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Technical analysis by ChiProactive about Symbol OCEAN: Buy recommendation (11/13/2024)

https://sahmeto.com/message/2969148
ChiProactive
ChiProactive
Rank: 5159
1.7
Buy،Technical،ChiProactive

The orange line is a bit too far ahead as a prediction because it is also on the daily time period, which means each of these candles takes a day to form. My focus is more on price levels for potential reversals as I watch where I currently see price of OCEANUSD going, namely the 0.7611 and 0.9352 areas. I am still considering which of these, if price closes above one or both, will give me additional confirmation that we are about to move upward. But we will see what price does as I am still learning. I also expect price to not only reject at each price level but also between 1.0499 and 1.2222 before the 1.2222 area is broken.Not financial advice, just posting my idea's for archival purposes to look back at later.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$0.5833
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