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OPUSDT trade ideas

OP/USDT Possible Break Of Structure? Hey traders 👋 Let's kick off this day with OP coin on 4hr chart. We are looking at the chart where we see a nice triangle structure formed here but market price is being below EMAs does let us know about the bearish overweight. We are waiting for the price to go for another re-test of upper zone after what we want tot see a breakdown. BUT we need to be open-minded here are we might see a bullish outcome due to upcoming economic news. If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
by SwallowAcademy
2
Is Optimisim Ready For Another Run?Layer two block chain projects have recently enjoyed a major increase in value as real world business are looking to make use of the many benifits available through block chain ledger technology. As a layer two network optimism is primed to assist in actual real world use cases for crypto by providing the security offered by ethereum but allowing for extremely fast transactions. Currently Optimism seems to be reaching a point where time and price have reached balance signaling a pivot in price is imminent. Markets can go up, down or simply continue sideways. Given the bullish momentum and recent partnerships with layer two projects will it be enough to push this next cycle to the upside? Price is currently retesting the golden pocket fibbonacci retracement level on the local low. This is also comming in extremely close to the. 786 retracement for this entire top range. If price continues to maintain this bullish momentum and corresponding to these fibonacci price movements a significant move to the upside may be on the horizon. When trading crypto assets please bear in mind that these are extremely volitle assets and while they have the ability to increase in value by staggering amounts they equally can decrease in value just the same.
Long
by Degen-Dynasty
👀The Big picture $Op analysis general outlook👀.Weekly Chart! If you ever wonder where we are in terms of potential, take a good look at this weekly chart and understand we you are currently . I personally believe we going to see one large monthly candle in april based on the data provided. Expecting 60-130% april candle based on previous chart activities. Could be more or less but 100% gains is quite achievable for the month of april. I will update this chart as we move along!
by SpaceCatZ
Whether it can rise along the rising channel is the keyHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (OPUSDT chart) The HA-High indicator on the 1W chart formed at the 2.498 point. Therefore, if it fails to rise above 2.498, it may lead to further declines, so we need to think about countermeasures. However, since the MS-Signal indicator of the 1W chart is passing around 2.045, you need to check whether it is supported around the 2nd section of 1.828-2.045. The tertiary range, 0.919-1.129, is a strong support and resistance range. It is currently in a downtrend from the uptrend channel shown on the 1D chart. Therefore, I think it is becoming important whether it can rise above 2.498. -------------------------------------------------- ------------------------------------------- ** 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. ---------------------------------
by readCrypto
3
OP/USDT At The Support Zone (Might Break)Hey, guys ✌️ We are back with our TA's. Today we start with OP coin where we see a potential drop to happen due to lack of volume at that support zone. Waiting for a breakdown after what we want to see a re-test and potential entry zone for us! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowAcademy
16