💎Paradisers, direct your attention to OPUSDT as it showcases a noteworthy pattern in the market. After a recent rejection from its resistance level, there's a heightened probability of a bullish movement originating from a previous resistance level, now acting as support.
💎Historically, #OPTIMISM has demonstrated a tendency to follow a descending trendline, breaking above it to initiate an upward trajectory. It successfully surpassed the first resistance (R1) at $1.894 but faced resistance at a higher level (R2) at $2.241. Currently,
OP is hinting at a revisit to R1, which has transitioned into a support zone. At this juncture, there's a strong potential for a bullish move aiming to breach R2.
💎 However, in the ever-evolving crypto market, #OP traders should be prepared for a range of outcomes. If the expected bullish ascent encounters challenges, shifting focus to a recovery strategy from the support level of $1.612 becomes vital.
💎 Significantly, a decline below this support level would necessitate a strategic shift. This scenario would call for a reevaluation of the bullish stance and an adjustment of trading strategies to better suit the emerging market trends. 🌴💰
💎Historically, #OPTIMISM has demonstrated a tendency to follow a descending trendline, breaking above it to initiate an upward trajectory. It successfully surpassed the first resistance (R1) at $1.894 but faced resistance at a higher level (R2) at $2.241. Currently,
OP is hinting at a revisit to R1, which has transitioned into a support zone. At this juncture, there's a strong potential for a bullish move aiming to breach R2.💎 However, in the ever-evolving crypto market, #OP traders should be prepared for a range of outcomes. If the expected bullish ascent encounters challenges, shifting focus to a recovery strategy from the support level of $1.612 becomes vital.
💎 Significantly, a decline below this support level would necessitate a strategic shift. This scenario would call for a reevaluation of the bullish stance and an adjustment of trading strategies to better suit the emerging market trends. 🌴💰
Trade closed: target reached
💎 Spot on again! #OPUSDT has climbed 115.19%!Note
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Do you Want to start trading like a PRO?
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🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.