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Oceanprotocol

Bullish on OCEANTicker: OCEAN Fundamentals Ocean Protocol uses something called PoD (proof of data) and is in the business of Big Data, which is expected to reach $229.4 Billion by 2025. PoD is a little bit like PoS where you can stake your coins to earn rewards. Ocean gives big data tools for Web3, which is a massive game changer. Think if Cambridge Analytica was an ethical business! Ocean Protocol, although it's tech focused. It has an excellent BUSINESS model. There are plenty of projects that have good tech but know nothing about business, this is where they fail. Not Ocean though... If you don't know what web 3 is, think of how revolutionary the internet was. Web3 will have a similar impact to this! These are some of the few fundamentals on why I'm so bullish long term for Ocean. Technical: Time-frame: Swing Trade Area of Interest: $0.4 - $0.5 Invalidation Area: $0.35 currently, changes over time following bullish curve. Area to take profits: $0.7 - $0.8. Looking for $1.5 by Q4
OLong
by BTCyeti
OCEANUSDT - Strong consolidation, expect joining ATH club soon. OCEAN USD is consolidating since 15th August 2020. The all-time high of around 74 cents is yet to be broken. The market is nicely set up to take on the ATH in the short term. The increasing volume since December shows that the project is in the interest of investors and 0.63 Fibonacci line was tested on 19th January and it has set higher high and higher low in the last two swings. The break above 73 cents in the next week or so clearly confirms that OCEAN USD is going out of control. 1.68 Fibonacci line is inevitable at this point. Considering how the market is moving for alts, I would not be surprised if it does a 4x in the next 3-4 months. However, I will personally start taking profits starting around $1.1 USD and wait for a rebound from Fibonacci (1) line after hitting the target. ---- ____________________________________________________ As always just my personal opinion considering the market conditions, not investment advice. Thank you for your time. Good luck trading. Stay safe and sleep well. Will follow up with the updates as we go.
Long
by Kingler
3
OCEAN/USDT ready to MOON 🚀OCEAN/USDT is showing signs of incoming breakout in the coming days / weeks. There are two possible scenarios: If the long term support line breaks (unlikely) it will be perfect opportunity SHORT. (5% chance) If the resistance breaks, it's a sign for LONG. (95% chance). 🚀 Wait for the breakout before trading to lower the risk, or accumulate now, for higher risk/reward ratio. Targets: $0.6, $0.75, $1. Let me guys know what do you think about this idea?
Long
by CryptoSkylark
OCEAN poised for a breakout in coming weeksI wanted to share some observations regarding OCEAN. I've started charting it in USD as it gives a better picture on where we are heading. I only use BTC paired charts along with BTC dominance to determine the need to swap profits over to BTC. 1. Symmetrical triangle on the daily. With a bounce off the bottom the last couple of weeks I see a breakout in the next month. 2. Bullish divergence in recent weeks highlighted with the lines drawn. 3. KDJ is green and looks to continue 4. MACD just flipped green 5. Not pictured Ichimoku cloud is green and sitting above the cloud. (Omitted d/t clutter) IMO this is a gorgeous chart. The longer it coils the stronger the breakout. For perspective this triangle will appear tiny later in 2021 as the triangle formations on the left of this chart do. I'll do a follow up with some FIB extensions on where I see OCEAN over the coming months. As a preview the next impulse should put it around $2 and I see a minimum of $10 in the next 12 months.
O
by devinlightart
✳️OCEAN Protocol/USDT (13/11) View + Trading Plan #OCEAN $OCEANOCEAN is facing a strong rejection from the 0.6$ zone and it is heading to the 0.45$ zone. This is a very important zone and OCEAN can bounce back from here and strongly increase in December to the 0.9$ zone But if the 0.425-0.45$ zone fails to resist the fall of OCEAN, OCEAN will plummet to 0.3$ 📈BUY- LONG -Buy: 0.425-0.45$, stoploss if B 📉SELL-SHORT -Sell: 0.575-0.6$, stoploss if A -Sell: 0.9-0.925$, stoploss if A ♻️BACK-UP -Sell close to 0.425-0.45$ if B, stoploss if A -Buy: 0.3-0.325$, stoploss if B ❓Details: Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
O
by CryptoStation
OCEAN/BTC possible inverse head and shouldersJust wanted to share some thoughts on what I see forming with Ocean. Full disclosure this is one of my main bags and has huge potential IMO. I typically don't like to chart on lower time frames but it's useful in determining reversal patterns. 1. As you can see on the chart a possible right shoulder is forming. Next couple of days will confirm or reject. 2. Currently at resistance below the cloud, if a break into the cloud and further breakout at the top of the cloud will confirm the right shoulder. Cloud is at an inflection point where a flip green or rejection could occur. 3. MACD has had a bullish cross. Unknown whether it will hold 4. RSI looks to be climbing. We really won't see a lot of strength until BTC.D falls more. This IMO could happen anytime now. What most need to realize about BTC.D is during the last bull run it continued to fall during it's climb to ATH. Also Alts are important for Bitcoin's run as well. It's a mutually beneficial relationship. Returns earned on BTC are flowed into Alts and returns made on Alts are returned to BTC and the cycle continues, therefore a continuous loop. IMO that's why such exponential growth was seen at the very end of the last run. We've only had one major cycle of a large amount of new capital being injected into the crypto market during this run since July. Things will get really interesting after the next few injections. We are just getting started....
O
by devinlightart
OCEAN restingPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea. Also make sure to leave a like as it helps me out a lot! ------------------------------------------------------------------------------------------ OCEAN resting on daily support. It could fall further down to enter the previous range between two support levels at $0.33 & $0.38 Entry: bids between $0.33 & $3.60 SL: $0.30 TP: $0.48 - $0.50 - $0.59
OLong
by Coinathlon
1