đź“ŚFundamental: - Optimism (OP) is a Layer 2 scaling solution for Ethereum that enhances transaction speed and reduces costs through several distinctive features:
- Optimistic Rollups: Processes transactions off-chain and submits them to Ethereum in batches, increasing throughput and lowering fees. USE THE BITCOIN
- EVM Compatibility: Fully compatible with the Ethereum Virtual Machine, allowing developers to deploy existing Ethereum smart contracts with minimal modifications. USE THE BITCOIN
đź“ŚTechnical: OP rejected the lower bound of the rising broadening wedge pattern.
I am expecting a movement towards the upper bound of the wedge, targeting the $6 round number.
đź“š Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly! ~Rich
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