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OCEAN PROTOCOL/USD TETHER PERPETUAL SWAP CONTRACT

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OCEANUSDT.P trade ideas

OCEAN/USDT ascending trendline bullish ride? 👀🚀OCEAN ANALYSIS💎 Paradisers, get ready for an enticing opportunity with #OCENUSDT as it consistently follows an ascending trendline, signaling a strong possibility of a bullish move. 💎 Historically, after a break low, we've observed a temporary trend shift. Currently, as the price navigates within the internal supply zone, maintaining its position here could greatly increase the likelihood of reaching our projected resistance levels. Notably, the price is maintaining a strong position above multiple EMAs, which bolsters the potential for an upward movement. 💎 Consider the scenario where the price fails to breach the supply zone and falls below the trendline. In this case, we would pivot to Plan B, anticipating a bullish rebound from a lower level, supported by robust liquidity. This setup increases the chances of a bullish reversal upon retesting this level. 💎 A break below the bullish Order Block (OB) could indicate a weakening of the trend, leading to a bullish invalidation and potentially significant price declines. Stay prepared to adapt your strategies as market conditions evolve. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
OCEAN buy setupA bullish diametric has been formed from where we entered "start" on the chart. Now it looks like wave e is complete. From the green range it can be pumped up and the f wave ends. G wave targets are included on the chart. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
OCEAN : ELLIOT WAVESHello there, I think the rally for some Alts will be stop soon. Here, me thought tell me that we stop at 1.20-1.25 at a big resistence. The third waves is completed here. After, i expect a rebond on 0.618 Fib and the last Momentum ATH in 2023 : 0.55-0.60. The next target is the 5th waves at 2.80-2.90. I will follow this plan if the confirmation of beartrend at 1.20 is confirmed. NB : If BTC drop here, ocean don't go at 1.20 but drop to here. And if BTC DROP hard, the golden resitance is at 0.33-0.35 Good luck.
by Lucideisrise
3
OCEAN/USDT It shows a bullish structure want to break a pattern!💎 Paradisers, #OCEAN is indeed a coin worth monitoring closely. 💎 After bouncing at the demand area following a rejection at the resistance of the ascending triangle, OCEAN's current price action suggests a potential retest of the resistance zone around $1.04 - $1.08. 💎 If OCEAN successfully breaks above this resistance level, it could trigger a bullish momentum, leading to continued upward movement. 💎 A breakout above the resistance of the ascending triangle could propel OCEAN towards the Bearish OB (OB-) or even directly to our target supply zone. 💎 However, if OCEAN fails to break the resistance area, there's a possibility of the price retracing back to the demand area and the support trendline of the ascending triangle pattern. 💎 A breakdown below the support trendline could invalidate the ascending triangle pattern, signaling a bearish trend reversal. In such a scenario, the price may continue downward movement towards the key support area around $0.805 - $0.761. 💎 Historically, the key support area has proven to be strong for OCEAN, with previous bounces observed at this zone. Should OCEAN revisit this area, there's potential for another bounce and a resumption of the upward movement. 💎 However, if the support is breached, confirmed by a daily candle closing below $0.761 - $0.805, it would invalidate the bullish outlook and indicate further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
OCEAN is screaming buy meBINANCE:OCEANUSDT , 1d Price is trading above the 200SMA suggesting that the long term trend is intact. The downward trendline has been broken and has been consolidating for the past two days. On the 4h, price has formed an imperfect cup and handle with the consolidation being the handle. The MACD line has crossed above the signal line indicating a bullish momentum. The only downside i see here is the lack of adequate volume on the breakout candle. It still remains interesting to keep an eye on since a break above the consolidation (base or handle) could propel price to higher highs resuming the uptrend. Breakout traders would put their stop loss (SL) below the consolidation and target the market structure highs. As always, “anything can happen” so let the market unfold and react accordingly. #DYOR
Long
by daymouse
3
OCEAN NEXT BULLISH MOVEMENT Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. OCEAN NEXT BULLISH MOVEMENT 📚 👉As we can see price is clearly bullish trading inside this rising channel, specially after breaking above our marked zone, previous major highs, 👉 Meanwhile, as the price will be approaching this zone demand, previous highs, rising trendline, we will be looking for new longs on lower time frame. If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!
Long
by Hadi_karaali