IM AN OP BELIEBER , JUST 1 LAST DROP LOWERIm a buyer , lover of OP, new shiny things.
1. SELLER AT 1.9
2. BUYER AT 1 and lower.
GOODLUCK , SEE YA NOVEMBER PUMP
OPUSDT trade ideas
1.828-2.045 is the support and resistance rangehello?
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(OPUSDT chart)
Among the coins (tokens) that are expanding the coin ecosystem introduced previously, it is the only coin (token) that is showing an upward trend.
(1M chart)
Very little can be learned from the 1M charts as the charts have not yet been properly created.
However, you can see that the Heikin Ashi candle has turned into a bullish sign.
(1W chart)
It is a matter of being able to keep the price above the MS-Signal indicator.
If not, you should check if the price holds above 1.442.
The 1.442 point corresponds to the HA-Low indicator point, so if you bought around this area, the first selling section is around the HA-High indicator.
Therefore, the HA-High indicator is currently created at the 2.498 point, so there is a possibility of a rise up to around 2.498.
However, it is likely that a new HA-High indicator will be created as the real price rises.
If the HA-High indicator is newly created, the area around it corresponds to the first selling zone.
(1D chart)
I think there are three major sections of support and resistance.
1st: 2.498-2.932
2nd: 1.828-2.045
3rd: 0.919-1.129
Currently touching the 3rd section and ascending to the 2nd section.
Therefore, if you bought in the 3rd segment, the 2nd segment corresponds to the selling segment.
If not, it is possible to buy when support is confirmed in the 2nd section and sell in the 3rd section.
OP belongs to the category that is expanding the coin ecosystem, but corresponds to a coin (token) that has just been created.
Therefore, in order to trade over the medium term, it is necessary to increase the number of coins (tokens) corresponding to profit.
You need to be careful because buying at a blind and low price and waiting unconditionally for the price to rise can tire people out.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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OP: Channel DownTrade setup : Benefiting from the launch of Worldcoin (WLD) , which is based on Optimism protocol . Trends are mixed but improving as the price bounced from $0.90 and broke back above a couple of key levels ($1.20, $1.50). Overall, it’s trading in a Channel Down pattern and we’re waiting for a breakout, ideally above 200-day Moving Average (~$1.95) that would confirm a trend reversal to Uptrend, with potential upside to $2.80 thereafter.
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $1.20, then $0.90. The nearest Resistance Zone is $1.50, which it broke, then $1.80, and $2.80
OPUSDT - has a good foundation for growthHello everyone I really liked the schedule at OPUSDT. The price drew a double bottom and approached the level of 1.5 several times. As a result, it pressed the level for half a month and finally went beyond it and even gained a foothold higher. The coin has formed an excellent foundation to go to the next resistance level at 2. We are waiting for it at the goal..
Optimism OP price responds well to the work of the teamToday, let's take a look at the OPUSDT price chart
Given that the previous idea worked out well with a 30% increase, we can try to "guess" again)
By the way, in the previous idea, we described the main upgrade features implemented by the Optimism team.
Today, the next Optimism (OP) network upgrade will take place, the main task of which will be to reduce the average transaction inclusion delay from 2-4 seconds to 0-2 seconds.
Also, today we announced a "fresh indicator" U.S. CPI (YoY): 3.0% (forecast 3.1%, previous value 4.0%)
So all the fundamental conditions for growth are in place, now it's up to the market)
Let's assume that the next target for the OPUSDT price will be a breakout of $1.50 and continued growth to $1.75
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OPUSDTHello Trader,
As we can see in the chart we can open a short position here because Bitcoin is moving in the channel and we can clearly see that it got rejected from the upper resistance.
OPUSDTas we can see that OP is in rising channel after getting rejected from upper resistence it comes to the lower support , now we can expect a bounce back from here.
🚨 Trade Update: OP/USDT (5-10x)🚨 Trade Update: OP/USDT (5-10x)
📉 Short Entry: 1.645 - 1.74
OTE (Optimal Trade Entry): 1.685
SL: 1.81
B/E Move: When it moves close to TP2
TPs:
Short Term: 1.63 - 1.61 - 1.58 - 1.55 - 1.51 - 1.46
Mid Term: 1.41 - 1.35 - 1.27 - 1.20
**Disclaimer: Past profits do not guarantee future results.
Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis.
EDK FORUM TRADING®
OP at resistanceAs shown in the chart,
OP is current at resistance, looking at the weekly time frame.
on the CSTP tool, it indicates that the current bullish move is not sustainable yet as long as the candle colours are white. when the candle change to blue then i will be expecting the Green projection, else, we continue down work.
#tradesmartly
OPUSDT#OP Technical Analysis
Op breakouts from its side way trend and now it is trading at 1.67$
the First resistancce level it will meet is 1.73$ and im expecting it to break it
the second resistance is a strong resistance, op might take some correction from here, the resistance level is 1.87$
NASDAQ:OP have a trend line above this rsistance level, it will might make a wick to test this trend line.
OP may have completed it's current bullish cycle
OP's recent big bearish wick might have been the ending of the current bullish cycle of the coin. OP is moving by threes and it seems like it's finished WXY cycle. I've entered in a small short with the stop above recent high.
OP Buy TradeHere is My Study on OP.
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
long OPNASDAQ:OP broke through the resistance level. Bullish movement to $1.87 is expected to happen.
The next target $1.9Daily chart
BINANCE:OPUSDT retested and bounced from support.
Previous post:
Now, it's trading at 1.552
OP can reach to $1.9 if it's closed above $1.655
Wait for next move
OP Breaking major resistance ?If we do break this major area it's a clear shot to the 200day ma imo
Target 2.00$
OPUSDT In SidewaysOPUSDT is in Sideways , trade can be executed by breaking R2 and stoploss will be Below R1
OP going for shortThe sky blue line have a strong support because the previous high didnt break and form a lower highs and see the pivot line didnt broken thats a strong indication that bears controls the market
Spotlight on OPUSDT: Unveiling the Path to a 36% Price Increase💎 The overall #OPUSDT trend remains bearish, as the price continues to trade within a descending channel. However, there are some intriguing developments that warrant our attention.
💎 Currently, there are indications of a potential formation of a Bullish Flag pattern, which could lead to a significant price increase of 36% if it materializes. The target for this pattern aligns with the 38.2% Fibonacci retracement level and coincides with the top of the descending channel. This convergence of targets adds to the likelihood of an upside move in the future. 💎
💎 Adding further support to the probability of an upward movement, #OP has approached a significant zone characterized by previous supply and current demand. This zone often attracts buyers who are actively seeking opportunities. If the price manages to remain above the current support level, we anticipate a potential price increase ranging from 30% to 40% in the coming days.
💎 Despite these potential positive developments, the long-term bearish trend remains intact, and a breakout below the support level could reverse the scenario.
Stay vigilant, Paradisers, and make informed trading decisions! Your ParadiseTeam 🌴
