OPT Massive Cup and Handle!
Optimism is forming a cup and handle pattern. The measured move puts the price around $12. The pattern is not complete until the the price breaks above the neck line.
Falling price and falling volume could mean a reversal is near.
Daily stochastic RSI has been in oversold territory. The last time the daily RSI was this low the price went up 450% in 21 days.
Unless Bitcoin tanks. Then its going to 0. :)
Falling price and falling volume could mean a reversal is near.
Daily stochastic RSI has been in oversold territory. The last time the daily RSI was this low the price went up 450% in 21 days.
Unless Bitcoin tanks. Then its going to 0. :)
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.