Optimism $3.80 ➥ First target $10-$12Optimism $3.80 ➥ First target $10-$12
Entry price: $3.80
Stop Loss: $3.7065
First target $10-$12
OP
OP - Breakout waiting to happenBINANCE:OPUSDT (1DH CHART) Technical Analysis Update
OP is currently trading at $3.777 and showing overall bullish sentiment and waiting to breakout from the resistance zone.
Breakout from the resistance zone will definitely fuel to bull run of the OP. OP is also one of the fundamentally strong coin so we cannot go wrong with the LONG entry for this coin while we wait for bull run continue.
Entry level: $ 4.292 (candle close above this)
Stop loss level: $ 3.697
Target 1: $ 4.597
Target 2: $ 5.061
Target 3: $ 5.571
Target 4: $ 6.610
Target 5: 6.792
Max Leverage: 2x
Don't forget to keep stop loss.
Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Cheers
GreenCrypto
Rejection or Breakout for OP/USDT ? BINANCE:OPUSDT (4H CHART) Technical Analysis Update
OP is currently trading at $ and currently price is at the resistance line
We can expect price to either breakout from the resistance or get rejected from the resistance. We will enter trade based on whether price will get rejected or not.
LONG Trade Details (only after confirmed Breakout)
Entry level: $ 4.023
Stop loss level: $ 3.818
Target 1: $ 4.122
Target 2: $ 4.217
Target 3: $ 4.429
SHORT Trade Details (only after confirmed Rejection
Entry level: $ 3.818
Stop loss level: $ 3.978
Target 1: $3.723
Target 2: $3.623
Target 3: $3.458
Max Leverage: 5x
Stay tuned for updates on breakout or rejection.
Don't forget to keep stop loss.
Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Cheers
GreenCrypto
Optimism - Ethereum Rollups Solution breaks ascending triangle Optimism- CRYPTOCAP:OP
This is a potential long term asymmetrical trade with 640% potential and a -20% loss potential.
⌛️ Potential Ascending Triangle Breakout
✅ OBV Volume breakout and retest
✅ An increasing volume profile (peaks and valleys)
✅ DSS Bressert Cross
The entry and stop loss is noted on the chart.
The 4.236 fib ext level aligns with the ascending triangle target (purple arrow). This would be the most optimistic scenario and prior to reaching this we would have taken profits along the way.
I think there is a possibility of a retest lower as set out with the fractal candles, the recent low of $2.63 needs to hold in my view hence why this is also my stop. If re captured we could re enter the trade so no great loss either way. I have an open small allocation and will add in the event of pull back
What Is Optimism (OP)?
Optimism (OP) is a layer-two blockchain on top of Ethereum. Optimism benefits from the security of the Ethereum mainnet and helps scale the Ethereum ecosystem by using optimistic rollups. That means transactions are trustlessly recorded on Optimism but ultimately secured on Ethereum (think lightening network but for Ethereum).
Happy trading
PUKA
Alikze → #OP | Pullback to broken resistance In time h1, after the failure of the resistance, which has now turned into support, and in dealing with the dynamic trigger, which has had a positive reaction several times and caused the price to grow. Now it is approaching the dynamic trigger as well as the support area. Therefore, if the current area encounters a reversal candle, it will have the ability to grow to the next supply and resistance area.
In addition, if the range of the green box is broken, at least correction up to 3.50 can be imagined.
If the behavior and structure of the currency changes, the post will be updated.
🟩Sup: 3.70
⛳️Tp 3.90
⛳️ Tp2 :3.95
⛳️ Tp3 : 4.10
-----------------
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
OP/USDT Keep an eye on the Bullish OB! Price will bounce and UP.💎 OP has recently demonstrated notable market dynamics. After a perfect bounce from the demand area, the price faced rejection in the vicinity of an all-time high.
💎 Currently, the price is positioned to move downward towards the Bullish Order Block (OB) area for retesting, potentially creating new momentum for an upward movement.
💎 If OP successfully bounces from the Bullish OB area, the price can resume its upward trajectory and break the current pattern, Probability facilitating an easy movement toward our target area.
💎 However, if OP fails to bounce upon retesting the Bullish OB area and breaks below it, it could signify a bearish development. This scenario would lead to continued downward movement, with the next significant support level being the demand area.
💎 The demand area holds crucial significance, as it has historically acted as a pivotal zone for price reversals. If OP fails to bounce from this area, it would confirm a shift back to bearish sentiment, potentially resulting in further downward movement.
OP-Ready for Higher🌟 Bitcoin's Breakout Surge: Professor's Big Charts Revealed 🌟
📈 Live Analysis Incoming!
