Ocean Protocol All Signals (Higher Lows & More)

15 thg 8, 2021

We will look at all the now classic signals that I look at in the cryptocurrency charts, Altcoins vs Bitcoin.

This is OCEANBTC (Ocean Protocol) on the daily timeframe.

• We have a low hit in January, early and a higher low hit in July, late. This is a very strong signal.
  
  
• We normally look at EMA10 and EMA21 to gauge the bullish potential of a pair but here prices are already above EMA100, a much stronger signal.
  
  
• The MACD is above zero while trending higher.
  
  
• The RSI is way past 50 sitting at 66.84. These are strong bullish signals.
  

You can also come up with all sorts of patterns before the current bullish breakout that is taking place.

We have a wedge pattern, a cup pattern, a cup & handle pattern can also be drawn and so on.

Other altcoins are also moving really strong, I mentioned these earlier in the Bitcoin updates (TRU, IOTX, REQ, etc.) which is indicative of what will happen to the rest of the altcoins.

The stage is set for a strong bullish wave for the Altcoins we trade (Altcoins vs Bitcoin) and maybe even those we don't trade as I saw many Altcoins vs Tether also going bullish.

You've been warned with plenty of time...
This is not financial advice.

Namaste.

21 thg 8, 2021

Ghi chú

That's good growth right there.

Enjoy the profits.