OCEANBTC trade ideas
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 / $BTC 4 Hour - @bitloinWith the uncertainty around the stock market, bitcoin, and life in general, it can be hard to try to make sense of all the madness. With that being said, there is always a reason to find hope, which in this case, is the $OCEAN chart. Looks like there's been a nice bounce off the 750 sat area which will continue its upward trend. I am long on the $BTC pair, although if you are trading in $USD, I would be wary to enter until $BTC has settled down. Heads up, I am expecting some big news for $OCEAN in the coming months!
ocean-btc move coming soonclear tightening range on the ocean/btc chart. expecting it to go on price discovery above old ath when we break out of this.
$OCEAN / $BTC 1 Hour Chart - BitloinUpdate on my $OCEAN analysis: It looks like the Market Maker has decided to not let this dump before the AMA tomorrow at 7 am EST. If there is a significant announcement, then I am expecting an ATH run, especially with the breakouts we've been seeing lately with alts. If it turns out there was nothing significant form the AMA, I am expecting a dump to 700 sats. I'm taking my chances with a decent position, but have a stop-loss ready.
$OCEAN / $BTC 4 Hour Update - @bitloinStill watching $OCEAN as my next play for when it hits a decent buy zone. With $BTC looking like its heading downward, I am in cash on the sidelines until things settle down. With a head and shoulders formation on the 4-hour chart (albeit not a clean formation with a long right shoulder) I am expecting $OCEAN to hit 650 sats. Depending on how $BTC behaves, my guess is that you might be able to scoop up some $OCEAN for around $0.05.
$OCEAN / $BTC Daily RangeThe range for $OCEAN during 2020 on a daily timeframe. Currently rising on declining volume from a small bounce off the second to the bottom trendline. Although they are launching V2 of their platform in the coming days, I think BTC has too strong of a case to see this, or any salt, make any significant moves. My bet it this will hit both bottom trendlines before a bounce in June.
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/BTC Long TermI have been paying close attention to OCEAN/BTC and i have noticing that it has been posting higher highs and higher low from August 2019. Price trend looks great.
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.
$ocean (ocean protocol) Nice long term uptrendlets see if we bounce of 570-600 trend and go up to 1000 sats +
or do we break out of this broadening wedge ; )
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
OCEANBTC 1 WeekLooking at this chart from a simple perspective we see the key levels shown by the red and green arrow. We are being supported at the 680 level. If we lose this level and no longer support we are going to see 500.
If we can maintain this support and push past to 787-800 level and flip to support I think we will see 1000+ sats in the coming weeks/months. I am neutral right now.
"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
we've come to an impasseHey,
It seems the inverse have come about.
Looks like this was the end of the pump.
All dependent on btc of course.
Cheers,
