OCEANUSDT 1HOcean Protocol (OCEAN) potential scenario and updated chart
Long swing. No confirmation no entry
Oceanprotocol
Ocean Protocol is forming bullish Cypher | Good buy opportunityHi dear friends, hope you are well and welcome to another new trade setup of Ocean Protocol with US Dollar pair.
Previously we caught a nice pump of OCEAN:
On a 2-hr time frame, OCEAN is completing a final leg of bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
#OCEAN/USDT LONG TRADE SETUP#OCEAN/USDT LONG TRADE SETUP
LONG ENTRY:-$0.17025 -$0.17100
STOPLOSS:-$0.16585
TARGET:-8% TO 10%
WITH LEVERAGE:- 10 x TO 20x
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
OCEAN targets till December 2022BINANCE:OCEANUSDT
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Same chart like almost all altcoins! 491 day in downtrend. Came in investments zone -0.27.
Daily timeframe
Possible Targets
➡️ Probably by end of September or earlier we can see bear out downtrend line and find a rejection on red box sellers zone
➡️ If we test it this zone above the next target will be target around 0.06-0.08 Cents where we can again going down to test sellers zone like support area.
➡️Almost like usual new full bull run we can see by middle of Winter or beginning of spring 2023.
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OCEAN PROTOCOLOCEAN/USTD now froming valwe into Support and Resistance Zone im waiting to touch my 3rd Resistance Zone and looking for sell
OCEANUSD broke above its 1D MA50 but remains bearish for nowOcean Protocol (OCEANUSD) broke today above the 1D MA50 (blue trend-line) for the first time since April 24. Still, this is not the time to turn bullish, not even on the medium-term, as the pattern since the December 01 2021 High has been a Bearish Megaphone. As long as the price trades below the pattern's Lower Highs (top) trend-line, it is more likely to see a rejection back towards the 0.15800 Support and if broken, the 4.0 Fibonacci extension. This is because ever Lower Low of the pattern was near or below a +1.0 Fib progression. On top of that, the 1D RSI is approaching the overbought 70.00 level.
If you are looking for a long-term buy, it would be best to wait until we close a candle above the 1D MA200 (orange trend-line). The coin has been trading below that trend-line since January 20 and in fact we had a clear rejection on it on March 21.
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Ocean Protocol Long Trade 20220607Signal: Red -> Green
Context: Green
OCEAN, OCEANUSD, OCEANUSDT,OCEANUSDTP,CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
OCEAN/USDT BUYING SETUP (SWING)Buying #OCEAN/USDT (SWING)
$OCEAN Big massive news , potential rejection at fresh demand and continue upward movement
Buy zone : 0.234 - 0.216 - 0.196
Target : 0.2484 - 0.2614 - 0.2763 - 0.2992- 0.3338
Stop : 0.18
📊 OCEAN pumped 25% today. What's next?Hello, dear TradingView members.
This idea is an OCEAN analysis.
Today OCEANUSDT made a 25% pump in the past 24 hours. Before we FOMO and buy or sell, let's see what possible scenarios.
RSI crossed the border to 75 and showed overbought signals, and now it has pulled back into the range. Usually, when this happens, the price pulls back down. But since the price is moving on a support/resistance area, we might experience consolidations here.
Scenario one:
A breakout:
If the price consolidates in this key area and gathers enough buy volumes, we might have enough strength to retest the resistance level.
Scenario two:
A fake-out:
After a few hours of consolidations, the price will drop after this 25% pump.
The Bollinger Bands are closing back down, another sign of consolidation and sideways moves.
The Speedometer indicator shows Neutral volumes on the market for OCEAN on a 1D interval.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
Is Ocean Protocol accumulating for next big move?Welcome Nice Trading Bro´s & Ladies! Is Ocean Protocol accumulating for next big move? Well, right now Ocean found good support and bounce already 3 times from it here on the 4h chart. The POC is coming in at 0,22 $ also a lot of resistance because of the 4h EMA Ribbons. I really don´t like the fact that Ocean already made a lower low comparing to the initial price after the launch. Come on Bulls where are you?
OCEAN/USDT BUYING SETUPOCEAN breakdown the support but rejection one symmetrical triangle resistance become support trendline, potential continue upward movement EMA 20 & EMA 50 Nearly crossover
Buy zone : 2.238 - 0.21
Target : 0.25888 - 0.2765 - 0.2941 - 0.3118 - 0.3294
Stop : 0.19
Ocean Protocol (OCEAN) Buy ZoneOcean Protocol (OCEAN) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
Short term scenario has become neutral with our latest $BTC and $ETH move down, Ocean Protocol has reached mid-term support zone which is possible to reversal.
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$OCEAN/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 0.45 - 0.43
TP 1 : 0.46
TP 2 : 0.472
TP 3 : 0.491
TP 4 : 0.505
TP 5 : 0.518
TP 6 : 0.5345
TP 7 : 0.538
TP 8 : 0.5625
Stop Loss : 0.415
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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OCEAN TRADE UPDATEOcean has broken out nicely and so far so good for our second huge swing on this great project.
OCEAN OCEAN / USDT
in high time frames we are near the stronggest support for this coin since late 2020 !
If the lower trendline hold for next days expecting Strong bullish rally
OCEAN TRADE COMPLETEDOcean hit our 40% target with a great result, is in my HODL portfolio but was a nice swing trade.
OCEAN UPDATEWE talked about our OCEAN trade and the accumulation area I was personally refilling my Ocean bags, the chart looks good, looking for that test of resistance trend line with volume and a 4 hr close above. Lessgo.
OCEANUSDTOceanusdt holding the major trendline , if lost this trendline expect to going down to next support , but if hold this trendline expect to see 0.62$ as a first Target and if Break this resistance going to 1.03 $
NOT FINANCIAL ADVICE
OCEAN One of my favorite projects and if this is not in your portfolio, this could be a great entry to start accumulating as per the chart.
OCEAN/USDT CHART Here is a daily chart of one of my top 20 projects and see it far undervalued, I see a very nice accumulation zone for anyone not familiar with Ocean I suggest to do your research then take a look at this TA.
OCEAN HIT THE BOTTOM? ENGULFING INDICATING TREND REVERSAL#OCEAN has a very clean setup.
Confluences:
- Bullish #Harmonics
- #Engulfing Candle
- RSI near to breakout
If today's daily candle closes above $0.4578 it possibly will change the trend.
OCEAN short?- overbought RSI
- large gap between the conversion line and base line
- target is between the 0.382 fib, 0.5 fib and the 0.618 of the 1st elliott wave