ORCA pumps, will OCEAN follow againOCEAN just broke major resistance and has a $0.10 gap before the next resistance zone. If it follows ORCA, like it has done in the past, then this token could be ready to run.
OCEANUSD trade ideas
$OCEANUSD BBBBBULLISHHThe orange line is a bit too far ahead as a prediction because it is also on the daily time period, which means each of these candles takes a day to form. My focus is more on price levels for potential reversals as I watch where I currently see price of COINBASE:OCEANUSD going, namely the 0.7611 and 0.9352 areas. I am still considering which of these, if price closes above one or both, will give me additional confirmation that we are about to move upward. But we will see what price does as I am still learning. I also expect price to not only reject at each price level but also between 1.0499 and 1.2222 before the 1.2222 area is broken.
Not financial advice, just posting my idea's for archival purposes to look back at later.
OCEAN in daily chartHello
I have chosen this symbol to show elliotticians how a correction pattern can be complex and how many scenarios can be possible for it.
There is no one in the word that can predict this chart with reliable interpretation because corrections can be expanded and make alternative legs. In the other side there is a really good strategy for corrections to make money and it is their C or Y wave which is beyond this text.
In this chart what is 100 obvious is wave abc cycle (Red Color) and then there is a pattern like Leading Diagonal that i assumed it wave a but it can any thing else.
Strategy:
what is happening now is an impulse that I marked with green color which can be wave 1 or A (Primary). In this scenario you should wait till wave A and B primary completes and then make a plan to get wave C primary.
In smaller timeframes you can get wave (5) intermediate but I don't because I am swing trader not struggler in minutes chart.
I need to add that what I said is more about Futures/Forex market because I do not trade in Crypto, specifically short trades.
Ocean merger with Fet and Agix offers opportunityOCEAN, FET and AGIX look to be migrating to ASI
This is a very interesting move as we see the market began a wave of M&A. It is important to keep an eye on these developments and can be a sign of industry about to send it higher.
OCEAN opportunity
With OCEAN being on OP it offers a low cost gas fee to buy into. It looks like it will have the lowest conversion rate of 1 OCEAN = 0.433226 ASI while 1 AGIX = 0.433350 ASI and 1 FET = 1 ASI. This is quite fair considering current prices.
This merger could lead to be a bit of volatility
Must be careful of the swings created by this expectations and speculations. While migration may offer an opportunity for OCEAN holders there is also significant risk. Ideally, ASI will be better placed come bull market but can be safest to wait for ideal entries to reduce risk.
CAN BEARS SWIM IN THE OCEAN? (Trends and Price Targets)I mean, I know polar bears drink coke and play in water because I saw the commercials.
Can bulls swim?
I'm a sinker.
Cuz of all the donuts.
This is all TA based. I've never seen or heard of this before.
However, the trend setup is fairly nice.
All the important stuff is labeled.
2 potential paths to the upside, one takes it down first and then breaks out, the other just pushes up and over into a breakout. I like the potential for the second option (orange), but that is a guideline, instead focus on the price targets and trends.
Looks bullish, but I don't want to say for sure because price can easily dip lower and lower.
Good luck!!
Ocean Protocol (OCEAN)Ocean Protocol chart is interesting; a strong upward impulse wave followed by a corrective wave. The correction is unfolding in a descending channel. After price bounced from channel's lower line, an upward wave started, then again OCEAN's corrective is unfolding in a minor descending channel. Let's see if OCEAN can reach the upper line of this channel, or even break it.
OCEAN 4-5 SetupOCEAN is currently in a downward wave-4, having breached the 50% Fibonacci retracement level, which typically marks the final point for wave-4. However, this break has not been sustained. In the crypto market, such levels are often surpassed but can still experience a rally due to high volatility. I've added an additional Fibonacci level at 0.618 as a precaution, but breaking this level would maintain a high risk for the 4-5 setup. Nonetheless, you can still start scaling into the green triangle and scaling out at the red triangle, placing the smallest order at the top and the largest at the bottom.
