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EthanTW
Oct 28, 2023 8:01 AM

OCEAN target 0.7 Long

OCEAN / TetherUS PERPETUAL CONTRACTBinance

Description

12h time frame
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OCEAN created a support zone(0.25~0.29), which is not only the structural support, but also the 0.382 Fib Projection. OCEAN just broke the downtrend line; although this downtrend line is not that standard, but enough to show the resistance performance. So we can set a trading plan with good risk to reward ratio here.
TP: 0.63~0.7
SL: 0.232
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