Optimism
OPUSDTHi guys
Our support areas have been well maintained so far. But note that our resistance areas are also reserved.
It seems that we can enter into an attractive selling deal relative to the $4.033 range, provided that the $4.285 resistance zone is maintained.
What do you think?
Arbitrum $1.955 ➥ $3.70Arbitrum $1.955 ➥ $3.70
Entry Price: $1.955
Stop Loss: $1.848
First target: $3.70
Second target: $9-$19
Arbitrum is a Layer 2 scaling solution for the Ethereum blockchain that powers fast smart contract transactions while reducing transaction costs. Layer 2 solutions can scale the base Layer 1 blockchain by delegating complex computational tasks, such as transaction processing and data storage to the second chain.
Optimism $3.80 ➥ First target $10-$12Optimism $3.80 ➥ First target $10-$12
Entry price: $3.80
Stop Loss: $3.7065
First target $10-$12
OP - Breakout waiting to happenBINANCE:OPUSDT (1DH CHART) Technical Analysis Update
OP is currently trading at $3.777 and showing overall bullish sentiment and waiting to breakout from the resistance zone.
Breakout from the resistance zone will definitely fuel to bull run of the OP. OP is also one of the fundamentally strong coin so we cannot go wrong with the LONG entry for this coin while we wait for bull run continue.
Entry level: $ 4.292 (candle close above this)
Stop loss level: $ 3.697
Target 1: $ 4.597
Target 2: $ 5.061
Target 3: $ 5.571
Target 4: $ 6.610
Target 5: 6.792
Max Leverage: 2x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
Optimism - Ethereum Rollups Solution breaks ascending triangle Optimism- CRYPTOCAP:OP
This is a potential long term asymmetrical trade with 640% potential and a -20% loss potential.
⌛️ Potential Ascending Triangle Breakout
✅ OBV Volume breakout and retest
✅ An increasing volume profile (peaks and valleys)
✅ DSS Bressert Cross
The entry and stop loss is noted on the chart.
The 4.236 fib ext level aligns with the ascending triangle target (purple arrow). This would be the most optimistic scenario and prior to reaching this we would have taken profits along the way.
I think there is a possibility of a retest lower as set out with the fractal candles, the recent low of $2.63 needs to hold in my view hence why this is also my stop. If re captured we could re enter the trade so no great loss either way. I have an open small allocation and will add in the event of pull back
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 (think lightening network but for Ethereum).
Happy trading
PUKA
OP-Ready for Higher🌟 Bitcoin's Breakout Surge: Professor's Big Charts Revealed 🌟
📈 Live Analysis Incoming!
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Witness the bullish momentum as Bitcoin smashes past the $47,650 barrier. With my analysis, we're looking at a bull run targeting $59.9K,
69K
, and the ambitious $79K. 🎯 Stay bullish and watch as the charts unfold the story live!
💹 Historic Patterns: A Roadmap to $79K
Reflect on the last breakout at $31,100 and its staggering rise to $46,000. Our charts have been the compass leading us to these profitable winds. Don't miss out as we dissect the potential climb to $79K, live!
🔍 Last Year's Chart: The Trendline Triumph
Cast your minds back to January 2023, when Bitcoin was a humble $18,000. Fast forward, and we're witnessing a breakout reminiscent of December 2020's rally from $7,500 to $24,000. Could we be on the cusp of reaching new all-time highs? Let's explore together.
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One Love,
The FXPROFESSOR 💙
OP- 🌈 Buying this Dip with Optimism (and incentives!)🚀Amidst today's Crypto dip, I'm diversifying my portfolio with a strategic move into Optimism (OP). Here's the lowdown:
📈 Volume Surge: Optimism's recent token incentives led to a jaw-dropping 23-fold surge in trading volume. That's not just noise; it's a liquidity bonanza.
🌿 Sustainable Growth: Optimism isn't just another flash in the pan. They're in it for the long haul, funding public goods and focusing on ecosystem longevity.
🛠️ Technical Robustness: As a robust Ethereum L2 solution, Optimism offers scalability and cost-efficiency, perfectly aligning with Ethereum's long-term vision.
🎯 Why Now?: Given these strong fundamentals, Optimism is a compelling investment, especially when the market's down. It's not just about quick gains; it's about backing a protocol with a solid future.
🔮 Future Outlook: If you recall how well MATIC performed for us a few months back, Optimism has similar potential.
🚀 Ethereum Synergy: Don't overlook the impact of Ethereum's upcoming Merge EIP-4844. It could be the rocket fuel that sends OP to $4.44. EIP-4844 Analysis:
📈Chart:
Massive Channel, on support= LONG with SL just below it 💙😎 LFG!
My Targets are 2.4 and 3.5$.
