OCEAN is going in the Megaphone pattern and it is trying to break the top edge. If this pattern breaks, the heading target will be the $0.75 zone.
📈BUY- LONG Strategy
- Wait to retest the $0.45 zone
- Wait for the $0.55 zone to be broken
📉SELL-SHORT Strategy
- Selling at the $0.55 zone, OCEAN was rejected and this is the hardest resistance that OCEAN needs to overcome. Here exists a strong selling force.
- Sold at the $0.75 zone
♻️BACK-UP Plan
- Sell if the area is $0.45
- Buy back at the $0.3 zone