TradingView
bilo2000
Sep 6, 2020 12:49 AM

Ocean - 618 bounce - Long from here Long

Ocean Protocol / BitcoinKuCoin

Description

Ocean - So looking at the 4h chart, it makes Sense that we completed the ABC correction after the end of wave 5 because price bounced on the 618 retrace of the entire cycle.

In the daily TF, we reached the exact same RSI support level we where at at the start of wave 1.

This is my opinion and not trading advice.

Lets hope BTC behaves.

More