Prepare for an in-depth journey through Bitcoin's latest surge as we go live on TradingView. Get ready for a session packed with insights and the unveiling of the Professor's big chart. Join us: Live Stream: www.tradingview.com
🚀 The Breakout Chart Breakdown
Witness the bullish momentum as Bitcoin smashes past the $47,650 barrier. With my analysis, we're looking at a bull run targeting $59.9K,
69K
, and the ambitious $79K. 🎯 Stay bullish and watch as the charts unfold the story live!
💹 Historic Patterns: A Roadmap to $79K
Reflect on the last breakout at $31,100 and its staggering rise to $46,000. Our charts have been the compass leading us to these profitable winds. Don't miss out as we dissect the potential climb to $79K, live!
🔍 Last Year's Chart: The Trendline Triumph
Cast your minds back to January 2023, when Bitcoin was a humble $18,000. Fast forward, and we're witnessing a breakout reminiscent of December 2020's rally from $7,500 to $24,000. Could we be on the cusp of reaching new all-time highs? Let's explore together.
⏱️ Halving Cycles: This Time It's Different
Every cycle writes its own story, and this one's no exception. We're approaching the halving with a market more aware and ready to advance. Tune in as we analyze why we might see an all-time high sooner than the previous cycles.
🌐 Join the Live Stream for the Full Picture
There's much more to cover, from halving cycles to breakout patterns. Ensure you're part of the live session for a comprehensive analysis that could redefine your trading strategy.
Catch the full live session and secure your front-row seat to Bitcoin's exciting journey: Join the Live Stream: www.tradingview.com
One Love,
The FXPROFESSOR 💙
OP is one of the strongest coin, new all time high, buy now?OP looks absolutely strong. It hit a new all-time high recently, and the continuation of the rally is highly likely. The previous ATH from 2023 has been broken by the bulls, and now we are in the phase of price discovery. 500% profit is likely, but you can aim for more if you want. My profit target is the 1.618 FIB extension, which is always a strong resistance, especially in the crypto market. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Optimism (OP) is a layer-two blockchain on top of Ethereum. Optimism benefits from the security of the Ethereum mainnet and helps scale the Ethereum ecosystem by using optimistic rollups. That means transactions are trustlessly recorded on Optimism but ultimately secured on Ethereum.
Optimism is one of the biggest scaling solutions for Ethereum with over $500 million in TVL. It is home to 97 protocols, the biggest being Synthetix (SNX), a derivatives exchange, Uniswap (UNI), a DEX, and Velodrome (VELO), an AMM. Users can begin their journey on Optimism by adding the chain on their Metamask and bridging tokens like ETH to the L2. On May 31, 2022, Optimism conducted a highly anticipated airdrop of its OP token. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
#OPIn time h1, after exiting the density and stabilizing in the specified range, you can enter a buy position with a stop below the area for a short-term upward path. Therefore, according to the recent reform, it will have the ability to grow up to its previous supply area.
OPUSDT.1DBased on the provided market data, the OP cryptocurrency is currently priced at 3.23 USDT. The Relative Strength Index (RSI) for 4 hours, 1 day and 7 days are 67.67, 53.33, and 63.93 respectively. The RSI values indicate that the currency is neither oversold nor overbought, but the 4-hour RSI is on the higher side which indicates a bullish trend.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 0.057, -0.048 and 0.450 respectively. The positive MACD for 4 hours and 7 days suggests bullish momentum, while the negative MACD for 1 day indicates a bearish trend.
The Bollinger Bands (Bb) for 4 hours, 1 day, and 7 days are 3.288, 3.272, and 4.012 respectively. The price is currently below the upper band for all the three periods suggesting a potential pullback or a period of lower volatility.
The support levels for 4 hours, 1 day, and 7 days are 3.072, 2.841, and 2.33 respectively, while the resistance levels are 3.396, 3.611, and 4.288 respectively. The price is currently closer to the resistance levels, indicating a possible upward trend if it breaks the resistance.
In conclusion, the technical analysis indicates a mixed trend with bullish tendencies in the short term (4 hours) and long term (7 days), but a bearish trend in the intermediate term (1 day). As an investor, it's crucial to keep an eye on these changing trends and adjust your strategy accordingly. Lastly, remember that investing in cryptocurrencies always come with risks, so it's important to only invest what you can afford to lose.
Key Resistance Zone AheadThe OP's trend on the weekly timeframe is bullish, marked by forming higher lows and highs. It has created an ascending channel, predicting price fluctuations within it and continued growth. A bullish pattern at the channel's bottom targets the channel's top. However, a significant resistance zone (orange zone) must be overcome. Although the price has failed to stabilize above this zone and is correcting, the expectation is that emerging bullish patterns will resume the upward trend, leading the price to the channel's top.
