Optimism💰 Optimism
Timeframe: D
The scenario is almost complete, but we may see one more downward impulse. The most likely target for the decline is 0.60.
#OP
OPUSD trade ideas
OP (Y25.P1.E1). More lows to comeHi Traders,
Been on holidays for some time and now looking to come back with many videos and chart reads.
Optimism looks bearish as it loses a key level and now waiting to see if it can regain the weekly levels which I doubt.
Alts are likely to bleed a little more and with #OP, I'm looking for another 5 wave count.
Looking to short, like to see it get above current price and hit the weekly along with the 0.5 fib and find a nice daily rejection candle or even some reversal pattern on the smaller time frames.
Liquidity has been taken out but it might not be enough unless the ETH narrative gets a big boost but in the climate of today, tariffs of the USA have put doubt into the financial markets and so its likely to be very volatile in the coming months which will be good for trading but not for hodling.
All the best,
Regards SSAri.
Optimism/USD AnalysisOptimism/USD Analysis:
The pair has been in a short-term downtrend but is now approaching a strong support level. A bullish reversal is expected if the price respects this support, confirmed by technical signals such as a bullish engulfing candlestick pattern or other momentum indicators.
Key Takeaways:
Support Zone: A critical level to monitor for potential bullish confirmation.
Confirmation Signals: Bullish engulfing candle or shifts in momentum indicators.
Bias: Bullish reversal potential if the support holds.
What are your thoughts on this setup? Let’s discuss!
OP/USD. It's time to RETURN! Technical analysis from 27.01.25Hello everyone, dear friends!
While bitcoin is holding in the phase of uncertainty, I suggest to consider the Op/Usd pair.
The price has been trading in a wedge structure for a long time, having formed a divergence. The spring is compressed for a long time and at the current moment I expect a breakdown on volume of the upper boundary of the triangle. Targets, entry point and stop loss are indicated on the chart.
From the recent:
Ldo from January 19:
Current picture:
Want more and, most importantly, for free, write in private messages, I will give access because here is forbidden advertising of third-party links.
Happy bidding!
OPUSD (1W) - buy the dipHi traders,
Here it is my idea for a long position on OPUSD (1 week time frame).
the price hit a local high in April 2024 and hit another high in November 2024, meanwhile the price hit the SMA that acted as a resistance and the price bounced back and is currently experiencing the pullback. The idea is to enter in the buy area, which is determined by a previous resistance zone that can be a support for a bounce up now. The buy area is between 1.968 and 1.703.
We will put our first take profit at 3.014 where there was an high in April 2024 and the second take profit at 4.526 where there is the higher high.
Good luck!
Weis Wave Vol back in sync with Heikin Ashi - good tidings 2025Coinbase deFi is riding on this protocol - would not surprise me to see OP go up 10x in two years, good HODL lotto ticket. March target, 100% win. Monthly time frame just under Gann High Low line - well, just an idea, do your own diligence. Let us be glad.
Optimism attempting an invh&s breakoutOptimism leading the pack today, no guarantee it will maintain the neckline as support just yet though. I believe the fundamental news about it being one of the new 5 chains BUIDL will be on is contributing to the bullish momentum. This would make since because arbitrum is doing equally well right now also. *not financial advice*
Optimism (OP)Optimism is a layer-two blockchain on top of Ethereum which uses Optimistic Rollups to scale the Ethereum ecosystem. The project is new and there are not enough candles to draw the big picture. But anyway, it seems a triangle pattern with ABCDE waves is forming, so have to wait and see when the current corrective wave end and ride the 5th wave to the top. Let's see what happens.
OP setupGreat setup, 3 targets. Lets go. Nice harmonic, and a 3 rising valleys to boot. Accumulation happening at a key level.
BEST ENTRY IN A LONG TIME!Keeping this VERY SIMPLE. #Optimism is currently trading close to all time lows! after sweeping a few high timeframe weekly lows, and holding above the level, in my opinion, this can be a great entry for higher prices to come.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
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This is not financial advice. This is for educational purposes only.
