12h time frame
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OCEAN created a support zone(0.25~0.29), which is not only the structural support, but also the 0.382 Fib Projection. OCEAN just broke the downtrend line; although this downtrend line is not that standard, but enough to show the resistance performance. So we can set a trading plan with good risk to reward ratio here.
TP: 0.63~0.7
SL: 0.232
Entry: 0.3532
Profit: 0.6591 (86.61%)
Stop: 0.2929 (17.07%)
Risk-To-Reward: 5.07
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your...
Day time frame
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OCEAN just broke out this triangle structure with good momentum.
Next, wait it to retest the structure, then there is a good timing to open long.
Target: 0.55, 0.65
SL: 0.283
Good day to all. Don't forget to support the idea with a like and follow if you like it.
#OCEAN/USDT Trade setup
OCEAN breakout this symmetrical triangle pattern and currently retesting it according to this pattern we can expect some good bounce if every things goes good.
(Basic knowledge)
A symmetrical triangle is a chart pattern characterized by two...
The price is currently at daily support. This makes a long favorable here towards the weekly resistance. The price might dip further into daily support zone, but a short in any way is not favorable from probability point of view.
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I have tried my best to bring the best possible outcome in this chart, Do not consider...
