BARSTrading

OCEAN in golden pocket + breaks MA 50 on daily!

Long
BARSTrading Updated   
KUCOIN:OCEANUSDT   Ocean Protocol / Tether
OCEAN has already crossed past the 1.618 golden pocket zone on the fib. In addition, it's using the MA 50 (red) to reach higher. It will face resistance at the MA 100 (purple) and then at the red boxes I've drawn.
However, in the long term, this is a super hold for easy +200-300% within the year. This protocol is undervalued, especially with the incredible genius backing this coin. Just look into the founder, and the team and you'll seen see why it's undervalued.
Their main focus is handling data services.
Data services are web services used to handle the programming logic for data virtualization in a cloud-hosted data storage infrastructure. In other words data virtualization is the process of retrieve data from various resources without knowing its type and physical location where it is stored. It allows you to view the data for a single customer as a complete package without digging for it.
This can be used in ANY company across the world.

It's technically well placed and now the charts are looking good too
Comment:
As mentioned, resistance zone 1 has just been touched. I expect it to stay around here and move up
Comment:
Daily breaking the purple 100MA!
Trade closed: target reached:
Resistance one hit
Comment:
0.255 next target at the second resistance zone
Trade closed: target reached:
Resistance two hit
Comment:
There may be a relief downward movement soon
Trade active:
Downward movement, expect support around $0.22
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