OPUSDT trade ideas
OPUSDT Long/Short , Just and IDEA !!!!we have broken the monthly bear flag n trending up...
one more resistance which is the strongest @ 1.33 , a breakout with req volume n confirmation will take us to 1.38 are n rest is mentioned in the chart
NAFA n DYOR
Thankyou ..
Optimism Are you optimistic about this chart ?, I think you should be but beware of head & shoulder pattern.
$OP LongConfluences:
We are at discount OB+ and BRKR+
We have an old high at TP1
We have rejected at PB+ at 1.2143 and 1.0250
We have also rejected at PB+ Which is also in line with the Mean Threshold(M.T) of Parent OB+ at 0.8705
OP Next Support & ResistanceOP Next Support & Resistance
0.9023
1.1782
1.3057
1.3539
1.4300
1.6073
1.9448
2.2467
2.3822
2.5172
OP According to my expectations, the OP coin will come to the 0.65$-1$ zone where I will make long-term investments till 2025.
OP/USDT | 1d 👀A short position is currently active, with a 25% decrease observed. There is potential for further decline, confirming the validity of the Bearish Flag pattern. Good accumulation at - $1
✅ Stay updated on market news and developments that may influence the price of Optimism. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Coins #Optimism #Trading #OP
Be patient, dawn is nearThis currency has a falling trend in daily time and recently we saw the fall of this currency after encountering a downward trend.
But on the other hand, in the last 100 days, it has not had a floor lower than the previous one, so there is hope for growth in this currency.
As you can see, the support and resistance ranges for this currency have been determined and the possibility of growth for this currency is stronger.
Therefore, as long as it is above the support range that we have identified, I consider the growth stronger.
If you want to introduce your currencies so that I can analyze them for you, I will be happy to share my opinion about your currencies and exchange ideas.
Also, I will be happy if you follow me and I will get energy to continue.
OP Possible completed flat correctionNASDAQ:OP a possible completed flat correction for B of Zigzag Y of Double combo complex correction WxY.
Target is at $1.12
Finally Op On Verge Of Massive Breakout seems like getting consolidation is over and getting ready for massive breakout
formed symmetrical triangle and expecting breakout soon incase of successful breakout expecting 140 to 160% bullish rally
keep eyes on op for breakout
OP Bearish GartleyOP breaksout from minir trendline resistance and possibly on its way to major trendline resistance that might complete the bearish gartley pattern. PRZ for XA*78.6 and 127.2/161.8*BC legs are provided. Monitor price movements on this area and also be aware of possible wick grabbing on the top.
OP will pump up again ?!Finially it broke out the down trend from the previous high (3.2893)
SL:1.2326
TP1: 1.8260
If the price stand firm 1.8260 and double bottom will be comfirm
TP2 : 2.0834
TP3 : 2.1875
TP4 :2.2992
TP5 : 2.4108
TP6 : 2.7723
Reversal Pattern | Long BiasDaily Chart
I figured out Inverse Head Shoulders that's reversal pattern with neckline is broken and below price now.
OP is trading at 1.36x and I expect OP will go up to 1.63 and higher after completed reversal pattern
Wait for next move
OpLooks like ldo before it failed at the apex tbh
But the market cycle times up better with total 3 capitulation and looking like a reversal...
Might simply suggest strength vs other alts rather than its about to fail..
Arb and op are the newer bluechips imo..
OP/USDT is Gearing Up for Remarkable Shift? Op today analysis🚀💎 Paradisers! Brace yourselves as we've spotted #OPUSDT positioning itself for a spectacular move! It's currently navigating through a descending channel, setting the stage for a potential upward breakout.
💎 A few days ago, our observations pinpointed that after testing the bearish OB, NASDAQ:OP initiated a substantial downward trajectory. After securing liquidity below, it seems to be reinstating its upward momentum.
💎 Presently, it’s maneuvering within a descending channel, and the VRVP is revealing significant volume. This is a strong indication that the price is likely on the brink of embarking on a bullish journey from this point. However, do keep in mind, a breakdown of support could trigger a downward movement.
💎 If trading is on your mind, remember to set a proper stop loss and tread with caution and wisdom!
Stay informed and navigate the crypto waves with precision and insight! 🌴
OPUSD ❕ reversalTD Sequential formed an up reversal signal (4H TF)
Price broke up through 50EMA (30m TF)
OP will continue to rise if it holds the support level.
OPUSDTOPUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now the retest of the broken level is highly possible, which is also the Fib retracement level.
If the sell momentum continues the next target could be 1.210 region.
What you guys think of this idea.
OP long - day trade and swing short updatedOur OP day trade did not give us the entire move we expected to get but some decent gains were attainable. Despite not having gotten to our tp at 1.43$ we managed to get an 'okay' push within the sluggish pa.
Closed it at be after taking some off around 1.4050$.
The overall swing short plan remains the same and have given us some decent pa so far. Taken some off and will look to add some more IF we get a good entry.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
OPUSDT BEARISHKeep eye on OP, its looking bearish so once minor support breaks then go for Short.But if BTC bullish then dont take trade.
OP has bearish signs!
🎗#OP/USDT 🎗
SHORT
Leverage: (10.0X)
Entry Targets:
1) 1.31
2) 1.33
Take Profit Targets:
1) 1.28
2) 1.26
3) 1.23
4) 1.21
5) 1.19
6) 1.17
7) 1.14
8) 1.12
Stop Targets:
1) 1.44
🟡Chart is speaking it self!
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Thank you for seeing idea .
Have a nice day and Good luck
🔴This is only an idea and not a financial advise ( NFA )🔴
OPUSDT, got rejected. BINANCE:OPUSDT.P
On 3D timeframe, it's clearly rejected from the major trendline. Very bearish
We can try to short it here.
Dont over leverage, this will take a long time to get full TP
Enjoy!!
Follow me for more chart analysis.
Patience is the key to success.
DYOR
