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OPUSDT: Deep Price Plunge
OPUSDT Perpetual Contract
Short
OPUSDT: Deep Price Plunge
By HurricaneCapital
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Jul 25, 2022
2
Cheer
Cheer
Jul 25, 2022
An ABC upward correction pattern has been formed, for a downward wave A.
At the moment the price broke through the uptrend line and it is likely that the formation of the intermediate wave 1 will be completed soon.
I will sell the coin on the correction in wave 2, from where I will expect a deep price decline to the level of $0.1.
Overall, short pos has risk-to-profit characteristics of 1:5 at least.
Best Regards,
CEO Tornado Capital
Chart Patterns
OP
opcoin
opsell
opshort
OPUSD
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OPUSDT
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Trend Analysis
Wave Analysis
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