Long
Ocean/USDT: Channel formed - Looking to break resistance
Hello Traders,
Ocean/usdt has formed an uptrend channel.
If and when we break the resistance, we should expect a retest of recent highs. A lot of speculation behind an upward movement which can also help. I’m following the FIB for Take Profits. My last take profit is right around $.63-$.75 if we can break current 200/255 MA resistance.
Sitting on my hands for this one, to watch it play out.
Good luck!
Ocean/usdt has formed an uptrend channel.
If and when we break the resistance, we should expect a retest of recent highs. A lot of speculation behind an upward movement which can also help. I’m following the FIB for Take Profits. My last take profit is right around $.63-$.75 if we can break current 200/255 MA resistance.
Sitting on my hands for this one, to watch it play out.
Good luck!
Trade active
We are pretty darn close to my last take target of around $.63. We've held pretty strong the last few hours above the 88.6% Fib.Seems to be enough momentum to keep the price moving up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.