OPBUSD
Optimism(OP) will lose 💣at least➖12%💣of its value!!!Better to know first what is the Optmisim(OP) project.
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.
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.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Optimis lost its support line after accepting defeat from the resistance line.
While losing the support line, it managed to form a descending channel, and now the lower line of this channel is also broken by the breakout candle.
I expect Optimism to drop to at least the 🟢support zone($2.24-$1.99)🟢.
Optimism Analyze ( OPUSDT ), 1-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Optimism (OP) formed bullish Gartley for upto 33.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Optimism (OP) with US Dollar pair.
Previously we caught a nice trade of OP as below:
Now on a daily time frame, OP has formed another bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
OP is holding support line well As i see there OP is holding the support well .
And seems it can reach the 3-4 level with a matter of says depends on BTC movement .
I think the red line is good target
GOOD LUCK
Optimism OP - New Poop Coin Going BullOptimism heard about the ETH rush and wants to piggy-back.
By looking at it, it has potential.
Nice project, however, I am not so keen on these newly grown "mushrooms" right after the rain.
But, you asked.. so, I deliver.
Levels of Interest: $0.5 , $0.35 , $0.1 .
Optimism OP ( OPUSDT , OPUSD , OPBUSD ) Tech. Analysis:
* A-B-C Elliott Wave Correction
* Harmonic Pattern: AB=CD
* 88.6% Fibonacci Retracement
* 61.8% Fibonacci Extension
* Bullish Divergence
* Descending Wedge or Ending Diagonal
Thanks for HODLing ..
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
Optimism (OP) formed bullish Gartley for upto 11% pumpHi dear friends, hope you are well and welcome to the new trade setup of Optimism (OP) with BTC pair.
On a 2-hr time frame, OP has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
OPTIMISM, an optimistic viewGood part of the day. A newbie in crypto world OP has showed a great breakthrough. For the next two months targets are closer to x3. Good luck in trades, buddy.