🔥 OP Volatility Incoming: Important Triangle
Updated
OP has been slowly but surely forming a bullish triangle over the last month. With OP currently trading at the triangle's support, it's likely that we're going to see more volatility coming.
I'm waiting for either a bounce, or a break out. In case of a bullish bounce, the top resistance of the triangle is the target. In case that we fall through, the blue lines are my targets.
With BTC falling and the overall stock markets being weak, I deem a bearish move more probable. Time will tell.
I'm waiting for either a bounce, or a break out. In case of a bullish bounce, the top resistance of the triangle is the target. In case that we fall through, the blue lines are my targets.
With BTC falling and the overall stock markets being weak, I deem a bearish move more probable. Time will tell.
Note
Bearish target 1 hit!Note
Both targets hit🔥
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