Ocean Protocol is looking to test new ATH levels 30% Gain to the 127.20% Fibonacci level. From the current price level we can expect a test of the previous ATH @ $1.70 which is a 13% gain from the current price level 19/03/21. Stochastics show an extremely overbought market and we can expect a healthy retracement after testing the previous ATH $1.70 reached on...
as we ca see the price has already touched the 161.8% Fibonacci projection and it is called as extension zone and it can be interpreted as a good long confirmation
please comment your opinions
Hi guys..its the latest analyze chart of #OCEANBTC in #4H time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
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OCEAN / USDT
🌟 TECHINCAL ANALYSIS 🌟
After break major trendline resistance (red) on 24 october
Ocean give us nice Profit in past
And achieved all targets
You can see here my previous call
Now :
Recently it formed small falling wedge (violet)
Dropped from it during btc dump
to its strongest support
(Weekly support around 0.3850-0.4000$ )
The RSI also...
The 3000sts zone has always been an important area since there is always a significant buying force when OCEAN approaches this zone, so we should pay attention to this zone.
Currently, the 4000sts area is the area that has inhibited the price increase of OCEAN since September, so keep an eye on this area.
The 5000sts zone is the ceiling price we should always sell...
