What is OCEAN Protocol?
OCEAN is an ERC20 and BEP20 Token.It is working on Web 3.0.Through Ocean Protocol, publishers can monetize their data while preserving privacy and control, whereas consumers can now access datasets that were previously unavailable or difficult to find. These datasets can be discovered on the Ocean Market, where they can be purchased and...
- Ocean has broken out of the downtrend since April (red)
- It got rejected at the mid line of the green channel (local uptrend) and has also retested above a resistance area indicated in orange
- 100% away from ATH
- And ~600% from the confluence of the parallel channel (purple) and Fib level 4.236
- Good time for an entry into a 2-3month hold
It is already up a little but it can't go down just yet and it may reset in between but that will take time too, This is not a rlly detailed studied chart but instead a very simple chart which can help u understand the market situation.
