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OCEANOCEANOCEAN
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OCEAN

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OCEANUSD trade ideas

OCEAN in daily chartHello I have chosen this symbol to show elliotticians how a correction pattern can be complex and how many scenarios can be possible for it. There is no one in the word that can predict this chart with reliable interpretation because corrections can be expanded and make alternative legs. In the other side there is a really good strategy for corrections to make money and it is their C or Y wave which is beyond this text. In this chart what is 100 obvious is wave abc cycle (Red Color) and then there is a pattern like Leading Diagonal that i assumed it wave a but it can any thing else. Strategy: what is happening now is an impulse that I marked with green color which can be wave 1 or A (Primary). In this scenario you should wait till wave A and B primary completes and then make a plan to get wave C primary. In smaller timeframes you can get wave (5) intermediate but I don't because I am swing trader not struggler in minutes chart. I need to add that what I said is more about Futures/Forex market because I do not trade in Crypto, specifically short trades.
COINBASE:OCEANUSD
by AMA_FX
Ocean merger with Fet and Agix offers opportunityOCEAN, FET and AGIX look to be migrating to ASI This is a very interesting move as we see the market began a wave of M&A. It is important to keep an eye on these developments and can be a sign of industry about to send it higher. OCEAN opportunity With OCEAN being on OP it offers a low cost gas fee to buy into. It looks like it will have the lowest conversion rate of 1 OCEAN = 0.433226 ASI while 1 AGIX = 0.433350 ASI and 1 FET = 1 ASI. This is quite fair considering current prices. This merger could lead to be a bit of volatility Must be careful of the swings created by this expectations and speculations. While migration may offer an opportunity for OCEAN holders there is also significant risk. Ideally, ASI will be better placed come bull market but can be safest to wait for ideal entries to reduce risk.
COINBASE:OCEANUSDLong
by SoftQuant
CAN BEARS SWIM IN THE OCEAN? (Trends and Price Targets)I mean, I know polar bears drink coke and play in water because I saw the commercials. Can bulls swim? I'm a sinker. Cuz of all the donuts. This is all TA based. I've never seen or heard of this before. However, the trend setup is fairly nice. All the important stuff is labeled. 2 potential paths to the upside, one takes it down first and then breaks out, the other just pushes up and over into a breakout. I like the potential for the second option (orange), but that is a guideline, instead focus on the price targets and trends. Looks bullish, but I don't want to say for sure because price can easily dip lower and lower. Good luck!!
CRYPTO:OCEANUSD
by nicktussing77
OCEAN 4-5 SetupOCEAN is currently in a downward wave-4, having breached the 50% Fibonacci retracement level, which typically marks the final point for wave-4. However, this break has not been sustained. In the crypto market, such levels are often surpassed but can still experience a rally due to high volatility. I've added an additional Fibonacci level at 0.618 as a precaution, but breaking this level would maintain a high risk for the 4-5 setup. Nonetheless, you can still start scaling into the green triangle and scaling out at the red triangle, placing the smallest order at the top and the largest at the bottom.
CRYPTO:OCEANUSDLong
by WaveFibs
oceanusd h8 xabcd buy/hold tp +30% gains🔸Hello traders, today let's review 8hour price chart for OCEANUSD. strong gains recently off the lows , however currently short-term pullback in progress. XABCD pattern structure with advanced entry strategy. 🔸XABCD structure is defined by point X at 44c, point A at 32c, point B at 40c, point C at 29c and finally point D expected near 47/49 cents. Advanced entry strategy BUY/HOLD exit at point D. 🔸Recommended strategy bulls: accumulate dips after short-term pullback buy/hold trade setup TP bulls is point D at 47/49 cents. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
OLong
by ProjectSyndicate
36
Ocean Likely Headed LowerUnless it can break back above the H&S neckline and then the right shoulder, Ocean Protocol may be headed down towards the following targets instead of seeing north of a dollar again: - TP 1 = ~8.6 cents - TP 2 = ~3.8 cents A possible 2x measured move would take it back under 2 cents and less than 3/10ths of a cent above the weekly close of its ATL. Should it instead break above the neckline and right shoulder @ approx $1.10, then it could revisit its ATH or see a new ATH. Until it does that, the proposed sentiment is short.
OShort
by dudebruhwhoa