Optimism Short-Term 100% Target (Great Risk-Reward-Ratio)
➖ Optimism has been dropping since, well, since inception. It produced a strong bounce for the first time in July 2024. The bounce led to a lower low in early August and after mid-August the action moved back above the July 2024 low.
This law is clearly marked on the chart.
This a short-term chart setup.
➢ As long as OPBTC trades above this level, the July 2024 low, it has growth potential. The chart becomes bullish. If the action moves below, it turns bearish.
➢ This setup can be traded with a very tight stop-loss. It would be something like 8% risk, with 100% or more for potential reward. Low risk vs a high potential for reward. Great RRR.
Namaste.
This law is clearly marked on the chart.
This a short-term chart setup.
➢ As long as OPBTC trades above this level, the July 2024 low, it has growth potential. The chart becomes bullish. If the action moves below, it turns bearish.
➢ This setup can be traded with a very tight stop-loss. It would be something like 8% risk, with 100% or more for potential reward. Low risk vs a high potential for reward. Great RRR.
Namaste.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
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lamatrades.com (Since 2017)
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followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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