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BullishBrutus

OCEAN with a LOUD Trend Reversal Signal - Path to $1.19 begins

Long
BullishBrutus Updated   
BITTREX:OCEANUSD   None
Fibonacci Trend Lines
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1
fibonacci trendline
Ocean plays perfectly to the fibs of its initial run back in May.

The nasty wick from 10/5 perfectly hit the .236 fib signifying a reversal in trend. I'm expecting a double bottom in the coming days with a strong bounce near the .382. Road to the 1.618 begins.
Comment:
I don't see it breaking the .5 now that its breached the .618 but I do believe we'll back test it.
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