Hello everyone, here's my thoughts about #OCEAN one of the coins I'm watching. I'm Bullish LONG term but for now I'm neutral
#OCEAN is currently at a point where it appears to be showing a possible Wyckoff distribution pattern, and that`s because it was failing to do a higher high.
I don't like to bring bad news for the moon boys but this is showing me this...
We did add before about this AI coin, and we expect that with time this project can be interesting with the AI trends.
Also since the last GPT3 chat, more companies and users get interested in AI.
For the short-term view, our expectation for this coin is with the next targets.
Since time and this coin holds the trend, even with the small breakdown...
Hi Traders, Investors and Speculators of the Chart📈📉
The markets have been undeniably bullish for a few days with altcoins smashing through our targets. OCEANUSDT has already taken a two day breather and looks ready to do another parabolic move to the upside. If the buying momentum on the 12h continues (reflecting on the EMA) the next likely target could be...
Over the past few months, the OceanUSDT price has doubled. The good thing is that this growth was gradual, and trading volumes also increased along the way. Thus, interest in the coin and the project is returning after a prolonged downward trend.
If you do not have Ocean in your portfolio yet, then the range of $0.15-0.17 can be considered a balanced purchase...
On the 4-hour chart OCEAN has formed a classic bullish trough, where the three Keltner Channel lines are aggressively pointing up and the cloud on the projection is increasing greenish cloudiness, showing the bulls in full control. The MM200 in the region of 0.2209 and the RSO being overbought, shows that the token can cool down and then continue its bullish...
Finally breakout the resistance successfully, now we are waiting for retest the red box.
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OCEAN seems to make a very important trend coming time with AI.
And depending on previous studies we expect that 0,115 was the bottom of this coin and its ability to show the golden breakouts coming time.
The first expected breakout on the low time frame
The second golden breakout is at
And when the AI trend starts this coin is able to do $14 USD...
It is in very critical area. Follow the channel if it is broken it might follow the orange line and go down up to 0.25. If it doesn't break the channel enjoy the party. It will go up. I am neutral about it. But in long term it is bullish.