op filled new low In mu opinion op filled all the gaps or inefficiency and now trying to take the obivious liquidity down. they may clean all out before moving up.
OPUSDT trade ideas
OPUSDT 3D#OP is testing 0.236 Fibo level and fixed above MA50 on 3-days chart. In case of breakout targets will be $1.81 $2.09 $2.37 and $2.77
OP Updated Trading PlanOP is another crypto project we are currently watching for some larger moves to the upside.
Current Trading Plan:
Looking for a pull back to solid support or at least the midline of its current trading range.
OP in comparision to others we have looked at the in past few days is not presenting itself in as clean of a fashion making it a little harder to formulate a solid tight entry window.
As such watching the rest of the market as a whole coupled with bullish oscillator signals an entry may present its self in the 1.25-1.35 area.
Being the nearest resistance level is only 50% of the target we are seing on similar assets a second target area has been added one range higher.
Trade Well....
OPUSDT.Pmy entry on this trade idea is taken from a point of interest below an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. same idea Ive always been using.. just a trade idea, not financial advise
Keeping an eye on #OP/USDT Diagonal Trendline in 1-Hour TF!Keeping an eye on #OP/USDT Diagonal Trendline in 1-Hour TF!
NASDAQ:OP needs to hold the PDL $1.3545 support level to gain the bullish momentum.
Wait for Support breakdown to short it. The local support level is PWH $1.316.
OPUSDT.P perfomance in 2023 till OctoberLooking back at 2023. Although the cryptocurrency market is in a difficult process. But there has been some pretty good growth recently. This is the backtest result from the beginning of the year until now of OP perp. It can be automated.
OP 3d is bullish but keep in mind... OP is bullish but keep in mind that it has to remain above the point C in order to achieve point D
Unfortunately, SL is little far but comparing it to the goal then it will be excellent.
All the best insha Allah!
The key is whether it can rise beyond the box range of 1.231-1.4Hello?
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(OPUSDT chart)
The volume profile section is formed in the range 0.919-1.129.
Therefore, if the price is maintained above the 0.919-1.129 range, it is expected to continue its upward trend.
(1D chart)
It shows sideways movements in the range of 1.111-1.68.
Accordingly, the key is which direction to deviate from this section.
It is necessary to check whether the price can be maintained by rising above the 1.231-1.4 section, which is the currently formed box section, above the M-Signal indicator of the 1M chart and above the rising trend line.
If it falls below 1.310, there is a possibility that it may fall to around 1.111, so you need to think about a response plan.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Optimism OP Coin: Is It Going to Crash Again?Based on the on-chain data, and technical analysis of BINANCE:OPUSDT , there is a possibility that the price may crash further by 15% before we will experience any reversal at the historical support level.
What are your thoughts about this analysis? Let me know in the comment box.
If this analysis makes sense to you, follow me now and support my idea.
Cheers!
OP is caught in a falling patternBy examining the pattern of the OP symbol on the chart and examining the waves, we can understand that the OP is forming a large falling triangle.
Triangles have five waves, and now we are in the fourth wave, the D wave, which has become a diametric diamond.
This scenario is expected to follow.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
OP going to 0.80I'm short from 1.25.
My reasoning: Ultimate trend line broken + ponzinomics + ultimate inflation = short of the year.
Thank me later.
OPUSDT LONG I think after the small pullback that I predicted in the last idea, now OPUSDT will bounce back from the red Trendline and continue up to the Orange and maybe even pink Trendline
I'm opening the trade at 1.25
TP(100%):1.325( 150% profit - 25x lev.)
OPUSDT short I think OPUSDT will pull back and retest the red Trendline so I'm taking short position from 1.276
TP(100%): 1.2501 (50.7%profit)
SL above Orange Trendline
Potential reversal towards upwardPotential reversal towards upward.
SMC bottom reached. On 4H - MFI goes up, bulls go up, ADX above 27 and DI+ crossed DI-.
Entry: 1.2466-1.2755, Stop loss: 1.15
TP1 - 1.47 (75%), TP2 - 1.85 (25%), Expected average close: 1.567, RR - 3.60
Risk: Loss 0.6% of deposit
After reaching TP1, SL to 1.28
$OP Long ideaMy last 3 setups took a hit. This is normal.
After much of watching price We have rejected off the H1 ob+
We have D.0.L in H1 OB+
We have cleared all SSL.
$OP Short Idea ScalpWeekly bearish.
M15 We have two OBs
We are overall bearish.
We are at premium zones.
OPUSDTHey guys
What do you think about an upward trend up to the yellow range?
It seems that we can expect an increase and an upward trend from the price range of $1.1641
short OPNASDAQ:OP broke through the support level and the ascending trendline. Decline to support level at 1.05$ is expected to happen.
Buy OP at 0.80 if it hitsmassive falling wedge, bottom price will be around 80 cents if the bottom hits again (which i have to assume it will) .. be patient with buys unless it breaks out to the upside
$OP too early to be optimistic about itWe can easily see another 50% crash for here for NASDAQ:OP , before BTC decide its time for the bull market
OP - LONGOP long with HSL 1.2 can do spot and futures.
Support level holding, the chart is very clear, the risk to reward is good and odds are looking nice.
OPUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and higher
Target/ Reversal zone: 0.8 - 0.6
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