OCEANUSD at LHThe ocean asset has reached a lower high (LH) and shows potential for an upward movement. Observing the Fibonacci level, it's currently trading at a discounted price around the Fibonacci level of 0.71. Buying at the current market price is advisable, as it presents an opportunity to ride the trend upward.
Ocean Protocol One More High? Before CorrectionOcean Protocol One More High? Before Correction
Demand zone for future trade
OCEANUSD down and runHello community, you don't have to be the first to follow a trend. From the 2nd row this can be just as pleasant, but with less risk. An ascending triangle has formed at oceanusd, which has a very high probability of a continuation of the upward trend from the lowest line. Actions should only be opened from the bottom in a long position, because there is always a residual risk that this formation will not be 100% confirmed.
OceanUsd Elliott wave countAbove 0.57564288 we are looking to the upside to complete wave ((3)) of wave 3 with possible target 1.36 USD zone (1.618 fib extension) of the wave ((1)) of 3.
We used log scale on this count!
Ocean could be ready to fly!!I know she already pumped but i think that was just a warmup.
NOT FINANCIAL ADVICE!!!!
Ocean is about to run!! The others have been pumping and this could be next!!
Bags are packed!!!
Looking for near $1
NOT FINANCIAL ADVICE!!!
OCEAN - Big MoveOcean broken out of it's decending channel it started earlier in the year. It's respecting it's local trendline and has respected it's historical trend line and order blocks.
I have been in a long since $0.25 and took my first profit at $0.50
Re-Buy at $0.415
Next take profit is $0.71
Final Take Profit is $0.87
The abyss ? The finality ?
Maybe, we could to see the abyss again for the lasr time before the earth.
:D
oceanusd h8 xabcd buy/hold tp +30% gains🔸Hello traders, today let's review 8hour price chart for OCEANUSD. strong gains
recently off the lows , however currently short-term pullback in progress.
XABCD pattern structure with advanced entry strategy.
🔸XABCD structure is defined by point X at 44c, point A at 32c, point B at 40c,
point C at 29c and finally point D expected near 47/49 cents. Advanced entry
strategy BUY/HOLD exit at point D.
🔸Recommended strategy bulls: accumulate dips after short-term pullback
buy/hold trade setup TP bulls is point D at 47/49 cents. good luck traders!
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Only north above 0.36Ocean is set up for a potentially massive breakout. As long as bulls manage to hold 0.36 I expect higher prices. Momentum is up in bullish control zone; volatility recently slammed on the suspected lows @ 0.36. Expansion here would initiate the breakout that i expect to bleed into much higher timeframes.
Eyes on OCEANWe may see a slight pullback for the 4th tap to the top line. But as of right now OCEANs waves are looking strong. It may be a full moon soon which could cause this to take off. While BTC and ETH were dropping ocean stands strong, we could expect a move to $0.47 before a retrace so watch like a hawk and get ready for the push and pull out before true mooning happens.
Something similar to the beginning of 2023
$OCEAN breaking out of a multi months trend line resistanceMIL:OCEAN an AI token could potentially be breaking out of a multi months trend line resistance. this could easily do a 2X in the next months
Ocean Likely Headed LowerUnless it can break back above the H&S neckline and then the right shoulder, Ocean Protocol may be headed down towards the following targets instead of seeing north of a dollar again:
- TP 1 = ~8.6 cents
- TP 2 = ~3.8 cents
A possible 2x measured move would take it back under 2 cents and less than 3/10ths of a cent above the weekly close of its ATL.
Should it instead break above the neckline and right shoulder @ approx $1.10, then it could revisit its ATH or see a new ATH. Until it does that, the proposed sentiment is short.
OCEANUSD - Double Top A double top within a down channel
Price is at the top of the channel while forming this top so its likely that it will fall back into the channel
Bearish
