✴️ Optimism Great Timing (100%+ Potential)Here we have great timing for Optimism (OPUSD) as the new waves is starting just now.
It is easy to see the last session closing as a Doji after a short-term higher low 10-July vs 10-June, and today prices move above EMA10 with a bullish RSI.
This is happening after a classic EW correction.
We can get easy 100% out of this chart set up with very low risk.
More details on the chart.
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Namaste.
OPUSD.P trade ideas
OPUSD: Channel Up to test the 2 month Resistance.OPUSD is on a stellar rise within a Channel Up that is supported by the 1D MA50 and very balanced bullish technicals on the 1D timeframe (RSI = 63.931, MACD = 0.054, ADX = 31.710). The 1D MACD shows significant upside potential and we will take this opportunity to buy and target the LH trendline (TP = 1.8000).
The Resistance Zone is between R1 (1.87500) and the 1D MA200. If the price closes over the 1D MA200 we will buy the breakout and target the 0.786 Fibonacci level, just under R2 (TP = 2.79500).
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OP Break out with CC Fib (0.618 and 0.66) coming right above NPCThe OPUDST pair breakout from the downtrend into CC Fib (0.618 and 0.66) coming right above NPC. Any close above 1.5 USD will start an impulsive move up to the levels described on the chart. We are looking at new ATH and possibly higher. The bases for the Analysis is the Fixed rage volume profile, Weekly candles are constructed based on fractals for liquidity and the structure is based on previous break out.
Note analysis is done on a Weekly time frame.
This is not a Financial Advice just my analysis and trading plan.
1.64 a small TP 1 and move stop loss to Neutral.
1.9 Anchored VWAP TP 2
2.3 is VAH TP 3
3.2 previous move high TP 4
4.12 Trade Close as Previous ATH/ Double Top.
Then I will wait for a retracement to the CC levels and possibly a New yearly High.
✴️ Optimism Long-Term Ascending Channel ActivatedHow you paint a chart can really change your perspective. With the right drawings, a clear picture can be produced.
For Optimism (OPUSD) I focused on a long-term ascending channel, marked by the orange lines, "trendlines".
Notice that when the upper side of the channel is activated, prices drop. On the other hand, when the lower band of the channel is activated, prices move up.
Optimism just activated the lower portion of this channel after one long year, we can expect a strong bullish wave to show up.
This is a easy one and another pair that has been growing strong.
Namaste.
OP📊 #OPUSDT
⏱ TIME: 1D
📝It is reaching very important areas for spot purchases, and you can make purchases in a gradual and managed manner. It has also been checked for fundamental analysis and is a sustainable and strong project for the future.
📍The initial buying limit: 1.38 $
📍The second buying limit: 1.01 $
📌TP1: 1.87 $
📌TP2: 2.74 $
📌TP3: 4.35 $
📌TP4: 6 $
OP OptimismNews on May 31, according to the official announcement, Binance will support Optimism (OP) network upgrade and hard fork, the specific arrangements are as follows: Binance is expected to suspend the deposit and withdrawal of OP tokens at 23:30 on June 6 , to support the network upgrade and hard fork of Optimism (OP) at 00:00 on June 7. During network upgrades and hard forks, OP transactions will not be affected.
According to the previous news on May 16, the Optimism mainnet Bedrock upgrade will be carried out on June 7, which will require a shutdown of 2 to 4 hours.
$OP Unlock NukeI am short NASDAQ:OP currently:
- NASDAQ:OP is set to more than double their circulating supply overnight.
- Investors are 5x+ in profit already.
- Market or NASDAQ:OP does not have "narrative" currently, it isn't part of any positive meta.
- Just $500k would drop the market 2%, here we're talking about 1200x that amount ($600M)
- Positive funding rate (lol)
Optimistic Correction - Time to AccumulatePut all my thoughts on the chart:
Potential reversal area if the Gartley is completed.
What a complete WXY might look like. (I think the current Impluse down will belong to a higher degree ABC... zig zag?)
Looks like the cycles are on a 33 day rhythm. Mid-cycle in this current nearly completed impulse move.
Enjoy.
