#OP/USDT#OP
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 1.53
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.57
First target 1.63
Second target 1.70
Third target 1.77
OPBTC
Optimism (OP) Optimism 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 $300 million in TVL.
Optimism price today is $1.23 with a 24 hour trading volume of 270 million dollars, OP price is up 15% in the last 24 hours
after a little correction OP can hit 1.3 and 1.5
did you manage to buy OP at 0.8$?
#OP/USDT#OP
The price has broken the descending channel on the 4-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 1.45
Entry price 1.60
First target 1.70
Second target 1.84
Third target 1.90
#OP (SPOT) entry range( 0.13 - 0.17) T.(3.560) SL(1.271)BINANCE:OPUSDT
entry range ( 0.13 - 0.17)
Target1 (2.440)- Target2 (3.560)
1 Extra Target (optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (0.3832)
*** collect the coin slowly in the entry range ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #OP ****
#OP/USDT#OP
The price is moving in a descending channel on the 4-hour frame and it was broken upwards
We have a trend to stabilize above the moving average 100
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a major support area in green at a price of 1.10
Entry price 1.30
First target 1.50
Second target 1.65
Third target 1.83
OP ANALYSIS (4H)From where we placed the green arrow on the chart, it seems OP has entered a bullish phase.
The Boolean phase pattern looks like a diametric or triangle.
If the demand 1 range is lost, the pattern is confirmed to be a triangle, but if the price is rejected upwards, the pattern is diametric.
What seems certain now is a drop to the demand 1 range
The structure and movement path that we intend for OP is clear on the chart.
Closing a daily candle will invalidate the analysis level.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
OP - Excellent opportunity or will the support break ? BINANCE:OPUSDT (1W CHART) Technical Analysis Update
OP is currently trading at $1.764 and price has reached the bottom of the channel, OP has been trading inside the range and currently price has reached the bottom support line, in the past this support line held strongly multiple times and we are expecting the same this time. If the price bounces back then there is an opportunity for new ATH.
Entry level: $ 1.764
Stop Loss Level: $ 1.290
TakeProfit 1: $ 2.054
TakeProfit 2: $ 2.704
TakeProfit 3: $ 3.845
TakeProfit 4: $ 4.788
TakeProfit 5: $ 6.741
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
OP looks bullishFor the OP, it looks like we have a large diametric. It seems that we are now in the F wave of this diametric.
By maintaining the green range, it can move towards the targets.
Closing a daily candle below the invalidation level will violate the analysis.
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/BTC - Optimism: Failure Swing◳◱ On the $OP/ CRYPTOCAP:BTC chart, the Failure Swing pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.00004557 | 0.00005564 | 0.00007365 and support near 0.00002756 | 0.00001962 | 0.00000161. Entering trades at 0.00003833 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Optimism
▣ Rank: 48
▣ Exchanges: Binance, Hitbtc
▣ Category/Sector: Infrastructure - Scaling
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00003833 ₿
▣ 24HVol: 23.988 ₿
▣ 24H Chng: 7.578%
▣ 7-Days Chng: 6.60%
▣ 1-Month Chng: -27.34%
▣ 3-Months Chng: -16.44%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00004557 | 0.00005564 | 0.00007365
◢ Support: 0.00002756 | 0.00001962 | 0.00000161
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : NEUTRAL
◲◰ Sharpe Ratios :
▣ Last 30D: -2.95
▣ Last 90D: -0.57
▣ Last 1-Y: 0.45
▣ Last 3-Y: 0.65
◲◰ Volatility :
▣ Last 30D: 1.19
▣ Last 90D: 1.00
▣ Last 1-Y: 1.01
▣ Last 3-Y: 1.36
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.67 - Bullish
▣ In-depth OPBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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The key is whether it can receive support around 2.289 and rise
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-------------------------------------
(OPUSDT 1M chart)
This month's decline shows that the HA-High indicator is about to be created at the 2.759 point.
Accordingly, the key is whether the HA-High indicator can be supported and rise near it when it is created.
It is showing a rebound after touching the Fibonacci ratio point of 0.5 (1.828).
Therefore, we need to see if it can find support around 0.618 (2.045) and rise above 2.289.
(1W chart)
It touched the psychological volume profile section and rebounded, but failed to receive support around 2.289 and showed a downward trend.
Accordingly, the key is whether it can rise above 2.289.
Currently, the HA-High indicator is formed at 3.777, so it is expected that in order to switch to an upward trend, it must rise above the HA-High indicator.
(1D chart)
The upward trend began on November 3, 2023, when the HA-Low indicator broke above the upper box section.
And, on April 7, 2024, we encountered the HA-Low indicator for the first time.
It is showing a stepwise decline as it fails to receive support near the HA-Low indicator and falls.
Since the volume profile section of the 1M chart is formed around 2.289, the key is whether the price can be maintained by rising above 2.289.
The time to buy is when it shows support near the HA-Low indicator and rises above the MS-Signal indicator.
Aggressive buying is possible when support is seen around 2.289.
In order to continue the upward trend, the HA-High indicator must rise or higher.
----------------------------------------
After the HA-Low indicator is newly created, the trend changes depending on whether it receives support or resistance.
I think that there is nothing special about the decline in the HA-Low indicator because the fact that the HA-Low indicator was newly created means that the downward trend has already begun.
However, the creation of the HA-Low indicator means that a low point has been formed.
Therefore, even if the HA-Low indicator falls, it can be said to be a meaningful movement because it is highly likely to show movement to form a bottom section.
Therefore, you can proceed with a split purchase whenever you encounter the HA-Low indicator.
Have a good time.
thank you
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
-----------------
OP UPDATE (1D)This is an update to the analysis you see in the "Related Ideas" section
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
#OP/USDT#OP
The price is moving below a downtrend and bounced from the main support area in green at 3.74
We have a downtrend that is about to break higher
We also have a trend in the RSI that is expected to be touched
It is expected to rise above the Moving Average 100
Entry price 3.47
First goal 3.71
Second goal 4.06
Third goal 4.44
#OP\USDT#OP
The price moves in a bearish channel on the 12-hour frame,
the price moves within it and adheres to it to a large extent
We have a major support area at $2.50
We have a higher stability moving average of 100
We have a downtrend on the RSI indicator that supports the rise
Entry price: 3.2
First goal 3.5
Second goal 4.0
Third goal 4.64
OP UpdateThis analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section
The diametric analysis of the previous analysis is still valid with one difference that the e wave is extended
Wave E appears to be an ascending zigzag.
It can continue to climb by maintaining the green lines.
Closing a daily candle below the invalidation level will violate the analysis
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 is bullishThe main structure and substructure are bullish and an important ceiling has just been broken
By maintaining demand, we expect to move to supply.
Closing a daily candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
OP after the pullback will continue to go upOP after the pullback will continue to go up
🔵Entry Zone 4.088 - 4.264
🔴SL 3.917
🟢TP1 4.685
🟢TP2 5.419
🟢TP3 7.065
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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OP after breaking above the range bound will continue to go upOP after breaking above the range bound will continue to go up
🔵Entry Zone 3.710 - 3.855
🔴SL 03.409
🟢TP1 4.168
🟢TP2 5.904
🟢TP3 6.515
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments.
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!
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