$OP, Diamond these days in cryptoNASDAQ:OP Every time before the next round of airdrop distribution, we see the growth of its native token.
Here there are the best zone for long on OP/USDT
M15 (OP)📊Analysis by AhmadArz:
buy and sell.
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
BTC / SUI / OP - to the moon if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
OP LOOKS BEARISH (2D TF)First, pay attention to the time frame. The time frame is large.
It seems that we have a diametric on the chart that the E wave of this diametric is ending.
We expect to drop to the green range to complete the F wave.
Closing a weekly candle above the red level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
buy by R/1 (OP)📊Analysis by AhmadArz:
Trade in low level of renge.
🔍Entry: 3.747
🛑Stop Loss: 3.644
🎯Take Profit: 3.851
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
Wait for get profit in buy OP)❤️❤️Thanks for boosting 🚀 and supporting us!
📈support in first candle pollback.
📊 (Buy-sell) : 2.898
🔴 Stop Loss : 2.727
🎯 Take Profit : 3.092-3.315-3.357
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
OP/USDT probability of bullish continuation from demand? 👀🚀💎Paradisers, get ready for an intriguing phase in #OPUST market journey, hinting at a bullish surge from its current demand zone.
💎 Following a recent pushback from a formidable supply zone, #OPTIMISM has intriguingly swept through buy-side liquidity. This move sets the stage for a possible descent before it gears up for a bullish rebound from the pivotal demand zone at $2.339. If NASDAQ:OP harnesses enough bullish momentum here, we might witness a dynamic push towards challenging and possibly breaking through the robust external resistance zone above.
💎 The ever-vibrant and unpredictable crypto market calls for a strategy that's as dynamic as the market itself. Should #OP face resistance in cementing its stance within this crucial demand zone, a nimble and strategic pivot could be our key to success.
💎 In such a scenario, our Plan B springs into action: we'd be looking at initiating a bullish move from a strategically lower support level at $1.828 This level becomes our new watchtower, as its breach could unravel early signs of a shift towards a bearish landscape in #OP market story. 🌴💰
OP/USDT Perfect retest on the ATH before. Ready for New ATH ??💎 Currently, OP is exhibiting a noteworthy bounce from what was previously a resistance area, now functioning as a support zone. If this retesting phase proves to be valid, OP may well be on a trajectory to continue its upward movement, the probability reaching new all-time highs (ATH) with the Fibonacci 1.618 level as the next target.
💎 However, should OP struggle to maintain its footing at this crucial support area and instead breach below it, it could signal a concerning shift in market dynamics. Such a development might indicate a reversal to a downward trend, with the demand area becoming the next significant lower stop.
💎 The importance of the demand area in this context cannot be overstated. For OP to sustain or regain a bullish trend, it is imperative that it finds strong support and rebounds in this zone. A failure to do so, particularly if OP breaks below this demand area, could be interpreted as a bearish indicator, potentially leading to further declines in its value.
💎 For those closely monitoring OP, it's crucial to watch how it interacts with these key levels. The asset's response to the support retest and its ability to withstand pressures at the demand area will provide valuable insights into its short-term market direction. Stay alert and be ready to adjust your strategies in response to these market movements.
OP (Y24.P1.E1).Still looking for more highsHi Traders,
Its possible that this latest liquidity hunt was wave 4 initiation and then we get wave 5 when BTC hits the 48k range which will then give the Alts a turn to pump.
The alternative is that BTC is doing wave 4 as well... but I still feel 47k and above is the target however if its not, then we are doing a macro wave 1 to 2 move.... I just don't think its there yet.
I have been an advocate with Optimism for some time and was lucky enough to get the bottom way back June 22, still holding it.
For now, these are the scenarios I"m thinking it can play out short-term.
All the best,
S.SAri
#OPIn the one-hour timeframe, in a corner pattern with a shorter ceiling than the previous ceiling, this reversal can be a pullback to the structure and candle, creating selling pressure that can continue to the area of the previous floor of this correction.
OP/USDT Breaking Through Resistance for a Bullish Rally? 👀 🚀💎 Paradisers OPUSDT is currently undergoing intriguing developments as it faces resistance. Breaking above this resistance holds a high probability of triggering a bullish move.
💎 In previous instances, OPTIMISM demonstrated a tendency to follow a descending channel, breaking above and initiating an upward move. Currently encountering robust resistance at 1.980, there is a strong likelihood that overcoming this barrier will propel OP into a bullish trajectory.
💎 Alternatively, if the price of OP fails to breach this robust resistance level, the cryptocurrency may strategize a bullish continuation from the demand level, marked by the previous low. However, breaching below this level could result in a significant downward move. Stay vigilant for these potential scenarios in the dynamic market environment
