OCEANBTC trade ideas
OCEANBTC Fully Mapped With Fib. Levels + AnalysisAll right... Here we have OCEANBTC, this was requested multiple times by our readers. Enjoy.
We have a rising widening wedge.
A young bullish cross on the MACD.
()
And a solid RSI.
MA200 was tested as support and now OCEANBTC is moving higher.
As the trading day started, new candle opened, prices moved above EMA50 and momentum is building up.
The bullish path is marked on the chart with a green arrow.
If prices drop below the "MA200 SUPPORT", lower support levels will be tested but the bullish bias remains intact.
Thanks for reading.
Namaste.
#creativity #learningsOCEAN: Looking for respect along .618 (highlighted) before we see an explosion.
Just an idea.
✳️OCEAN Protocol/BTC (6/11) #OCEAN $OCEAN #OCEANBTCThe 3000sts zone has always been an important area since there is always a significant buying force when OCEAN approaches this zone, so we should pay attention to this zone.
Currently, the 4000sts area is the area that has inhibited the price increase of OCEAN since September, so keep an eye on this area.
The 5000sts zone is the ceiling price we should always sell here
📈BUY- LONG Strategy
- Buy close to 2900-3000sts. Stoploss if B
📉SELL-SHORT Strategy
- Sell close to 3900-4000 if B. Stoploss if A
- Sell close to 4900-5000 if B. Stoploss if A
♻️BACK-UP Plan
- Sell close to 2900-3000sts if B. Stoploss if A
- Buy close to 1900-2000sts if A. Stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
OCEAN/USDT Cypher patternOceanusdt have a Cypher pattern . price can to reach D point . dont fotget like
OCEAN possible scenario OCEAN lost the support and falls to 0.00003000. Possible pullback to the 1 line of pitchfork ( about 0.00003280-0.00003300 ) and then continue downtrend.
OCEAN/BTC (Pullback to Previous Resistance?)💎Technical Analysis Summary💎
BINANCE: OCEANBTC
-OCEAN has been performing well despite the recent strong uptrend of BTC Dominance
-The price today may have found its temporary top resistance
-It will likely to retest its key level of support around 3200s sat
-OCEAN must hold this zone in order to continue its potential uptrend continuation
-Wait for any Bullish price reaction within the key zone for a few days
-Before making your decision to enter this trade as the market is at high-risk for Altcoins
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OCEANBTC Local S/R| .50 Fibonacci| 200 MA| Price Action Evening Traders,
Today’s analysis – OCEANBTC- trading above Local S/R with technical confluence, a bounce here is probable.
Points to consider,
- Price action impulsive
- Local S/R Support (200 MA& .50 Fibonacci)
- Upper Local S/R Resistance
- Oscillators Diverting
- Volume influx
OCEANBTC’s immediate price action is testing a key trade location with strong support; this allows us to have a bullish bias on the market.
The Local S/R is current support; price action is likely to respect this level due to technical confluence with the .50 Fibonacci and 200 MA.
The upper Local S/R is resistance, being the target; a bearish retest here is probable.
Both oscillators are currently neutral; remaining in their respective bullish control zones will allow us to maintain our bullish bias.
The volume profile has a valid volume climax, this is indicative of selling momentum being extended. Any bull moves now need to be backed with increase bull volume.
Overall, in my opinion, OCEANBTC is a valid long with defined risk; price action is to be used upon discretion/ management of trade.
Hope this analysis helps
Thank you for following my work!
And remember,
Timing, perseverance, and ten years of trying will eventually make you look like an overnight success. – Biz Stone
Ocean Wycoff AnalysisOcean in phase D, heading towards a Sign Of Strength followed by a backup, then an uptrend
$OCEAN* Inverse Head and Shoulders Pattern
* Coming up: October 5th at 2PM CEST for an AMA on Incentives and Staking in v3 datatokens."
OCEANBTCOCEANBTC
Break of the trend line, possibly growing
1 - 0.0000400
2 - 0.0000425
3 - 0.0000468
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Waiting for your comment, what do you think about this?
#OCEAN buy if support holdprinting possible Double top
trading inside a descending triangle
buy if support holds