Ocean/USDT 1H. Solid triple bottom - Trend Line Break Out
Ocean/USDT 1H. I like stacking a few Ocean on the dips. Superb project.
Looking at the 1 hour chart: I see a very good triple bottom that has offered support multiple times, far left is a 4th touch and within the rectangle is a good support zone.
Buyers are not letting OCEAN dip beyond here 78 -80cents. All this and price action is within a larger ascending triangle structure that is bullish in its own right.
Trend B, the blue descending line has been broken and had a retest, I'm a bit early to call this, but I HODL generally and look for dips. That said, I do like the look of this chart. I'm looking and HOPING to see an ATH in the shorter term.
Also note support correlates to the Fibonacci retracement. 0.618.
Fundamentally OCEAN is a good bet. Worth a look.
Looking at the 1 hour chart: I see a very good triple bottom that has offered support multiple times, far left is a 4th touch and within the rectangle is a good support zone.
Buyers are not letting OCEAN dip beyond here 78 -80cents. All this and price action is within a larger ascending triangle structure that is bullish in its own right.
Trend B, the blue descending line has been broken and had a retest, I'm a bit early to call this, but I HODL generally and look for dips. That said, I do like the look of this chart. I'm looking and HOPING to see an ATH in the shorter term.
Also note support correlates to the Fibonacci retracement. 0.618.
Fundamentally OCEAN is a good bet. Worth a look.
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