Technical analysis by VectorAlgo about Symbol OCEAN: Buy recommendation (2/9/2024)

Symmetric Triangle breakout | Decent Profit Opportunity --------------------------------------------------------------- Description --------------------------------------------------------------- + BINANCE:OCEANUSDT formed a decent symmetrical triangle and successfully broke out from the resistance. + We can enter at the current price range or wait for better entry if the correction happens + My Target for this trade is next resistance --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.4547 Stop Loss: 0.3945 ------------------------------ Targets 1: 0.4712 Targets 2: 0.4986 Targets 3: 0.5350 Targets 4: 0.5788 ------------------------------ Timeframe: 1D Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas. Regards VectorAlgo