OCEANUSDT showing bullish momentum with price reversal supported by 1H Divergence and Inverse Head & Shoulder Pattern. Entry based on buy Stop and TP's placed using R:R of 1:1 and 1:2. SL is placed at previous LL. What do you think, will it hit the target?
Ocean shows a STRONG SUPPORT with price getting bounced three times. Price action shows BULLISH movement with 4H divergence. Rising trendline also support the price momentum upwards. Risk and Reward is at 1:1 and 1:2
12h time frame - OCEAN created a support zone(0.25~0.29), which is not only the structural support, but also the 0.382 Fib Projection. OCEAN just broke the downtrend line; although this downtrend line is not that standard, but enough to show the resistance performance. So we can set a trading plan with good risk to reward ratio here. TP: 0.63~0.7 SL: 0.232
Entry: 0.3532 Profit: 0.6591 (86.61%) Stop: 0.2929 (17.07%) Risk-To-Reward: 5.07 hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your...
Day time frame - OCEAN just broke out this triangle structure with good momentum. Next, wait it to retest the structure, then there is a good timing to open long. Target: 0.55, 0.65 SL: 0.283
Good day to all. Don't forget to support the idea with a like and follow if you like it. #OCEAN/USDT Trade setup OCEAN breakout this symmetrical triangle pattern and currently retesting it according to this pattern we can expect some good bounce if every things goes good. (Basic knowledge) A symmetrical triangle is a chart pattern characterized by two...
The price is currently at daily support. This makes a long favorable here towards the weekly resistance. The price might dip further into daily support zone, but a short in any way is not favorable from probability point of view.
OCEANUSDT Technical analysis update Buy zone: Below $0.27 Stop loss: $0.190 Take Profit 1: $0.315 Take Profit 2: $0.40 Take Profit 3: $0.60 Spot Trade Always keep stop loss
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Entry Market Tp1 0.43655 tp2- 0.4384144 tp3- 0.44256 tp4- 0.4451 SL- 0.41655 Leverage 20x
OCEANUSDT (4h Chart) Technical analysis OCEANUSDT (4h Chart) Currently trading at $0.587 Buy level: Above $0.585 Stop loss: Below $0.525 TP1: $0.624 TP2: $0.673 TP3: $0.7272 TP4: $0.80 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
This is not financial advice If OCEANUSDT successfully breakout the 4H Chart it's possible to get 2.00 USDT or more