filipbronola

Breakout seems apparent

Long
filipbronola Updated   
BINANCE:OCEANUSDT   OCEAN / TetherUS
It appears that OCEAN is breaking out on the USD/USDT pair from what seems to have been a large symmetrical triangle. A backtest is expected, although it doesn't have to happen. Targets should probably be extrapolated from the OCEAN/BTC pair.
Comment:
This is some of the most ridiculous price action i've ever seen
Comment:
^^ So it was just bitcoin messing with the alt markets again, nothing new
Comment:
Price tumbled down quite a bit, however I am maintaining my long position due to the OCEAN/BTC pair. When BTC moves down quickly, altcoins often get crushed in the short term.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.