100% Positive uptrend continuation Weekly Bullish, Daily chart bullish, 4 hrs still bullish. We have a long up to go.
But for your safety of price actions, you might need to consider using lower leverages like 4x.
Buying on spot is good choice as well.
🎯Short-Term Target - 4.2$
🎯Mid-Term Target - 7.65$
🎯Long-Term Target - 11.6$
🎯Long-Term Target - 15.5$
🎯Long-Term Target - 19.6$
OP - Massive Buy SignalHere we have an amazing development on the 2W chart for OP. Most people do not watch the 2 week chart which is why this will probably fly under the radar for most, but here we are providing you with the most up-to-date content.
We have a dragonfly doji forming on the 2W after a 112 day downtrend (>3 months) and after a capitulatory event. This absolutely looks like a bottom and with ETF approval on the horizon we could see some explosive price action. Looks like a great time to accumulate.
Also some key take aways on lower timeframe RSIs. The weekly bounced off a 33 (very close to oversold conditions at a 30).
The 3D RSI did bounce from oversold conditions at a 27 which is the exact same level it bounced from on June 12, 2023 before OP went from $1.08 to $4.80.
Optimism in a reload zone. Optimism has come down around 85% from its recent high pushing into major support levels. With the test of their superchain this week and the events in Brussels I can see a turnaround in current trend.
OPTIMISM QUICK SCALPPotential Buy Opportunity
Price breaking up
Take Profits & stop Loss On Chart
Leverage (MT4) and Exchange (Both spot & Leverage)
Optimism cross discount price and road to 6 dllsAs you can see optimism developed strong HH and LL after a liquidity grab from previous week , now optimism starts the week in discount price if zone passes to premium price there enough liquidity to get to 6dlls
Optimism and the FutureTrend Analysis Shows that we are approaching wave 3 in crypto. We are starting the speculative cycle phase of the crypto cycle. Expecting high to be 6-12 months after the halving. My target for this cycle for optimism is at least 18$ with the high being at most 40-50$.
Optimism (OPUSD) Trading StrategyEntry Point:
Optimal Entry: Aim to enter around $2.88 to $2.90. This is close to the current market price and above the pivot point, suggesting that the bullish momentum has support.
Aggressive Entry: If you're looking for an earlier entry and can tolerate more risk, consider entering at any slight pullback near the $2.80 level, which aligns with the pivot point providing additional support.
Take Profit Points:
First Target (T1): Set the first take profit level at $3.55, which aligns with the first resistance (R1). This level is a significant jump and likely to encounter some resistance.
Second Target (T2): If the momentum continues, aim for the second resistance level at $4.56 (R2). This target is more ambitious and depends on continued market bullishness.
Stop Loss:
Stop Loss Level: Set a stop loss at $2.50. This is below the pivot point and a recent low, providing a buffer against normal fluctuations while protecting against significant downturns.
Optimism BullishI am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
OPTIMISM Possible wave 3 for new ATHOPT looks very good in TA. Looks like its still very early for optimism and as ETH upgrades its going to depend on the Optimism technology as ZK is far to being complete and useful for ETH.
OPT should start gaining more bullish momentum once ETHEREUM starts getting more bullish than BTC and starts trending.
The next leg up will be driven by the layer 2 race and so far "Optimism" is the most likely to be used for now so I am expecting good things from OPT in the long term.
Optimistic for Bump and Run Reversal PatternTextbook bump and run reversal pattern for $OP.
It already Throwback to Trendline twice on the daily but can do it again. Will be a great time to load up. if it does.
Stop Loss: Break of Trend Line
Are you OPTIMISTIC? #OPEth gas fees are hotting
ARB and OP
are going to be pushed hard by scum VC's
Here is Bull run projection
Still meat on the bone.
OP Back to SupportAfter hitting the peak, I think the price will rebound to normalize, hitting the previous resistance, I expect some sort of sideways until redefining direction.
