$OCEAN Cup & Handle formation 1D

1 wrz 2021

OCEAN

1D CHART

Very nice looking Cup & Handle fractal forming on OCEAN.

TARGET PRICE $1.97 although if you are going to set a limit sell then I would set it a little under this, maybe $1.90 in case we don't hit perfectly!

As we are seemingly in the beginning of a nice little alt season, this could well play out nicely 🦾

Breakout expected around the 11th September...

SAFE PLAY

Entry within the box labelled ENTRY ($1.15 - $1.25) - wait until we have breached the neckline and retested before buying in.

AGGRESSIVE PLAY

Buy at any point around this range we are in now ($0.78 - $0.90) and set yourself a stop loss below support which is also marked in the chart ($0.67 - $0.76).

PLEASE NOTE

Always pay attention to the BTC chart when you buy in and make sure we are not at risk of dumping so that you can protect your capital.

It is also worth noting that this same cup and handle and rounded bottom pattern can be found on quite a few alts because of the May crash, so keep your eyes peeled for more potential beauties like this 💫

Trade safe guys,

PumpeyeTheTraderMan & Crypto Society ❤️