3 Alts To Out Perform...If I'm right on this BTC cycle there will also be an alt cycle which I think will be a tad more selective in nature than past ones...So how do you play it? Easy see the future narratives that will generate the most hype and drive ''adoption'', I already Identified L2s as the spark for this Bull run and I'm quite confident on it - ETH is top dog and scaling is crucial for it to be able to function as network activity increases - the strongest L2 narratives are ARB / OP and possibly MATIC. I've thrown Aptos in here because it's a new L1 and has yet to see a bull cycle so it's a no brainer really.
optimism 8h accumulation best level buy/hold 300% gains🔸Hello guys, today let's review 8hour price chart for OPUSD. nice gains recently off the range
lows, also trading near ATH, which is also bullish catalyst for future gains. Short-term more
gains possible to re-test premium levels, however also expecting a pullback, since accumulation
is not complete yet and we are not ready for take off.
🔸Active trading range is defined by range lows at 2.15 usd and range highs at 2.85 usd.
Premium prices / resistances / supports set at 3.00 usd / 3.25 usd and 1.90 / 2.00 usd.
🔸Recommended strategy bulls: the overall outlook is bullish and we are in the active
accumulation stage since February, however good things take time. Expecting pullback later
after we hit strong overhead resistances near range highs. Don't get caught up in pullback
and be ready to buy/hold low later near 2.00 USD in May/June 2023. Conservative target
for the bulls is 6.00 USD, which is 300% gains off the range lows. good luck traders!
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My Final Post: Ordo Ab Chao; ‘optimistic’ about the future?STATE OF PLAY AS AT FEB 2023 -
3 Year Review
Exogenous event to effect a societal and economic reset (March 2020-ongoing)
mass ‘awakening’ per Fourth Turning as the antithesis to the thesis as presented by the World Enconomic Forum /WHO
Great Deception has commenced (1-28-23)
Transition to degrowth, dedollorization and web 3 via Industry 4 and StakeholderCapitalism
…well underway
Ether’s Phoenix - Stakeholder Capitalism
medium.com
Humanity’s defining characteristic is its ability to organize and cooperate. We have devised a number of tools to do this — from language, religion, and legal structures, to rules on the highway — all are systems created to align our actions.
Despite these tools, many current attempts to coordinate large-scale action are failing. Planetary health is in rapid decline. Open source software is underfunded. Public and common goods don’t receive the support they need to survive long term.
Why is it that crucial things which stand to benefit all of us are being neglected and, more importantly, what can we do about it? In a moment where coordination is overshadowed by defection and common ground is hard to find, how do we choose the path which leads to a better future? Enter Ether’s Phoenix.
Impact = Profit
Imagine a world where every individual is awarded profit proportional to their positive impact. Distribute your software package for free, get paid proportionally. We can call this powerful equation the “fairness ratio,” where impact = profit.
But how do we calculate that “impact?” Positive contributions are notoriously hard to measure. Not only do many public goods suffer from being “out of sight, out of mind”, but they may take an extended length of time to manifest and measure. The free market is our most popular tool to assess impact, but for these reasons and others it fails to adequately compensate most public or common goods.
The passage of time may help to allay these problems. In general, it’s easier to agree on what was useful in the past than what will be useful in the future. So to assess the personal profit due to each actor, imagine if society paused every now and then to look back, survey its , and pay out the profit each individual deserves. This is the “retroactive” part of retroactive public goods funding.
If we believe this is a good system, this process becomes recursive: the “impact” side of the fairness ratio will also reward the contributions that helped bring about this world in the first place. The work to build a system that supports public goods is a public good itself.
Summoning the Phoenix
This is Ether’s Phoenix: the angel who rewards you for summoning it, a kind of reverse Roko’s Basilisk. It is an algorithm that rewards the early cooperators who created conditions for public goods funding to prosper. It is a future where early investment in public goods is recognized. It is also a mindset: that optimism prevails, that better systems are possible, and that humankind will be rewarded for its cooperative revolution.
Granting 100% of centralized sequencer profits to Ethereum protocol development is Optimism’s current (but not final ) contribution to summoning the phoenix. It may not fix all the world’s problems, but it’s a step in the right direction, and who knows where that step could lead? A more harmonious future perhaps, if we dare imagine and build toward it.
If that sounds like something you’re interested in doing, check out our job board. We’re always looking for more people serious about doing something that matters (while having fun doing so).
GRI out.