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Ocean

OCEAN Undervalued? Potential Long Awaits!My Fellow Crypto Traders, Appreciate you taking the time to view my analysis, in which I hope you may find it beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Also, I’m new to charting game and the crypto/stock space. So, if you have any constructive criticism or tips, please share. Cheers & Happy Trading! ------------------------------------------------------------------------------------------------------------------------------------------------------------------ ANALYSIS: OCEAN is significantly undervalued from a fundamentals aspect. With data being the driving force that fuels our economy, OCEAN has carved out a niche that allows for the monetization of data in a decentralized format, which that alone should make you ever so bullish about OCEAN, and its future aspirations. Currently, OCEAN has been in what I call an accumulation phase between $0.42 to $0.26 . And in my opinion, this is a great entry-level before we see the next cycle of positive price action. Therefore, we could see a correction back down to a region of value, which is from $0.33 to $0.30 . This type of correction would be a healthy correction, thus allowing the next positive price action to break the $0.38 resistance, and continue its hunt to re-test the $0.42 . Watch for both the 9ema and the 20ema to cross the 50ema and 200ema on the 4hr timeframe, which would illustrate the dip that was previously mentioned. And from there, OCEAN should see the positive price action to hopefully break through the $0.38 resistance. Also, on the daily, we are seeing the 9ema looking to cross the 20ema , which could be that bullish sign for OCEAN to re-test the $0.38 resistance. This positive price action is also being confirmed on the Fisher Transform , due to the negative region that we are currently in. KEY: White = 4hr timeframe resistance/support Blue = Region of Value/Pivot
OLong
by AB_Trading-Intelligence
Major Ocean BUY Opportunity @ .188I've used multiple time frames, indicators, and analysis to come to this conclusion. We were heavily due for a market correction and if BTC fails to make newer highs, ALL Alts will suffer with it, no matter the fundamentals. Ocean has great fundamentals and so I would recommend you buy between the ranges of .20 - .18 As for my reasoning on the pullback, not only is the entire crypto market losing steam, but we are also experiencing some effects of the overall market health and the US Economy. If the Fed fails to print more dollars and soon, I believe the stock market will begin to tumble again and that the entire crypto market will tumble with it. Ocean is now below the cloud on the daily Ichimoku. It is also below the Tenkan and Kijun lines. Overall, we've failed to make a higher high and we've printed a lower high. A retrace would only be healthy for this market before climbing to newer highs. I'm LONG over the long term and SHORT during the short term.
OShort
by RookInvesting
1
OCEAN/BTC (Bearish continuation Pattern?KUCOIN: OCEANBTC -Ocean Protocol is trading inside an ascending channel -Technically, this is a Bearish pattern in the short term -Also, the price reverses coming from a Double Top pattern breakdown -This rising channel can be a potential downside continuation -If Ocean will respect this channel, another leg up is possible -But if this pattern breaks down, the target is the recent low at 2800 sat ^Trading involves High Risk ^Not Financial Advice ^Please exercise Risk Management **If you like my daily Published Ideas **Please don't forget to leave a thumbs up & comment **Happy Trading! Thank you! :)
O
by PolarHusk
9
Ocean Protocol is Bullish A.F - Excellent Fundamentals and HypeFundamentals Yesterday Ocean/ BTC was listed on Binance, today Ocean/USDT was listed on Poloniex. Tomorrow Ocean/USDT is listed on Binance. This is bringing much more liquidity and volume to Ocean, plus Coinbase has shortlisted it as a possible to list there, so rumours are pumping and the community is like a wild rabble with moon shots in their eyes. Alot of people are targeting $1/Ocean, so we have a lot of potential upside here. Chart Ascending triangle forming here on the 2 hour chart, target as shown. Potentially 30% gain with 10% stop loss. Or more conservative entry on breakout with volume .
OLong
by HolRiz