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OCEANBTC

Is OCEAN/BTC gonna increase or not?Hi every One OCEAN / BITCOIN OCEAN/BTC is forming a cup and handle pattern in two days time frame! the pattern has not been broken yet but after the upward break out the price can increase as much as the measured price movement which is shown in the picture there are also divergences on both MACD and RSI which will suggests a little bit of correction before the expected bullish movement! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
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by CobraVanguard
18
OCEAN/BTC LongOCEAN/BTC looks primed for price increase here: A near picture perfect Livermore accumulation cylinder has been printed and is stalling before its next leg up, the 8 impulse wave, which in Livermore cylinders is one of the two most violent waves. Price has increased on increasing volumes (indicated by the + signs) and has decreased on decreasing volumes, (indicated by the - signs) During the 8th and 9th wave we expect volume to be very large and price to be reflected by sharp movements upwards, potentially getting to the 1 zone of the fib retracement tool @.00006157 Adding conviction to this thesis is that the MA30 has crossed above the EMA100 which has been a tell tale sign this bull market of which coins have/are gaining strength. Ichimoku is mostly bullish: -Kumo cloud is green -Lagging span is above price and cloud -Price is above cloud -TK is above cloud However it still has work to do before it is fully bullish: -TK is bearish -Price is below TK If support holds above gray line @.00002341 and the Livermore cylinder begins to play out, we may expect that relatively quickly the TK will cross bullishly and price will rise above the TK, confirming the whole chart being bullish at that point.
OLong
by Hrempe
Ocean Protocol Uptrend, Next Target Mapped At 100% PProfitsThe OCEANBTC (Ocean Protocol) chart is doing pretty good, we are looking at an uptrend. After the 12-Feb. peak, OCEANBTC retraced and hit the 0.618 Fib. retracement support level, which opens the door for additional growth. On a bullish cycle, retraces can go as short down as the 0.382 Fib. retracement level, but also 0.618 and 0.786 can be hit. The stronger the bullish wave, the shorter the retrace. Currently, OCEANBTC is moving above EMA100 (blue line) while it closed above EMA50 (magenta) yesterday. The trading volume is also starting to increase. Any trading above EMA50 and we are strongly bullish on OCEANBTC. If prices drop and close below 0.00001711 (0.618 Fib. retracement support level), the potential for lower prices increases. Here I am mapping up to 100% to the next target. Additional resistance levels are marked on the chart. Thanks a lot for reading. Namaste.
OLong
by AlanSantana
5