The fundamentals for this project are undeniably sound and with ‘data’ tipped to be the next booming commodity, $OCEAN are doing great work in enabling ‘data unlocking’
Taking a look at the chart, I have noticed a clear sign of manipulation to the downside. That large red candle with a strong uptick wick is a sign to me, that someone, somewhere, wants to have their bids filled before the next leg higher.
Now that we have had that manipulation, I think that we see $OCEAN move significantly higher over coming days and weeks. A good entry in my opinion, would be a re-test of $1.26 USD. This long trade idea is invalidated below $1.00 USD.
Taking a look at the chart, I have noticed a clear sign of manipulation to the downside. That large red candle with a strong uptick wick is a sign to me, that someone, somewhere, wants to have their bids filled before the next leg higher.
Now that we have had that manipulation, I think that we see $OCEAN move significantly higher over coming days and weeks. A good entry in my opinion, would be a re-test of $1.26 USD. This long trade idea is invalidated below $1.00 USD.