The price is on support zone for 3days and it seems we have a Symmetrical triangle now and if price can't stay above this support and breaks the bottom line of triangle , it can going on down trend
for targets , we have good support zone on about 44k and after it 40k
in my channels ,price is on long time support and it is bullish yet
if it breaks support line , there is support zone in about 43k
best decide in this situation is patient , because market is very inflamed
if price does stabilize above trend line , it can start new impulse wave
I think the price is ready for rise movement but it seems there are a HD- and price need to one more down movement
EMA is an important resistance for traders and when price breaks it , we can make a better decision
price broke ATH few days ago and it can increase well but it is on resistance range ( midline ) and there is a RD - in RSI too
so it can pullback to intersection of the support line and trend line
there is good situation for long position
while traders felt price would break resistance , it looks like is falling to trend line
the price is now in the support range but if it breaks , I think it can moves like this pattern ( yellow lines )
this price is not good situation for long position and we must wait for movement signs
the price is crossing up resistant level that is ATH
if it can cross , I guess it can rise to 28usdt range , pullback to support and start to move
always trade with SL and strategy
in market nothing is certain and everything is possible
#ocean is a DeFi project
according to chart price is in intersection of the resistance range and trend range and it can move to channel midline for first target
please note me your comments
