OPUSD
OP broke through!!! Get ready for an ATH!!my chart here cant be easier to read. its just to show how powerful this OP pump has shown itself to be.
Not only has it persevered and held onto support levels with ease. its managed to break all major resistance levels as an entity of its own. OP has never followed BTC or stocks with much correlation; but this is proof OP has a plan all its own!
$2 OP. feels like this should be the level to short!
A
But i believe OP will take this opportunity to soar as far as it can. Id like to imagine it will hit an ATH before this is over.
THAT BEING SAID, NO FOMO!!
if youre confident, feel free to make an entry one way or the other (long feels right to me). But be prepared for a hefty pullback before it pumps.
Ive found that when a stock or crypto breaks a MAJOR resistance level, it generally pulls back quite aggressively before launching back up. In this case, and with OP being OP, i wouldnt be surprised to see a 10-20% pullback before it makes a move upward to new heights.
And for the sake of anyone who read this...
I DO NOT GIVE FINANCIAL ADVICE! What you do with the information i provide is of your own accord. i hope you find it helpful, and i welcome any feedback and tips.
Double Top on OPUSDTBINANCE:OPUSDT
OPUSDT seems to have made a double top 2 days ago on the daily chart, it made two consecutive Shooting Star Reversal Patterns. There is negative divergence on the RSI indicator.
Could make a good short here with stop above $2.28 USDT.
Not a recommendation.
Good Luck to You.
OP ready for correctionAfter some strong bullish moves now we have reached a strong resistance in multiple timeframes(Weekly, daily and 4H) as well as a measured move target for bulls to take profits and I expect at least TBTL (10 bars 2 legs) down from here. entry based on two major double tops as well as nested ones in shorter timeframes plus lower high major trend reversal setup!
NFA
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
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
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
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 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 🐋