finally op looking ready for recovery falling wedge recently got cleared expecting massive recovery in coming days expecting moves towards 5$ in coming days op is fundamentally and technically strong project can give good returns
Yello, Paradisers! Are you ready to capitalize on the next big move in #OPUSDT? We've been laser-focused on #Optimism as it navigates a critical juncture, and it’s time to assess whether the bulls can take charge or not: 💎Currently, OPUSDT is showing promising signs of a bullish continuation from the bullish Order Block (OB) around $1.27. The falling wedge...
gm, read that title again, and let it sink in. --- optimism has been expanding extremely quickly over the last year,,, from large players like coinbase creating base on the chain, to a conglomerate like sony in the works of creating soneium... this is a rapidly growing chain, and there are incredible builders creating something truly magnificent as we progress...
After reaching an all-time high of $4.866, the asset's price corrected by more than 78%, returning to a zone of interest for participants, as defined by the volume profile and the key POC level. According to Fibonacci levels, the current asset price is in a buying zone. In this situation, based on indicator readings, it's possible to consider building a position...
KRAKEN:ASTRUSD may be one of the most undervalued, under-the-radar cryptocurrencies at the moment. Astar is the token of the Astar Network. Recently, it was announced that Astar zkEVM will transition to become #Soneium, the revolutionary #Ethereum CRYPTOCAP:ETH L2 launched by #Sony. The founders of the Astar Network and Soneium have announced and confirmed...
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...
#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...
The OKX:OPUSDT price has reached a critical point. 🔼 Fixing the CRYPTOCAP:OP price above $1.60 can give it a rapid rise to $1.90 🔽 But sellers may try to keep the #OPUSD price in the downward trend and drop it once again to $1.40 But one way or another, in the medium term, the price of the #Optimism token will reach $1.90 and $2.30 ...
Might just range it here for a while tbh.. Wouldn't discount the idea that this whole move is simply a massive deviation to the downside and it simply reclaims the above range again soon tbh.. But sell pressure has been astounding since the eth sell the news etf launch.. so might just be ranging it till November also
I gathered data from Coinbase in the Orderbook and marked significant limit orders placed before Optimism's price correction. These are likely targets for Optimism's journey to the Moon ($12-$42). May the force be with us.
Logarithm. Time Frame 1 week. After the listing there were 3 cyclical pumping of the “participation” phase. PR, hype, connection of the majority in mass media. The reversal occurred with a typical breakout in the secondary trend of a triangle (first pumping) or a wedge (second pumping). Now the third wedge is forming, the price is near the dynamic Gann support...
Weekly Bullish, Daily chart bullish, 4 hrs still bullish. We have a long up to go. But for your safety of price actions, you might need to consider using lower leverages like 4x. Buying on spot is good choice as well. 🎯Short-Term Target - 4.2$ 🎯Mid-Term Target - 7.65$ 🎯Long-Term Target - 11.6$ 🎯Long-Term Target - 15.5$ 🎯Long-Term Target - 19.6$
Optimism is a layer-two blockchain on top of Ethereum which uses Optimistic Rollups to scale the Ethereum ecosystem. The project is new and there are not enough candles to draw the big picture. But anyway, it seems a triangle pattern with ABCDE waves is forming, so have to wait and see when the current corrective wave end and ride the 5th wave to the top. Let's...
What is Op, and why am i writing about it today? Optimism, in the context of blockchain technology like Ethereum, is a technique that enhances scalability by processing transactions off-chain in batches before settling them on the mainnet. Instead of individually processing each transaction on Ethereum's main blockchain, Optimism aggregates multiple transactions...
🔍 Technical analysis: C wave correction - It has been moving in an upward channel in weekly and daily time. - It is currently moving in a downward channel. - The last upward wave was a complete cycle of 5 waves, which was able to grow to the size of 0.78 of the previous wave, which then formed a corrective structure. - At present, the current corrective...
#optimism #OP price declined from the long ascending channel and this' not good for mid term. #opusd must reclaim above 2.10 - 2.20 #usdt zone permanently to avoid greater correction in mid term.
Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~...
We are expecting a rise from the green zone. You can try a SPOT or 2-5X long position. Take your risk, make some profit !