Opshort
Short OP vs USDOptimis pumped on the Coinbase hype today and it made a SFP at Range Highs on the daily.
Took a short here with SL at todays Highs, this is a swing play for me so I expect it to play out in few weeks.
Mid Range is the target.
Follow, like the idea and feel free to leave a comment if you like it.
Check out other ideas if you like this one.
OP SHortHello guys this is Faisal Afghan crypto trader
Here is what i have for OP short
op is lying under a big Trend line and also under a rewsistance Right now its consolidating and showing change of character
also RSi is showing low volume
TPS and Stop loss is manages Accordingly
Trade according to my chart stay safe
Thanks
OPUSDT: Deep decline could start right nowPreviously I have published an idea for OPUSDT.
Now, I made adjustments to the current wave count.
The price successfully overcame the uptrend line, forming an impulse in the assumed wave 1.
At the moment, wave 2 is being formed, in which the most highly effective trades are opened (according to trading rules by Elliott Waves).
I opened a short position and plan to increase the volume of the position at breakdown of the price minimum of wave 1.
The target level for taking profit now at $0.1.
The risk-to-profit ratio reaches 1:8.
Best Regards,
CEO Tornado Capital
OPUSDT: Deep Price PlungeAn ABC upward correction pattern has been formed, for a downward wave A.
At the moment the price broke through the uptrend line and it is likely that the formation of the intermediate wave 1 will be completed soon.
I will sell the coin on the correction in wave 2, from where I will expect a deep price decline to the level of $0.1.
Overall, short pos has risk-to-profit characteristics of 1:5 at least.
Best Regards,
CEO Tornado Capital