1 - There is a bearish double top that sends this coin back down towards $0.35. Shown with the white line and RSI. 2 - There is a bearish possibility of it coming back from the recent break to get support before rising higher. this too is around $0.35 3 - There is a bullish possibility of it touching the higher red FIB level around $0.5, but then it will come back down as well because this is usually a reversal zone.
If BTC passes 35k, then this coin will negate all bearish scenarios.
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OCEAN makes it way down for a clear double top! Price reduction coming
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Further rejection down is possible as the double top is confirmed
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Entering support
Trade active
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OCEAN touches the support area as I mentioned and is now in a super bullish descending wedge. Buy signal!
@Ancientflames, It tested the support as I suggested in the chart. It in in a good safe area with the support level holding very well. Bullish to me. But I wouldn't say like 100% profit bullish, more like modest 30-40%
Also, the updates are already on the chart comment section. That's where I write them