OCEAN/USDT JUNE - 2024The market correction presents a prime buying opportunity as panic selling sets in. We've been patiently waiting for this moment. OCEAN is now on our radar, with two identified buy zones ready for accumulation!
Remember, this is a spot tradeโnot a leverage trade. We carefully select and buy our coins in spot, aiming for massive gains without the stress of leverage and the shakeouts happening across the crypto market. While there's potential for further dumps and shakeouts, we're ready to hold our position as long as these two levels hold. However, be prepared for the possibility of losing the last line of support if the situation worsens.
-----------Disclaimer --------------------
This is not financial advice. Please do your own research and consider your risk tolerance before making any investment decisions.
It's crucial to manage your funds wisely. If the market loses the main support area, especially on the weekly chart, be prepared to exit your positions. However, stay alert for potential shakeouts - temporary drops that regain supportโwhich can provide opportunities to re-enter the market.
Remember, the strategy for taking profit isn't about hitting an exact number. Instead, we focus on areas of possible resistance. As we approach these areas, we move our stop-loss orders higher, allowing us to follow the price action toward higher targets. This method helps secure profits as the rally progresses.
Always have a plan for both entry and exit points. By adhering to these strategies, we aim to optimize our trading outcomes and secure massive profits.
Successful trading involves understanding the rules and executing them with discipline. Stay focused, manage your risks, and be ready to capitalize on market opportunities.
Happy trading!
OCEANUSDT trade ideas
Ocean Protocol / OCEAN analysisOcean Protocol price today is $0.32 with a 24hour trading volume of 130 million dollar . OCEAN price is up 20% in the last 24 hours and 100% up since last month
ocean Protocol is a blockchain based ecosystem that allows individuals and businesses to easily unlock the value of their data and monetize it through the use of ERC20 based datatokens.
publishers can monetize their data while preserving privacy and control, whereas consumers can now access datasets that were previously unavailable or difficult to find. These datasets can be discovered on the Ocean Market, where they can be purchased and later consumed or sold. now lets talk about price action.
ocean next targets are 0.35, 0.39 and 0.45 and we can have a pullback to 0.3 and 0.27. 0.37 is very important and good opportunity for scalpers
OCEAN Price a falling wedge pattern was observed and the token might trigger a breakout beyond the $0.7500 mark shortly.
OCEAN Protocol Analysis: Totally Bullish!OCEAN is undergoing a slight correction along with the entire crypto market. I expect OCEAN to bounce from the support level at $0.3773 and reach the target of $3.83
OCEAN PriceThe Ocean Protocol (OCEAN) price has reverted from its support zone of $0.5000 and witnessed a falling wedge pattern on the charts
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.
OCEANUSDTOCEANUSDT is in bullish trend.
Potentially printing HH and HL.
Bullish divergence also form in RSI.
We buy at CMP.
OCEANUSDTThe analysis is clear
if the price breaks the resistance it can move upwards However if the price fails to break the resistance properly, the analysis becomes invalid
OCEAN will be Delisted from BybitWhile OCEAN coin will get delisted from Bybit exchange on 07.06.2024, it is still looks exceptionally bullish. Perhaps it is just a price manipulation by exchange before the BIG Pump?
OCEANUSDT 1H TF Bullish (1H Div, Inverse H&S Pattern, Support)OCEANUSDT showing bullish momentum with price reversal supported by 1H Divergence and Inverse Head & Shoulder Pattern. Entry based on buy Stop and TP's placed using R:R of 1:1 and 1:2. SL is placed at previous LL. What do you think, will it hit the target?
OCEAN 4HWe expect price growth from the gray level.
When the price reaches the gray level, you can look for a buying position in a lower time frame (preferably 15 minutes).
Gray level: 0.8067_0.8230
Target1: 0.9278
Target2: 0.9798
Target3: 1.0153
Entry is not allowed until you get confirmation.
OCEAN Bullish 4H TF (Divergence, Strong Support, Rising Trend)Ocean shows a STRONG SUPPORT with price getting bounced three times. Price action shows BULLISH movement with 4H divergence. Rising trendline also support the price momentum upwards. Risk and Reward is at 1:1 and 1:2
OCEAN/USDT ascending trendline bullish ride? ๐๐OCEAN ANALYSIS๐ Paradisers, get ready for an enticing opportunity with #OCENUSDT as it consistently follows an ascending trendline, signaling a strong possibility of a bullish move.
๐ 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.
๐ 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.
๐ 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 success๐ด
OCEAN , an ocean of sideways after 2D Falling wedge bullbreak, OCEAN d double top tweezers.
taking most of my LONG off if my stop at low of thish 4h Range hits.
Then maybe I will play Long off of D EMA12 in H OS for a swingong at trendline backtest. around 1 psychological.
All eyes on BGTC 4h EQ . break bear and flush look for the stongest names and some 2D eq bullbreaks inside prior range for a SWING.
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
OCEAN FORMING an Ascending Triangle We expected OCEAN to rip out of the range minimum target 1.08, from there we expect previous resistance at 1.19.
Will update, Let me know your alts and ill do my best.
Big Wave 3 is Start From HereThree reasons in one point
- Harmonic Pattern
- Wave C is end and we are waiting Down impulse wave end in same point
- we touch up Trendline 3D frame
please check invalid point, invalid point is down wave 2 3D
Good luck ๐
#OCEAN Possible Short Opportunity โก๏ธโ๏ธ#OCEAN Possible Short Opportunity โก๏ธโ๏ธ
Breakdown of support trendline.
Breakdown if high volume.
We are below EMA cloud.
See you later ๐
OCEAN/USDT It shows a bullish structure want to break a pattern!๐ Paradisers, #OCEAN is indeed a coin worth monitoring closely.
๐ 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.
๐ If OCEAN successfully breaks above this resistance level, it could trigger a bullish momentum, leading to continued upward movement.
๐ 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.
๐ 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.
๐ 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.
๐ 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.
๐ 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 success๐ด
OCEAN longOCEAN is bouncing off the support level which is also matching with the Fibonacci 0.5 retracement level. Bullish trend is expected to continue up to 1.46.
Ocean Scalp IdeaOcean has taken upside liquidity and now heading towards downside internal liquidity which is around its FVGs as i have marked on the chart as well. If we will see some bullish structure forming around ssl+fvg then i will build long position.
OCEAN USDTOCEAN Setup. After a confirmed breakout from the marked zone in green, we could take an entry at 0.9329. Remember stop loss is your friend. Everything is on the chart.
Entry 0.9329
S.L 0.8660
T.P 1 0.9697
T.P 2 1.0030
T.P 3 1.0354
T.P 4 1.0717