OCEAN/BTC (Bearish continuation Pattern?
KUCOIN: OCEANBTC
-Ocean Protocol is trading inside an ascending channel
-Technically, this is a Bearish pattern in the short term
-Also, the price reverses coming from a Double Top pattern breakdown
-This rising channel can be a potential downside continuation
-If Ocean will respect this channel, another leg up is possible
-But if this pattern breaks down, the target is the recent low at 2800 sat
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
**If you like my daily Published Ideas
**Please don't forget to leave a thumbs up & comment
**Happy Trading! Thank you! :)
-Ocean Protocol is trading inside an ascending channel
-Technically, this is a Bearish pattern in the short term
-Also, the price reverses coming from a Double Top pattern breakdown
-This rising channel can be a potential downside continuation
-If Ocean will respect this channel, another leg up is possible
-But if this pattern breaks down, the target is the recent low at 2800 sat
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
**If you like my daily Published Ideas
**Please don't forget to leave a thumbs up & comment
**Happy Trading! Thank you! :)
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