OP SCALP SHORTHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the OP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
OP
OP Final Short LEG with R/R 10In the last position from the OP/USDT, Our Entry was 0.8$ and we Take Profit of 0.7$ with a 10X Lev., We Got a +100% Profit, which was very Pleasant. :)
Now There Will be a Good Opportunity to get Another 10X Profit from this Cryptocurrency in another Short Position, Watch the Trend Line and wait for the Price to Break it Down.
This Scenario has a Precondition, That Price Should Not Pass 0.81$ Range, In This Case, The Price can Experience further Growth. So Watch The TREND LINE
So it is very likely that we will have a movement in the price similar to that shown by the red lines and eventually and we will enter a further downward movement to the $0.57 range after breaking the trend.
Take Care of Funds and Surf The Waves :)
Optimism OP price aims for x10 growthIt seems that the price of OPUSDT is completing the formation of the corrective wave 2 and the longest wave 3 of growth may be ahead of us.
Yesterday's trading day closed with a beautiful pin bar or hammer, which often serves as a signal for a trend reversal. Also, the shadow of the pin bar tested the strength of the liquidity zone $0.6-0.7, which previously acted as resistance and did not allow the OPUSD price to rise.
Such data allows you to try a medium-term trade on the following conditions:
Entry of the position at $0.71-0.73
Stop below $0.647 (-10.5%)
Take profit $1.534 (+112%)
Profit/loss ratio 11/1
Of course, you can fix take profit at each of the levels shown on the chart: $0.93 $1.15 $1.33
If we look at the Optimism token price chart globally, we can assume that the top of the 3rd wave of growth will be around $6.5-7.5, which is x10 growth from the current price
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Can $OP break above $1 in Q4 2022Optimism is expected to make a good rally after the massive dump these past weeks and months. Reasons as to why I am expecting the price to rally past $1 within 2022:
There is a Fair Value Gap below current price that is being targeted around $0.63 (this is my personal entry price). Once price becomes fair value, the algorithm will target buy side liquidity as well as the Liquidity void that is around $1.05.
Historically, Q4 has been great for the overall market which increases the probability of the rally occurring before the end of 2022.
With this said, Happy Trading
Fundamental Analysis on Optimism: medium.com
OP (optimism) long position , bullish move incomingOP added to nearly all exchanged, has an accumulation, mark up , distribution mark down phase twice , nowwe are in an accumulation phase going up to the orderblock above, when the top of OP came , btc was at 25k, there isnt much more down left and so DCA position here is ideal for the long and a big move is coming for it as we have been marking down for weeks now. KDJ cross also incoming .
OPUSD | For those who keep spot...hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Another coin with a downward trend line, here the asset looks more interesting than other coins.
After the news of the delisting of futures on OP, a protracted flat trend began without particularly sharp movements, well, this does not exclude buying a coin on the spot and trading it soon in a growing market.
from the technical side, it looks like there will be a boom soon, and the coin will fly to $1.2-1.5 if we talk about the breakdown of the resistance line!
Update Idea
OP.Usdt (Y22.P3.E2).Wave 4 to 5 for the bottomHi All,
#OP #OPTIMISM
Another coin to accumulate at the bottom of this market.
Looking for this structure to breakdown to find the next level which is likely to be accumulation and a relief bull rally in a bear market.
Please give me a like and share,
All the best,
S.SAri
OPUSD | Zone of interest reached?Hello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
While we see that the asset is moving in a downtrend, I have allocated a zone of $0.866 for buyout
I placed a grid of orders below the level of 0.866, there is a chance that we will go lower and this is a chance to get a position at a sweet price)
BULLISH OP/USDT (Cup & Handle pattern)- Even with a lot of bear market drops, OP held like a boss
- Formed a bullish signal: cup n handle
- Smothed EMAs / MA point to nice support ahead
- OP is a layer 2 solution and ETH just merged.
- OP is still so young... (give it space to grow ☕)
I will keep this post updated with more information I find around there, for now I'm super bullish in Optimism (OP). :)
- If you enjoyed my TA please give it a boost! <3
OPUSD | Secure entry point.Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Guys, this is a deal similar to TWT, I'm waiting for the asset to spill a little below the current price, approximately in the $1.320 zone
I think the price will come to my zone of interest as Bitcoin continues to correct, now we are waiting below $21.500
OPUSD | I fix the position to re-enter below!Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 Guys OP reached his take profit +22% without leverage, I fix the position completely, I think it will be possible to re-enter lower (it all depends on how bitcoin behaves)
📌While I am waiting, we will probably see a small SHORT towards $1.430 from there I want to take a small SHORT up to $1.270 5% of the deposit.
📌The $1.270 zone will be my zone of interest for a long position (10%) of the deposit.
OPUSD | Continuation of the countertrendHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌The asset continues to move in a downtrend, the countertrend that you see on the chart is a strong resistance
📌 The price bounces again and again from the countertrend, double lowering its local lows.
📌My expectation is that OP will show good growth soon, but first you need to find a safer entry point.
📌I think the entry from the trend line that starts in July will be the optimal entry point. Then you need to wait for a rebound to the trend line and in this zone ($1.1) take a long position
OPUSDT|Coin Review| A trade from a trend line.Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Friends, I have prepared an interesting OP trade for you. All attention is on the countertrend one.
Locally, the asset has been in a downtrend for 30 days, which can be seen from the local countertrend double, which was broken not so long ago and is now a support zone.
I think we will be able to see next week a retest of the double countertrend in the zone ($1.50) from there will be my entry point.
While I'm waiting for the market correction on Monday, and there I will act according to the situation, I have placed orders to buy $1.50 in advance | 1.35$| 1.20$|
Guys this is not financial advice just sharing my thoughts on a chart!
OptimisticI'm optimistic on Optimism (OP). Bullish indicators throughout the chart. Tight squeeze impulse Elliot Wave 3 breakout possible soon in my opinion. Not only is Optimism a great project and it can also be promoted as a verb type of meme (I promote creatively on Social Media. It's still under wraps though since I'm also a Lunatic). Example: I Am Optimistic about the direction of the crypto market from here. Fear is present both inside and outside of this market but we must look past it.
Do not take as financial advise! Personal Opinion