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.
Optimism
Why Bitcoin bulls remain optimistic about higher pricesBitcoin (BTC) price has undergone a rejection against a significant short-term barrier but if it can break above a 25% rally could get underway. 10% is up for grabs if bulls can swing from one resistance to another. An endpoint for the run-up is likely to be the 55-day Simple Moving Average (SMA), with bulls potentially booking 25% of solid gains in the process.
Bitcoin price sees bulls hurt a bit by a firm rejection from the $21,969 level, the low of June 13, and a key short-term level on the chart. Although price action took a little step back since then, the Relative Strength Index shows bullish signs as it trades back above the oversold area and looks like it is tilting higher. With more bullish pressure mounting, supported by tailwinds from global markets that have entered a sort of a soft patch, Bitcoin could get set to return above $27,000.
OP/USDT BUYING SETUP (SWING)Buying #OP/USDT (SWING)
$OP big potential pullback , we can see after hit target down according fibonacci immadiately rejection and pullback. RSI oversold big buy volume on support. Give me one more
Buy zone : 0.88 - 0.77 - 0.7
Target : 0.999 - 1.129 - 1.285 - 1.446 - 1.618 - 2
Stop : 0.67
OP is Killer For Retail Investor Guys, do i wrong ? am not hate it about $OP but just Speak up with this.
Many People i seen on Twitter going rekt and got liquid on $OP.
all of them anthusiasm with new trend Layer 2 for scalability on Ethereum. somehow Dump and Dump coming to CEX and DEX.
it's a lesson with this tech behind Optimistic Rollup.
Purely not going make it in appereance.
Optimism perhaps the most significant innovation of 2022?Fundamentals:
+ OP/ Optimism native token
+ By far the most significant innovation of 2022
+ 2nd largest ETH L2
+ Decentralized Airdrop
Opinion:
Optimism has an incredible future. The technology is safe and sound. One of the fastest L2's. Key partners, cross interoperability. Recently filled the DEX gap to 0.85$. Very bullish on this one, not afraid to be patient on it!
Notes on how I personally use my charts/NFA:
Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
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Optimism - looks an excellent asset to hodlIts a lottery picking out the next digital assets that might fly but Optimism looks to have real possibilities.
Optimism was developed to speed up ETH transactions and cut its costs by settling them on another blockchain using advanced data compression techniques. The technique involves optimistic rollups, where multiple transactions are rolled up into one single transaction, set on another blockchain, meanwhile reducing the gas fees. Ethereum users will be able to witness and process the transactions on the main network itself*
(* see AnalyticsInsight website for more details).
Well worth buying a few in anticipation of an uptick in the world of cryptocurrency.
OPTIMISM gain 💡📖🚀Hello 🐋
based on the fundamental sign and technical support level ✔️
if
the price do not break the support area here to the downside ✔️
we will see more gain and our targets are located on the chart 🚀📖
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Op has been a riot all day #volatility monster As you see on the 1 hour as well as even better on the 30 min. and 15 min. time frames. Ever since the airdrop sell off that supposedly happened earlier to create the fall from the Moon shot launch it had. This thing has actually managed to create a rather solid base. Looking like there's actually a really good structure for trading for those into a long night, or lucky enough to be in a time zone just waking. Launching on so many major as well as CEX at once means there's a LOT of angles to this right now. Stay safe and keep your stop losses tight and leverage within reason. #yolo , lol .
OP.Usd (Y22.P2.Video1).The trade so farHi all,
#OP #OPTIMISM is worth having but for now, I talk about the trade entry, expectations and how to approach this crypto for another entry.
All the best,
S.SAri
If it can get above this current resistance, 1.618 ext. hit our target and hold this level.
the next levels are here
...what's NOT going to happen on fridayIn case the laws of physics do hold - and I'm pretty certain they will - the direction that is crossed out in that blue three-way-symbol can clearly be ruled out. I'm glad that we can at least be sure of that.
SNX update: Money flow, Solana now; MATIC, AVAX, AAVE, UNI soonDisclaimer: These are my observations and personal views on SNX. Full disclosure requires I tell you I am long SNX and see a high profit potential in this "derivatives" trading platform. Synthetix refers to these derivatives as "Synths." To actually trade, you need to go to Kwenta (kwenta dot io ). Now for the updates.
As witnessed by the CMF (Chaikin Money Flow / green line below), the flow did not dip as far this last volatility cycle as the preceding dip. To me, this indicates a likely fast rebound once the markets calm.
In other news, on 15 February 2022, Synthetix explained "Dynamic Exchange Fees" in their blog (blog dot synthetix dot io) and how it eliminates "frontrunning" during volatility and will keep overall fees low when trading on Kwenta.
Additionally, on 15 February 2022, Synthetix released two updates. Well, one is actually an OCR protocol upgrade (SCCP-163) via Chainlink. The other is SIP-199 (they say 199 at the beginning of that blog article and 209 further in the reading) and is more exciting in my mind.
SIP-199 added Solana (SOL) synth on Optimism with shorting functionality. And if that isn't exciting enough, Synthetix (dot io) retweeted the following: "New #Synthetix intelligence from lead developer of @synthetix_io, @MattLosquadro: 5 new synths coming to @kwenta_io: #MATIC, #AVAX, #AAVE, #UNI and #EUR
So cool! The progress continues even as volatility makes for great SNX price entry... and I continue to earn my SNX tokens at 14 percent APY every Monday on Celsius Network. --Garry
For more info or ideas comment or read my other ideas.
SPX vs Volatilitya different perspective of equity markets performance ,
market is beating the covid-19 fear ,
but ongoing recovery seems too optimistic for now , many stocks have unrealistic overvaluations and many of them have undervaluations as well.
entire global markets could go deeper corrections & rebalance before the next robust recovery.
trade at your own risk.
good luck.
ETHBTC Cycle - Livermore Accumulation CylinderI think this is largely dependent on how ETH shapes up in the coming months.
This includes:
EIP-1559
Layer 2 Scaling (Uniswap + Coinbase Wallet specifically)
Mainstream attention on NFTs
If Ethereum fails at these I'd still be surprised if .055 never gets tagged.