$OP/USDT 12h (#Bybit) Small falling wedge breakout
Updated
Optimism looks locally bullish and could bounce back on 100EMA support, towards previously broken levels.
⚡️⚡️ #OP/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 4.5%
Current Price:
2.4351
Entry Zone:
2.4351 - 2.2651
Take-Profit Targets:
1) 2.7689
2) 3.0840
3) 3.3993
Stop Targets:
1) 1.9998
Published By: @Zblaba
OOP #OPUSDT #Optimism #L2
⚡️⚡️ #OP/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 4.5%
Current Price:
2.4351
Entry Zone:
2.4351 - 2.2651
Take-Profit Targets:
1) 2.7689
2) 3.0840
3) 3.3993
Stop Targets:
1) 1.9998
Published By: @Zblaba
OOP #OPUSDT #Optimism #L2
Note
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0Expected Profit= +53.5% | +93.7% | +133.9%
Possible Loss= -44.7%
Estimated Gaintime= 3-4 weeks
Trade active
2/3 entries filledTrade active
All entries filled nowOptimism dipped into demand zone, let's hope it will bounce next 🤞🏼
Trade closed: stop reached
🛑SL hit with -44.7% (3x) and -1ROptimism got a similar outcome, but bounced on Fib 0.618 instead.
OOP #OPUSDT #L2
Note
Back on trackOptimism recovered very nicely, would have been a great timing to long it back down there, well done if you did!
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