BYBIT:OCEANUSDT.P   OCEANUSDT Perpetual Contract
analysis
OCEAN/USDT/PERPETUAL/1H
In this time frame, the price has been able to break its downward trend line and has an upward trend line, as shown in the picture, the price has a BEARISH BUTTERFLY harmonic pattern, which can be the D area of the PRZ range of the price and up to this area Expect price impulse and in case of resistance in this area, we will expect price correction to $0.41 and $0.38 areas.
Resistances:
0.4101 - 0.4224 - 0.4387
Support:
0.38368 - 0.3806 - 0.3561
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.