OCEAN has clearly begun forming higher highs and higher lows. This is not a definite sign of a reversal, but it is signalling an excellent opportunity for a low risk trade. Many coins are reversing, so it makes sense to enter trades like this for some decent medium or long term positions.
The ideal buy price would be at previous resistance, which we are hoping turns into support.
If this trade turns out well, we can swing trade parts of the position to add onto the overall size, and then wait for clear signs of a selloff before we completely exit.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.