Long
$OCEAN - good place to enter for a 2-3month hold
- Ocean has broken out of the downtrend since April (red)
- It got rejected at the mid line of the green channel (local uptrend) and has also retested above a resistance area indicated in orange
- 100% away from ATH
- And ~600% from the confluence of the parallel channel (purple) and Fib level 4.236
- Good time for an entry into a 2-3month hold
- It got rejected at the mid line of the green channel (local uptrend) and has also retested above a resistance area indicated in orange
- 100% away from ATH
- And ~600% from the confluence of the parallel channel (purple) and Fib level 4.236
- Good time for an entry into a 2-3month hold
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