Cryptocurrencies

Crypto Contest June 17: Ocean Protocol

Ocean Protocol (Bittrex: OCEANUSDT) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Ocean Protocol began a wave one advance on May 10. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 26, and the red wave two (blue sub-waves a-b-c) correction ended on June 11. If this wave count is correct, Ocean Protocol should be heading next towards the May 26 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Ocean Protocol is a decentralized data exchange protocol to unlock data for AI. You can watch their intro below.

(Sources: Ocean Protocol and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.

Related posts

Litecoin: where should you sell?

Bit Brain

The Sunday Recap – Down the Rabbit Hole 34

cryptos-decrypted

Bitcoin: Update and Projection

Bit Brain

Get involved!

Comments

No comments yet
Skip to toolbar