One Love,
The FXPROFESSOR 💙
#Optimism #InvestmentStrategy #CryptoMarket 💎
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!
OPUSDTHi guys
The resistance area on the time form of the day is not yet fully consumed, look carefully!
As long as the price range of $6,763 is maintained, a downward trend similar to the scenario is very likely.
What do you think?
Key Resistance Zone AheadThe OP's trend on the weekly timeframe is bullish, marked by forming higher lows and highs. It has created an ascending channel, predicting price fluctuations within it and continued growth. A bullish pattern at the channel's bottom targets the channel's top. However, a significant resistance zone (orange zone) must be overcome. Although the price has failed to stabilize above this zone and is correcting, the expectation is that emerging bullish patterns will resume the upward trend, leading the price to the channel's top.
M15 (OP)📊Analysis by AhmadArz:
buy and sell.
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
OP could drop until 0.5 $ i think OP could drop until 0.5 $ and mybe more
be carefull with this coin
$OP targeting 150% increase?NASDAQ:OP is now resting right above support/previous resistance.
Looks like it's going to target the top of the structure around $4.50 for about 150% increase from here.
Let's see.
buy by R/1 (OP)📊Analysis by AhmadArz:
Trade in low level of renge.
🔍Entry: 3.747
🛑Stop Loss: 3.644
🎯Take Profit: 3.851
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
OP/USDT Bullish long in 30MIN, Targets 3.95 & 4.20OP/USDT is bullish in short term 30min time frame, no major pump but expected 15% up move from here.
Targets 3.95 & 4.25
Wait for get profit in buy OP)❤️❤️Thanks for boosting 🚀 and supporting us!
📈support in first candle pollback.
📊 (Buy-sell) : 2.898
🔴 Stop Loss : 2.727
🎯 Take Profit : 3.092-3.315-3.357
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
OP/USDT probability of bullish continuation from demand? 👀🚀💎Paradisers, get ready for an intriguing phase in #OPUST market journey, hinting at a bullish surge from its current demand zone.
💎 Following a recent pushback from a formidable supply zone, #OPTIMISM has intriguingly swept through buy-side liquidity. This move sets the stage for a possible descent before it gears up for a bullish rebound from the pivotal demand zone at $2.339. If NASDAQ:OP harnesses enough bullish momentum here, we might witness a dynamic push towards challenging and possibly breaking through the robust external resistance zone above.
💎 The ever-vibrant and unpredictable crypto market calls for a strategy that's as dynamic as the market itself. Should #OP face resistance in cementing its stance within this crucial demand zone, a nimble and strategic pivot could be our key to success.
💎 In such a scenario, our Plan B springs into action: we'd be looking at initiating a bullish move from a strategically lower support level at $1.828 This level becomes our new watchtower, as its breach could unravel early signs of a shift towards a bearish landscape in #OP market story. 🌴💰
#op/USDT#op
Finally, the downtrend was broken
After almost a year of decline
After breaking the downtrend, the price began to rise regularly over a period of days
Current price 1.53 $
The price is expected to reach an initial target of 1.77 $
Before making the correction
To continue the rise to the second target at a price of 2.93 $
This rise is supported by reversal patterns and a descending triangle that was broken
As well as the presence of significant oversold saturation
OP (Y24.P1.E1).Still looking for more highsHi Traders,
Its possible that this latest liquidity hunt was wave 4 initiation and then we get wave 5 when BTC hits the 48k range which will then give the Alts a turn to pump.
The alternative is that BTC is doing wave 4 as well... but I still feel 47k and above is the target however if its not, then we are doing a macro wave 1 to 2 move.... I just don't think its there yet.
I have been an advocate with Optimism for some time and was lucky enough to get the bottom way back June 22, still holding it.
For now, these are the scenarios I"m thinking it can play out short-term.
All the best,
S.SAri
OP/USDT Breaking Through Resistance for a Bullish Rally? 👀 🚀💎 Paradisers OPUSDT is currently undergoing intriguing developments as it faces resistance. Breaking above this resistance holds a high probability of triggering a bullish move.
💎 In previous instances, OPTIMISM demonstrated a tendency to follow a descending channel, breaking above and initiating an upward move. Currently encountering robust resistance at 1.980, there is a strong likelihood that overcoming this barrier will propel OP into a bullish trajectory.
💎 Alternatively, if the price of OP fails to breach this robust resistance level, the cryptocurrency may strategize a bullish continuation from the demand level, marked by the previous low. However, breaching below this level could result in a significant downward move. Stay vigilant for these potential scenarios in the dynamic market environment
OP - 1H Buy opportunityOP has surged past yet another resistance barrier, gearing up for an ascent towards the upper zone. The momentum is strong, and we may see it scale even higher peaks. Stay tuned for real-time updates and exclusive insights.
