If OCN can close above 0.00097544 today. Then this a worth taking risk for a 2.4R reward.
Hi All, The second idea being shared regarding OCN. Here is the link to the first. You will notice the idea was generally tracking well until... you guessed it, BTC decided to go for a run and leave ALTS behind. Our MA's had crossed and OCN assumed an upward trajectory until the 8th of April, where bitcoin spread its wings. The above should be common...
This (short-intermediate term) analysis indicates a double-three corrective pattern for OCN. Buying/Selling is your responsibility you can take it or leave it! Note: The missing data can be found eslewhere! .
OCN close to all time low 43-45 SAT RSI MACD TMA
Bullish Cross on the Stoch RSI, CCI indicating strong bullish momentum, huge increase in OBV & bounce on trend line.
According to Coingecko, $OCN / TestherUSD on Huobi exchange makes up for over 30% of total volume for Odyssey coin. Note the break of bottom channel resistance with high volume & now the retest of bottom channel as support. Long from 60-62 for 400%-500% by mid May.
How I said early - Odyssey now work just in long. We saw bottom before and now we going up. Also you can see beutifull kine on RSI. You can work with this Also we have pattern "cup", that mean that we moving up. But most of all I use logic: nobody want to sell with this price, mane people have position from 100-150 and they don't want to sell with so big minus,...
Previous time when I give signal to buy we get 15%. Now we can repeat the situation. Buy 56-58. I think at this time proffit will be much better
As you can see from the last HIGH, we are entering in the last phase of the rebound on the solder ! H&S pattern can be a realistic one ... but yet again ... this is not an advice, it's just a theory ! MACD FIB RET TEMA RSI
Recomend to buy Also on this week Odyssey team will take Airdrop to all holders OCN
Traders, OCN has had a great run these last few weeks and now we are in a good position to jump on this trend. After breaking out of resistance we see that price retested that price zone and is now acting as support. 21 EMA has also been a good indication of support. R:R is ideal in the low 90 sats for entry and high 80 sats as a SL. Good luck traders and...
Buy Price: Yellow Line TP: Green Lines Moon: White Line Support: Blue Line SL: Red Line (I don't recommend you to sell in loss.) Invest Suggestion: 5-10 Percent Profit Expectations: 5, 10 or >20 Percent Just hold and watch. Sell when you get some profit. Good Luck! Looks Good? Leave a like, share and tell me in comments if my trading advices are...
$OCN broke out of the falling wedge and retested. $OCN is also on a good long term support line.