TradingOn

$OCEAN/USDT 1h (Binance Futures) Falling wedge breakout

Long
TradingOn Updated   
BINANCE:OCEANUSDT.P   OCEAN / TetherUS PERPETUAL CONTRACT
Ocean Protocol has broken out bullish on Low TF and looks good for a bounce after a last retest!

Current Price= 0.57644
Buy Entry= 0.57112 - 0.55248
Take Profit= 0.60922 | 0.67854 | 0.81612
Stop Loss= 0.52328

Risk/Reward= 1:1.2 | 1:2.97 | 1:6.5
Expected Profit= +25.02% | +61.98% | +135.39%
Possible Loss= -20.85%

Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 3x
Estimated Gain-time= 1 week
Trade active:
First entry filled

Ocean dipped and bounced as planned, road to first target now!
Sorry for the delay sharing the chart, we were quite busy but luckily we managed to make the call right on time!

Trade closed: target reached:
TP1 reached with +25.02% (3x) and +1.2R

Ocean is going up nicely, it was a quite accurate dip catch, more targets to go!

Trade closed: target reached:
TP2 reached with +59.07% (3x) and +2.97R

Ocean making the day and hitting perfectly second target in Futures, way to go!

Trade closed manually:
Closed at 2nd entry with -5.25% (3x) after TP1

Ocean broke-down the ascending TL in Futures and PC bot closed the position, we are still in on Spot though.


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