I will base this entire analysis on a single signal, a break and recovery of support.
Optimism moved recently below its previous All-Time Low established October 2022. The break below this level only lasted a few days. A week closed below and immediately the next week a close happened above. This is a bullish signal. Support was tested and holds. It broke briefly but the fact that the action is back above it makes this situation a bullish one.
» As long as OPUSDT trades above 0.636, market conditions are strongly bullish.
This week we have a full green candle and the week closes today. This is a continuation of last week that closed at the top of the session, another bullish signal.
Some Altcoins are now producing three digits green in a single day, real projects. This type of action is only present in a bullish cycle. At the beginning of a bullish wave, in-between or at the top, never within a bearish cycle or bearish wave.
Bullish action is confirmed. Bullish reversal is confirmed. Higher prices will happen next.
» I have an easy target for you mapped on the chart for OPUSDT, 480%.
Thank you for reading.
There will be more... This target on the chart is only the start, we are set to experience growth long-term. You have not seen how the Altcoins market looks and feels when it grows for six months straight, it will be awesome, and then the bull run.
Namaste.
Optimism moved recently below its previous All-Time Low established October 2022. The break below this level only lasted a few days. A week closed below and immediately the next week a close happened above. This is a bullish signal. Support was tested and holds. It broke briefly but the fact that the action is back above it makes this situation a bullish one.
» As long as OPUSDT trades above 0.636, market conditions are strongly bullish.
This week we have a full green candle and the week closes today. This is a continuation of last week that closed at the top of the session, another bullish signal.
Some Altcoins are now producing three digits green in a single day, real projects. This type of action is only present in a bullish cycle. At the beginning of a bullish wave, in-between or at the top, never within a bearish cycle or bearish wave.
Bullish action is confirmed. Bullish reversal is confirmed. Higher prices will happen next.
» I have an easy target for you mapped on the chart for OPUSDT, 480%.
Thank you for reading.
There will be more... This target on the chart is only the start, we are set to experience growth long-term. You have not seen how the Altcoins market looks and feels when it grows for six months straight, it will be awesome, and then the bull run.
Namaste.
Note
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➢ FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
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.