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March 2023 Ocean Protocol (OCEAN) Predictions and Trades (Paid Version)

Updated: Mar 13, 2023



  • Month’s Theme: A fake out and some sideways rotation or erratic behavior.


  • Behavior Around the High: The halting of a bullish trend marked by a sharp decline through a key support level on the scale of a one-month chart.


  • Behavior Around the Low: A move higher through a key resistance level on a one-month chart. We’ll stay above that resistance level briefly and then break back down through that same price level shortly thereafter.


  • Exclusive Trade Opportunities for Subscribers:

    • An opportunity to open a long position in the midst of a decline toward the end of the day on the 3rd. I’m advised to close that position in the midst of a fast, sudden move higher toward the end of the day.

    • An opportunity to open a long position in the midst of a low on the 4th or in a trough on the cusp of the 5th or 6th. I’m advised to close any of these long positions on the 10th.

    • On either the 15th or the 16th in the midst of sharp decline, there’s an opportunity to open a long position. I’m advised to close that position at the end of the day on the 17th. You could also hold that position into a peak or crest on the 21st.

    • An opportunity to open a long position in the midst of a gap down on the 30th. I would hold that position into early April.



Overview



Week One (3/1-3/4)


No mention of March 1st-3rd. On March 4th, we’ll have a sharp decline through multiple support levels. The lowest low may be on the 4th.



Week Two (3/5-3/11)


We’ll open higher on the 5th and sell from a crest down to and through a support level. We’ll then do a U-shaped reversal and come back up to reuse that support level as support. On the 6th, there’s three pokes through the same price level followed by a sharp decline after the third poke. We’ll revisit a low or come close to the month’s low on the 6th. On the 7th, there’s a breakout to the upside. It looks like we’ll open lower on the 8th. Out of a decline, there’s a big move to the upside from the bottom of a range to the top of a range. On the 9th, congress is highlighted and there may be a pop and drop. There’s a high at the end of the day on the 9th or early on the 10th. There may be an establishment of an important support level on the 10th. We’ll likely see an intentional fake out on the 11th.



Week Three (3/12-3/18)


There’s another highest high on the 12th. We’ll then sell from near overbought territory. On the 13th, there’s a sideways S-formation in the midst of a decline. On the 14th, there’s some sideways rotation along a key support level that increases with bearish momentum as we move forward in time. On the 15th, we’ll have a significant trade opportunity and an improbable move. On the 16th, we’ll have a prominent low in the midst of a U-shaped dip. On the 17th, we’ll have a rally out of a low into a crest at the end of the day. On the 18th, we’ll decline through a support level to meet a secondary support level and then we’ll rotate sideways along that support.



Week Four (3/19-3/25)


On the 19th, there’s an important trough or bottom. On the 20th, we’ll decline through a key support on a one-month chart. On the 21st, there’s a key resistance level that’s highlighted. That resistance level is at a prominent peak or crest toward the end of the day on the 21st or into the 22nd. There’s a sideways-fluctuating decline out of that peak or crest into a prominent trough or low on the cusp of the 22nd and 23rd. We’re bound by the upper end of a range on the 24th or the 25th. It looks like we’ll have a prominent crest or peak after a period of sideways rotation on the 25th.



Week Five (3/26-3/31)


On the 26th, there’s an important agreement or merger of some kind that may be highlighted. On the 27th, there’s a rally along a diagonal trend line that increases with momentum as we move forward in time. There’s a prominent crest or peak toward the end of the day on the 27th. A key resistance level is highlighted somewhere between the 27th and 28th. On the 29th, we’ll fail to break through key resistance and then decline through key support. There’s a prominent trough or low early in the day on the 30th. There’s also some erratic behavior back and forth through the same price level. On the 31st, there’s a prominent low or trough that may be another lowest low for the month.



Sneak Preview


In April, there’s a notable drop. That’s followed by a notable move to the upside.




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