Retest for ShortOn daily TF
- Breakdown Ascending Trendline
- High Volume + Big Red Candle
My point, OP will down to 1.15 and consolidation around that level
Wait and see
OPUSDT
OP ANALYSIS (12H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the OP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
analysis OPUSDT tokenThis token is currently in a downward trend
Step entry points are marked
Don't forget capital management
I see this patternHit bottom of channel, hit top of channel twice and then back down to the bottom. you double/triple tap the bottom channel, before a big move out. this would line up with june FOMC rate decision. Other scenario would be to continue up from this point, though i think this is unlikely given current volumes.
OPUSDTOP Falling Wedged waiting for breaking out, Stop Lost -12% (SPOT), Possible 60% profit on Spot or 120% profit with 2x Leverage.
Op clean chart Op is forming bullish structure on each time frame and it needs just a simple push then boom. dont miss it
OP at least a minor move up (Scalp LONG)After a strong comeback from a key area, I expect a correction validating the change of character and a move up from there!
NFA
OP is strating a big upward moveHello Traders🖐🏿
In the chart of OP/USDT, we have 2 channels, all time channel and recent downtrend channel, the bottom of both channel in this price situation, is one point that touched yesterday in 1.49$, now we expect that OP making an upward move to 4$ after recent big crash from 3.3 to 1.49 that claimed all order blocks in lower zones
Likewise RSI touched oversold zone in last days and now is showing some good signs to OP growth.
This is not a financial advice, its just my idea.
Good luck 👊🏿
Say Good Bye To Op Opusdt
For Now Holding Support without volume I am expecting breakdown soon
Incase of breakdown expecting 40-50% drop
Dyor Risk Under Your Controll
OP / OPTIMISM . 5$ soon or higher ? Let's checkParallel bullish channel + symmetric triangle which was broken for retail trader , for me it was liquidity , we catches their's SLs and stopped on the order block. OB is located on 0.5 FIB of the last wave . Waiting for bullish movement in near future
OPUSDTOP is trying to regain the lost support. But currently the overall trend is down and 36% drop in 19 days cannot be a good sign. In the chart you can see the two upcoming scenarios i.e. bullish and bearish. Also for As a reminder, I must say that this currency will release 154 million tokens worth approximately 300$ M in 23 days.
BINANCE:OPUSDT
OPUSDT IDEAFollowing a pattern where we need to see the conformation for entry either break resistance or support then we may able setup a tarde plan according to we risk reward ratio
OP Long Entry Setup (High Probability)I expect OP to get to the highlighted demand zone area in order for a reversal.
NFA
OP minor correction before the big move (Long)OP needs to grab some liquidity before the pump. The highlighted demand zone looks like a good entry point since it is an unmitigated order block zone as well.
NFA
OPUSDTHello there,
*Mars Signals Team wishes you high profits*
This is a 4-hour-time frame analysis for OPUSDT
In this chart, R2 and R1 are our resistance areas in which the unsuccessful triumphs of price is clearly seen. And finally at the bottom of the chart, we have S1 which is the long-term support line and contains the support of price at different points since the past. The price past trend illustrates its well support at two points at S1 and after each support, it faced more rise to higher amounts including R1 and R2. The existence of a head and shoulders pattern means that the price formed the head part of the pattern when it was rejected at R2 and now it is moving over S1 again. Hence, the price is fluctuating at this point and experience a rise up to the resistance areas. These will be the good points for saving your profits. Or if possibly the price is believed to be supported again and by rising toward R1 falling for another time, we expect the right shoulder of the pattern to be completed. But in case the price falls below the support area, then more decline happens to it. Even by more fluctuation and support above R1 area, more rise is waiting for the price. Note that it is recommended to wait for some confirmation candles and make sure of your next action in trading. In case you are interested in experiencing profitable trades and wise actions in your analyses, we have several points and tips in our updates.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you success
opIf cannot pass the first resistance, is likely to go to the green box and hit higher targets and lines
OP minor correction before the big move (Short)I expect a reversal from highlighted area (Strong supply zone) to the downside before making a big move upward.
NFA
long OPNASDAQ:OP bounced off the support level. Bullish movement to resistance level at 2.77$ is likely to happen.
W9-31 OP BULLISH IDEA (HARMONICS BULLISH PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
OP additional analysis Everything is going according to plan that I said in my last analysis about OP.
I expect that the daily candle of today be a green reversal candle to 2.67$.
Dont worry, Don't be upset about the recent drop, it was a normal move, it was just a part of the natural procedure of price.
Keep your positions and wait to gain a good profit.
The daily green candles will appears soon.
Good luck👊🏿
OP is ready to jump over 3$This coin needed to pullback into these areas to gain momentum to start a rally over 3$.
As I said a few days ago, symmetrical triangle pattern has been completed, and now the price has been accomplished a pullback to upper edge of mentioned pattern, and now everything is ready to start a move to 3.28$.
If we want to do a more detailed investigation, we should use Fib RET tool, according to Fib RET in 4H TF, 0.618 level played a supporting role well, and caused a price reversal.
Now we should wait for a bounce from here.
This is not a financial advice, this is just my idea👊🏿
Good luck, be profitable👊🏿
OP/USDT 0.786 Retracement Target 4.1 The Trade from SFP 2.46 is still in play no profit has been taken yet. remember to do your own research it's not Financial Advice. Stay safe.
TP 1 - 3
TP 2 - 3.5
TP 3 - 4.2
OP/USDT 0.786 Retracement Target 4.1 Based on my analysis, it appears that there is a breakout of OP Optimism, which has seen it shoot up and retrace 0.786. This particular retracement level is known to be a significant area for altcoin retracements. I have observed that OP has managed to hold above turning resistance, thereby transforming it into support. While there may be some resistance at 2.9 and 3.1, I believe that it will ultimately break out cleanly, leading to a surge towards 4.1.
To conduct this analysis, I have used a range of technical indicators including Fibonacci retracement levels, fixed area volume, anchored Vvap, and horizontal supports. With a leverage of 5X, my position was opened at 2.1 and closed at 2.8 before being reopened at 2.6, which corresponds to the 0.786 retracement level.
Based on my analysis, I have identified three take-profit levels, with the first target set at 3.1, followed by 3.5 and 4.2 respectively. I will continue to monitor the market closely, and once OP reaches the 4.1 level, I will conduct further analysis to determine the best course of action.
Leverage 5 X
Position open 2.1
Closed 2.8
reopened at 2.6 (0.786)
TP 1 3.1
TP 2 3.5
TP 4.2
