OCEAN / USDT
๐ TECHINCAL ANALYSIS ๐
After break major trendline resistance (red) on 24 october
Ocean give us nice Profit in past
And achieved all targets
You can see here my previous call
Now :
Recently it formed small falling wedge (violet)
Dropped from it during btc dump
to its strongest support
(Weekly support around 0.3850-0.4000$ )
The RSI also is bullish and on the bottom
But ocean need to stable above weekly support for next days if that happens
We could see nice impulses to next resistance in chart
As i said we still need more Bullish signs at support area if looking for entery or break resistance
If you are already in long term then that weekly support shouldn't be broken
Good luck and happy trading ๐น
๐ TECHINCAL ANALYSIS ๐
After break major trendline resistance (red) on 24 october
Ocean give us nice Profit in past
And achieved all targets
You can see here my previous call
Now :
Recently it formed small falling wedge (violet)
Dropped from it during btc dump
to its strongest support
(Weekly support around 0.3850-0.4000$ )
The RSI also is bullish and on the bottom
But ocean need to stable above weekly support for next days if that happens
We could see nice impulses to next resistance in chart
As i said we still need more Bullish signs at support area if looking for entery or break resistance
If you are already in long term then that weekly support shouldn't be broken
Good luck and happy trading ๐น
