support levels for further testing.
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by MyCryptoParadise
Rose OCEANUSDT Analysis Rose BINANCE:OCEANUSDT has navigated a steady course within a consolidation pattern since February, demonstrating remarkable resilience. Throughout this period, the price gradually descended to find a solid footing at the $0.27 support level, indicating a robust base for potential future movements. However, recent shifts in the broader cryptomarket have injected new life into OCEAN, propelling its current price to $0.33. This surge is not merely a coincidence; it signifies a budding momentum, suggesting an impending breakthrough of the consolidation's resilient resistance. Anticipated Targets and Resistance Levels: $0.35 - $0.43 - $0.52 - $0.58 This intriguing market development beckons traders and investors alike to keep a watchful eye on OCEANUSDT. Stay tuned for the new updates and more education content! Happy trading!
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by Vestinda
OCEAN trend is bearishOCENAD has been trading in a range for some time. Looking at the waves, what we have on the chart seems to be an uptrend in the form of a double wave (WXY) that has now ended. The second part of the double wave appears to have been a symmetrical uptrend that has now ended. The very important support range is the range that I marked with the green box. I specified the invalidation level, closing a candle above this level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
OShort
by behdark
The jury is still out on the impact of El NiñoWeather has always been a key factor influencing the outlook for major commodities, especially agricultural commodities. The arrival of El Niño in June 2023 has led to a wide divergence in the performance across agricultural commodities. As discussed in our previous blog “What does El Niño’s return mean for commodities?”, the effects of El Niño include specific wind patterns across the Pacific Ocean, heavy rain in South America, and droughts in Australia and parts of Asia including India and Indonesia. This is why certain commodities such as cocoa, sugar, soybean oil and grains tend to depict a price positive environment following an El Niño phenomena. So far in 2023 – cocoa, sugar and cotton have been key beneficiaries of the El Niño weather phenomena whilst wheat, corn and soybeans have posted a weaker performance. How is the El Niño evolving? With the National Oceanic Atmospheric Administration (NOAA) forecasting more than a 95% probability of El Niño continuing through the Northern Hemisphere winter through January - March 2024 , chances are high that we continue to see further weather abnormalities over the coming months. There is now around a 71% chance that this event peaks as a strong El Niño this winter1. The main El Niño monitoring metric showed the average sea surface temperature in the central and eastern equatorial Pacific Ocean—was 1.3˚Celsius (2.3˚Fahrenheit) above the long-term average in August, up from 1˚C in July1. The whole ocean (Pacific, Atlantic, Indian, Artic and Southern Ocean ) was over 1˚C above the 20th-century average in August, the first time that’s happened in the 174-year record2. An important aspect of ocean changes is the sea level height. Presently there is a strong ocean sea level rise in the easterly tropical Pacific, a clear sign that El Niño is active3. The changes in the ocean heat content are mainly due to the expansion and rise of the strong subsurface warm pool. This also causes the sea level height to increase, usually associated with warmer waters. Agricultural commodities price response to El Niño will vary The growing of agricultural products is sensitive to weather patterns. For some crops, El Niño could boost production, while for others it could damage production. This is because the drift in warm water across the Pacific moves’ evaporation and rain such that Southeast Asia and Australia tend to get drier while Peru and Ecuador tend to receive more precipitation. Should the weather event intensify, it could be a significant catalyst for price gains in cocoa, soybean oil, sugar, and grains as discussed in “What does El Niño’s return mean for commodities?” blog. Cocoa and sugar lead the commodity scoreboard in El Niño ’s slipstream Cocoa has been an important beneficiary of the El Niño. The concentration of supply in West Africa, nearly 70% of global supply4, underlines the outsized impact of the region’s weather patterns on the world’s cocoa supplies and prices. The emerging El Niño is likely to hamper the next main crop that begins in October as it tends to bring dry and hot conditions to West Africa. This comes at a time when heavy rains in West Africa have triggered the Cocoa Swollen Shoot Virus Disease (CSSVD) and the spread of Black pod diseases. The diseases alongside the high