This Might bounce here.
Adding margin longs with tight stops.
Targeting higher.
Adding 0.4500 below.
Closing if doesn't hold here.
Or hold below 0.4400.
Note: Not a Financial Advice.
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
Hello colleagues! It's time for our 7th potential trade!
Today we will share with you a forecast and a potential trade for OCEAN
The cryptocurrency market is now one step away from a strong momentum . Bitcoin's price is at the critical point of $25650-25750, below which there are a large number of stop orders from local buyers:
Therefore, during this...
BINANCE:OCEANUSDT Short idea
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice....
#ocean is ranging in 1hr descending channel. A short scalp exists with tight stoploss.
While On Big time frame, there is descending channel. If breakout happens then price will touch green lines otherwise red lines. support resistance provided.
Complete scalp signal provided in Grp.
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...
Ocean lost an important support and was then supported by the uptrend line as well as the $0.25 support line. It is expected that the price will return to the previous support line, which has now become a resistance, and the price will fall again
⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do...
The price was trending well to the upside. But now it has hit the resistance and trading inside the resistance zone. It may break out to the upside but the probability does not favor that and therefore a long is not favorable. I expect a push back to the downside here. Let us see how it goes. Long will be favorable on dip to the 4h or daily support below. Or if it...
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.
MIL:OCEAN has been strong this year and now it looks ready to make another leg from breaking out on this daily Descending Triangle Consolidation which is looks like a Uptrend continuation.
Break above the resistance of this triangle then will surely get the price target of $0.8
Else, if breakdown the support of this triangle with a closing below on X icon on...
Oceanusdt
Oceanusdt breakdown confirmed on daily time-frame expecting 20-30% drop incoming days
Personal opinion not financial advice always do your own research
#OCEANUSDT looks more bullish for short term scenario
very important to break levels that i mentione on the chart to be sure about its further direction
