OCEAN Primed for Positive Price Action?: Inverse H&S
Crypto Traders,
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Cheers & Happy Trading!
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Analysis:
Vol. decline, therefore negative trend strength weakening over time. However, could still see more negative price action to the $0.70 region, which would be a solid entry point. If the bottom trend line (white line) should hold, could see a possible inverse H&S pattern playout, where the neckline would approx be @$1.05.
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
--------------------------------------------------------------------------------------------------------------------------------
Analysis:
Vol. decline, therefore negative trend strength weakening over time. However, could still see more negative price action to the $0.70 region, which would be a solid entry point. If the bottom trend line (white line) should hold, could see a possible inverse H&S pattern playout, where the neckline would approx be @$1.05.