From where we placed the green arrow on the chart, it seems OP has entered a bullish phase. The Boolean phase pattern looks like a diametric or triangle. If the demand 1 range is lost, the pattern is confirmed to be a triangle, but if the price is rejected upwards, the pattern is diametric. What seems certain now is a drop to the demand 1 range The structure...
On day timeframe BINANCE:OPUSDT had broken the descending trend line and closed above it so price can return to test to confirm for bullish On 4H TF The descending trend line turned into support now I expect price return test 1.46 Wait and see
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...
OP ~ 2D #OP Buy after breaking the resistance of this descending pattern or buy at the demand zone. Target 20%++
1D time frame - Entry: $1.4 TP: $6.45 SL: $0.9 RR: 10.1 - (1) Broadening wedge on high time frame (2) Successfully testing support zone of the wedge bottom now (3) Target analyses from Fib extension and Time structure are overlapped at $6.45 (4) Need time to reach during bull major wave, spot is better (5) Stop loss once going below $0.9
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...
In Monday (start of the new week) price swept previous week low liquidity (orange line) and show willingness to go higher by breaking the 4H structure. So the following week I would expect to see price trades higher, potentially even to opposing liquidity pool like previous week high (orange line) Thanks you and have a nice trading week! LFG!
2h time frame - Entry: $1.38 TP: $1.762 SL: $1.29 RR: 4.24 - (1) Potentially accumulate momentum to pump through two Fibs Projections (2) Yellow path: Finished a Fibs projection from 0.382 to 1.414 (3) Blue path: Currently searching support around Fib 0.382, high possibility reach 1.272 if stop falling here (4) Fib 1.618 of Yellow wave is overlapped with Fib...
Yello, Paradisers! Are you prepared for what could be a pivotal move for #OPUSDT? Let's dive into analysis. 💎#OP has recently shown bullish momentum with a successful breakout. The price is currently testing the demand zone at $1.32, a critical level that needs to hold for the upward movement to continue toward the minor resistance at $1.98. A breakout above this...
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...
OP ~ 1D #OP Make purchases gradually after breaking through the resistance line of this descending pattern.
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 ...
highly regarded l2 after unlock event and selloff.. think the total 3 mcap sees a resurge in september tbh undervalued across the board out of the top 15 or so
BINANCE:OPUSDT (1W CHART) Technical Analysis Update OP is currently trading at $1.764 and price has reached the bottom of the channel, OP has been trading inside the range and currently price has reached the bottom support line, in the past this support line held strongly multiple times and we are expecting the same this time. If the price bounces back then...
A Well-Known Project Op Recently Experienced A Correction Due To The Market Crash Caused By Middle East Tensions. However, It Is Now Recovering And Has Formed A Falling Wedge Pattern, Expecting Massive Bullish Wave Towards 5$ Incase Of Successful Breakout
OP can take the downtrend from the specified position, wait for it to reach the specified points and then take a short position. !!! Don't Follow me !!!🔥