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OPUSDT trade ideas

Brief Analysis ——OPAfter the FUD of SEC, as representatives of Optimistic-Rollup, OP and ARB rebounded stronger than many other tokens. In the second half of the year, ETH will usher in an important upgrade, Dencun, which will reduce the transaction fee of L2, which is beneficial to OP and ARB. And it is likely that other L2-tokens will appear in the second half of the year, making Layer 2 a new focus. Today we bring the brief analysis of OP, ARB and GMX. After investors unlocked OP tokens, the selling pressure increased, making it difficult for the price to go up. But on the other hand, the joint launch of BASE with Coinbase will also boost the OP ecosystem. After the FUD of SEC, OP first rose and then slowly fell. Price pimped again last Thursday, approaching the highs in late June. Although it is neutral at a large level, every time the price is close to or below 1.2, the bulls strengthened. You can find it from the length of the green candles and the significantly high trading volume. In the near term, the price did not break out the previous high and the green candle has an upward pin-bar on Friday. It's very long. Bulls decayed. But the bears haven’t increased, with a downward pin-bar on the candle on Sunday. Conclusion: The high probability rise has not ended. According to huge volume and disappearing shorts, we make this conclusion. The bulls will maintain the price at this position, waiting for the launch of the next attack. We set resistance level at 1.65 and support level at 1.18. If you have any ideas, welcome to communicate with us:) Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Long
by Sypool
Optimist coin trading idea.Optimist coin trading idea. The asset looks good. Took +15% from it today. Let's repeat the setup. The most important thing is that Bitcoin does not ruin the mini alt season) 1.35$ -1.37$ I will take a second long position. This is the mirror level - provided we trade on it. But I think there will be no failure. Today is good news and #Bitcoin looks bullish. My analysis and the Smart Money strategy points to buy the asset. I wish you, my dear colleagues, a good week.
Long
by DigitalCapital_
1
OPUSDT UpdateBINANCE:OPUSDT current situation is as follows: OP is currently in a neutral position. In my previous post, I correctly predicted a 40% growth and a 20% price drop for this currency. However, the price is now caught between strong support and resistance, and I don't want to take any trades in between. But where and when should we enter a short or long position? I'm waiting for one of these two scenarios to occur. Either the resistance line breaks with strength and the daily candle closes above the resistance level with a significant gap, and then I wait for a retest, or the same conditions occur for the support line. Apart from these two scenarios, I have no intention of entering a position because I don't want to get stuck in this range, and I want to catch the larger waves. ⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help." Don't forget to like and comment
by Madoir
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
by MoonTradingForecast
1
OPUSDT interesting point to make at least 10%OPUSDT interesting point to make at least 10% the 1.1988 level is so important if we break down we will target 1.0989, and the break downside breaks the ladder that happened after bouncing from the weekly support level (0.9230) and if we hold this 1.1988 level that we are at right now there will be a bullish volume that targets 1.3544 daily level at least so right now the chance of holding the move upside is the most likely scenario.
Long
by navold666
1
OPUSDT Long idea"After a 70% drop, the price has entered an important area. It is an area with high liquidity, which is important both psychologically and technically. It is also the $1 region, which is also the 0.786 Fibonacci support level. The importance of this area can be understood from the duration of past price interactions and the number of touches it has experienced. The 0.786 Fibonacci support level can be considered one of the most significant support points for reversing the market trend, according to many analysts. However, the loss of this support can lead to further price decline. But don't forget that we also have a static resistance line and a trend resistance line, both placed at $1.20. Personally, I want to enter a long position at the green box because I know that if this move begins, we will have a major pump ahead." ⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
Long
by Madoir
7