cost of inputs, have not spared the two leading producers (i.e., Côte d’Ivoire and Ghana) and affected their volume of production5. Despite high cocoa prices, demand evident from cocoa grinding continues to rise in Asia and the US6. Sugar has also benefitted from the emergence of El Niño as lower rainfall in Asia, namely India and Thailand have resulted in lower sugar production. However, we expect further upside for sugar prices to be capped as Brazil (the world’s largest producer and exporter) is likely to fill the gap. Production in Brazil’s main Centre- South (CS) growing region between the start of the crop year in April and mid-August already amounted to 22.7mn tons, which is up 22% over the same period last year7. What’s more, the sugar mix increased to 51.1% in H1 September, up from 50.7% in H2 August signalling that Brazilian mills continue to favour sugar production over ethanol amidst higher sugar prices5. Extreme weather conditions in China have reduced domestic supplies. China is also planning to release 1.3mn tons of sugar from its reserves, to increase domestic supplies and stabilise prices4. Wheat prices stand to benefit as key producers to face the impact of El Niño On the other end of the spectrum, grains (namely wheat, corn and soybeans) continued to struggle as the United States Department of Agriculture (USDA) outlined a more bearish outlook for corn while bullish for wheat. The corn harvest is progressing well with 15% of the crop harvested, up from 11% at the same stage last year and also above the five-year average of 13%8. Moscow’s revocation of the secure grain’s corridor through the Black Sea, alongside the Russian attacks on key infrastructure along the Danube River in Ukraine, have lowered grains exports from Ukraine by 25% over the prior year. Yet wheat prices have fallen sharply this year as Russia’s record crop is enabling it to ship huge volumes to world markets. The Grain Industry Association of Western Australia has likewise reduced its crop forecast for the region by 1.5 million tons to 8.5 million tons. Most of Australia is expected to face warm and dry conditions over the next three months9, so further downward revisions are on the cards. Argentinian farmers are also battling with a drought. The Buenos Aires Grain Exchange has already warned that the crop in 2023/24 could be impaired if there is no rainfall in the near future. As the prospects for the wheat crop amongst major producer countries are becoming increasingly weak, we expect wheat to benefit from these rising tailwinds. Conclusion There has been a wide divergence within the commodity linked Exchange Traded Funds (ETF) flows since the start of the year. Agriculture linked ETFs have seen US$458mn worth of outflows while energy linked commodity ETFs raked in US$1.2Bn worth of inflows10. Agriculture linked commodity ETFs likely faced outflows owing to profit taking. We continue to expect plenty of upside in select agricultural commodities as the impact of the El Niño is likely to intensify over the upcoming winter. This material is prepared by WisdomTree and its affiliates and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of the date of production and may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by WisdomTree, nor any affiliate, nor any of their officers, employees or agents. Reliance upon information in this material is at the sole discretion of the reader. Past performance is not a reliable indicator of future performance.
ICEUS:CC1!
by aneekaguptaWTE
OCEAN/USDT Signal Alert: Charting the WatersBitxer Signal Alert ID# 284-6🚀 OCEAN/USDT 🌊 Signal Alert: Charting the Waters** 📈 📈 *Trade Direction:* Long ⬆️ 📈 *Entry Point:* NOW Get ready for a thrilling ride with OCEN/USDT! 🚀 Here's the breakdown: 🎯 **Targets:** Keep your sights set on three key levels: 🎯 Target 1:- $0.3224 🎯 Target 2:- $0.3259 🎯 Target 3:- The grand prize: $0.3311 🕵️ **Analysis:** OCEAN is showing signs of upward momentum. Watch closely: - If it breaks through the $0.3311 barrier and opens a candle above it, we're looking at a bullish trend. 🛒 **Trade Strategy:** The choice is yours - whether you prefer the future or spot market, this signal is your ticket to potential profits. Bitxer's expert analysis is here to guide you. Get ready to ride the waves with this exclusive free signal! 🌊📊
OLong
by Bitxer_PK
Ocean Protocol: Strong compression that could become explosive!Ocean Protocol (OCEAN) seems to be in a very strong compression and could therefore soon blow up! Despite a small fake out from the top, the other breakouts are just wicks that are very well recovered, as can be seen on the last two low wicks. A breakout from above could at the very least take us towards $0.42, and a breakout from below could see the asset fall towards $0.23-$0.24. We favour an upward movement, but proceed with caution!
OLong
by Blockunity
2