OCEANUSDT trade ideas
OCEAN/USDT Chart 12/03OCEAN turned green - again - tonight.
Found support above 1.32 (0.618 Fib level from latest upside move) and passed through 1.45 (0.382 Fib).
If it manages to break out of 1.54 too, which stopped it from retesting the ATH on March 10th, it could take another shot at 1.67.
OCEANUSDT 2$ soon!OCEANUSDT (1H CHART) Technical Analysis Update
FLag pattern Breakout
OCEAN/USDT currently trading at $1.48
Buy-level: Above $1.48
Stop loss: Below $1.275
Target 1: $1.65
Target 2: $1.80
Target 3: $2.00
ALWAYS KEEP STOP LOSS...
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OCEAN// Long OpportunityReasons not to enter...yet:
1. We've had the break, but not the retest and reversal as yet. It would be wise to wait for more confirmation.
2. Short term downtrend, we havent broken the most recent LH.
3. BTC pull back, its still possible for ALTs to suffer as a collective, regardless of the bullishness this week.
As always, trade with a SL. Price is on a longterm uptrend and we've had good rejection from the 61% level. I believe this is a good opportunity, however, patience is key.
OCEANUSDT - 2HWe formed a nice falling wedge on the 2Hour chart, right on previous resistance!
Looking good for a reversal from here.
For every new follower i will add a new idea :)
OCEANLong Opportunity on OCEANUSDT
3*2=7
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OCEAN Breakout!OCEAN just broke out of this major trendline. This is a very bullish signal. The price could double in the coming days.
OCEANUSDT - Tipple bottom hit -- Time to RiseFirst TP level - 1.1 -
Second TP level 1.3
Third TP level 1.5++
Ideas appreciated.
