📚 Welcome to Your Usual Channel, DreamAnalysis! ✨ Today, we’ll be taking a look at one of Ethereum’s layer-2 projects, Optimism (OP), and see when we might consider buying during the bull run. 🛠️ About the Optimism (OP) Project : Optimism is a Layer 2 solution for the Ethereum network, designed to improve scalability and reduce transaction costs using...
Layer 2 cryptos are very important now and could be lifted during this cycle. I don't think we are in crypto "party mode" yet, but looking closer. It is important to monitor whether this move-up consolidates during the following days.
On day timeframe BINANCE:OPUSDT had broken the descending trend line and closed above it so price can return to test to confirm for bullish On 4H TF The descending trend line turned into support now I expect price return test 1.46 Wait and see
Shiba Inu is a mystery investment strategy web3 layer2 conspiracy to make cryptocurrency on Ethereum better and be more than Dogecoin was going for as a layer1. Shiba Inu is in a gully price range right now. A lot of crypto that falls into a gulch has a hard time climbing out and continues to lose. Due to Shiba Inu being one of the highest in volume on the daily...
I can't look at the chart and tell myself this is a bad area to add to my positions seeing that we are at the overall Value Area Low & low of the range. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and...
📅 Let's dive into today's analysis in the crypto market. Today's coin is STX, one of the coins that gave significant returns during Bitcoin's surge from 16k to 73k. We won't analyze Bitcoin today since I will provide a complete analysis of Bitcoin tomorrow. 🔍 Analysis of STX Project Overview STX is a layer-2 solution for Bitcoin, similar to other layer-2...
#optimism #OP price declined from the long ascending channel and this' not good for mid term. #opusd must reclaim above 2.10 - 2.20 #usdt zone permanently to avoid greater correction in mid term.
#polygon #matic price has been declined from the trend line zone and may have bearish retest to confirm the further correction phase. Small bounces are always necessary. Not financial advice.
On Week Chart ARB is testing support zone On Day Chart Easily see buying pressure at this support to hold price above 0.73 Wait a bottom with reversal pattern
Matic is trading at a crucial support level and needs some buyers to come in or we can move much lower. Great area to DCA and hold if you believe in this company long term. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that...
🔍Optimism (OP) is facing crucial levels in a volatile market. Here's an in-depth analysis to guide your trading decisions. 📆Coin of the Day: Optimism (OP) About the Project: Optimism is a layer-2 scaling solution for Ethereum, designed to enhance its throughput and reduce transaction costs. OP is the native token used within the Optimism ecosystem for governance...
The trend lines on Stacks have not crossed for a long time, about a half a year. Image indicator offers a view of no red line connecting the moving average lines. blue dotted lines representing time on a floating axis to replicate those pesky triangles people draw only these triangles are based on the information inside the chart. I draw the dashed lines...
Month Chart Easily to see STX, the layer 2 of Bitcoin Blockchain which has been downing to test the ATH of 2021 around $3 Week Chart I found the Fair Value Gap around $2.1 and I expect BINANCE:STXUSDT can hit this range before turn back to bullish trend. Day Chart Double Top happened and now STX is pullback to lower Can trade at lower timeframes
The main trend shows a sharp decline from a high of around $3.50 to a low of around $1.40 before the price begins to consolidate and a new pattern forms. There is a strong resistance area around $1.78 to $1.90 (blue area). Price has tried to break this level several times but is still stuck. Price Movement : Falling Wedge: There is a falling wedge pattern that...
it looks like it has broken out at support & resistance so it can continue to the price of 0.67 to 0.71 (fibo 1.618)
It's a scaling solution. It has a big gaming component. It's a low cap. all the ingredients necessary for the possibility of delivering outsize gains.. Let's get to the halfway point and assess the likelihood there.
The Arbitrum DAO has approved an eight-week pilot M&A program following overwhelming support for the proposal. On-chain metrics suggest that Arbitrum ( AMEX:ARB ) may experience a rally soon, despite a recent 7.5% increase in its value. The pilot program received over 99% support from DAO members and aims to conduct data-driven research and discussions to inform...
🔍Today, we delve into the analysis of Optimism (OP) coin, a leading project in Ethereum Layer 2 solutions. Being one of the earliest and most reputable Layer 2 solutions, Optimism has garnered significant attention, particularly from DeFi enthusiasts, due to its substantially lower transaction fees compared to Ethereum. This has allowed users with limited capital...