OCEAN/BTC (Bearish continuation Pattern?KUCOIN: OCEANBTC
-Ocean Protocol is trading inside an ascending channel
-Technically, this is a Bearish pattern in the short term
-Also, the price reverses coming from a Double Top pattern breakdown
-This rising channel can be a potential downside continuation
-If Ocean will respect this channel, another leg up is possible
-But if this pattern breaks down, the target is the recent low at 2800 sat
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Oceanprotocol
Ocean - 618 bounce - Long from hereOcean - So looking at the 4h chart, it makes Sense that we completed the ABC correction after the end of wave 5 because price bounced on the 618 retrace of the entire cycle.
In the daily TF, we reached the exact same RSI support level we where at at the start of wave 1.
This is my opinion and not trading advice.
Lets hope BTC behaves.
OCEANThe Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
OCEAN/BTC: long-run price action (WIP)Will be keeping an eye on how this pair in the coming months, and posting updates here!
Let me know if you have any feedback or ideas you’d like to see.
Ocean Protocol - Ascending Triangle BITTREX:OCEANBTC winding up at resistance in ascending triangle formation
LONG OCEAN TO 3000 SATSChart 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 breakoutOcean 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 (OCEAN) Price Action AnalysisOcean 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 continue straight up.
This is not financial advice.
Thanks a lot for your support.
Namaste.
Ocean Protocol Cup & Handle Pattern inminent?I have seen the formation of posible cup & handle pattern.
If the price break above it, we might enter in long. The target of this trade would be at 0,154 $ with a Stop Loss at 0.047$.
Risk/reward ratio:1.55
OCEANBTC -> Got my bids filledAfter 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 your own research.
$OCEAN ( Bottomed Again) time for next waveocean Protocol looking great in this range. such an easy weekly chart to follow
OCEAN/BTCA 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.
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.
$OCEAN (Ocean Protocol) New channel confirmedThanks to the support on this TA. looks like fireworks coming
"OCEAN" $OCEAN cup and handle comingwe 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
