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OCEANBTC

OCEANBTC -> Waiting to long supportPlan 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 the first candle where only few of us were able to sold) it recovered in price and even grew by 20% (my congratulations to the holders) in almost a year. Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
by Bitduke
1
Respect the TAHey, 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 within the channel. Would I call this a bottom? yes Can it go lower from the current price? yes I'm looking for a back-test of the channel at around 480 sats. Great bounce though. Cheers
by pskex
1