#OP/USDT is heading toward the Diagonal Trendline in 4-Hour TF!#OP/USDT is heading toward the Diagonal Trendline in 4-Hour TF! Wait for BO/retest to long $OP. The local resistance level PML of $2.27 needs to be reclaimed as a support level to turn bullish.Longby TraderAAGPublished 4
OP - Update before CPIThis is an update to our previous post: Op still holding our orange trendline. We can also see OP's RSI on the 3D is at a historic bounce zone. Therefore, watch for momentum to increase back to the upside to confirm a bottom or a breakdown below that level. by VIAQUANTPublished 2
Long signal for OP/USDTThis technical analysis is based on the daily chart of BINANCE:OPUSDT on the Binance exchange. In this analysis, a price channel is drawn, and support and resistance levels are evaluated. Price Channel Analysis: The price is currently within a price channel ranging from 2.250 to 3.546 USDT. The suggested entry point is around 2.576 USDT. Entry and Exit Points: Entry: 2.576 USDT Take Profit: 3.546 USDT Stop Loss: 2.250 USDT Conclusion: This analysis suggests that by adhering to the specified take profit and stop loss levels, a successful trade can be achieved. The Reward/Risk Ratio for this trade is approximately 2.99, indicating a highly favorable risk-to-reward scenario. To manage risk effectively, it is recommended to strictly follow the stop loss level.Longby QuantCTUpdated 6
OP - Maintaining TrendEven with the recent liquidation hunt OP is still showing solid accumulation/support upon our orange trendline. Once OP is able to reclaim the 50 level on the 3D RSI we should see another momentum move to the upside.by VIAQUANTPublished 1
OP looks bullishFor the OP, it looks like we have a large diametric. It seems that we are now in the F wave of this diametric. By maintaining the green range, it can move towards the targets. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank Youby behdarkPublished 16
OPUSDTmy 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.. just a trade idea, not financial advise Longby Rising33BUpdated 1
OPUSDTmy 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.. just a trade idea, not financial adviseLongby Rising33BUpdated 1
OPUSDT IDEAOP making support on its trend line, 22% - 22.50% gain possibility ahead. Keep an eye on it!Longby mbaberhanifPublished 9
[OPUSDT] - LONG TERM TARGETS!This is weekly chart i think op is inside an ascending channel and the price action would be as shown in the chart long ime accumulation would be make a massive breakout ... our market top target is 40$ buy zone is in between: 2.5 -2 best regards Ceciliones🎯Longby cecilionesPublished 3318
OP Correction AnalysisThe correction went beyond gray support, which is now serving as resistance. This resistance, along with the green ascending trendline that was broken, are now holding price. My primary count considers black C has already finished, and we're in a new upside. The secondary count (based on the lack of RSI divergence) considers one more leg down is due. A break of the purple line would indicate bulls are back in control.by Stoic-TraderPublished 110
Optimism (OP) completed a setup for upto 21% pumpHi dear friends, hope you are well and welcome to the new trade setup of Optimism (OP). Previously we caught 15% pump of OP as below: Now on a 4-hr time frame, OP has formed a bullish Gartley move for next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.Longby moon333Published 4
OP LongAfter a long wait, I am currently waiting for this pair to give me my confirmation for a long position. Price already in my area of value, just waiting for the market to tell me to get in on a Buy. Buy bias for the coming Months. Hello Friends! - --------------- **First Scenario - Long:** Initial Target: $3.3 Entry: $2.4 Stoploss: 2.2 **Second Scenario - Short:** It's already tested at $3 in price. Less probability of going down, but if you're shorting, double-check your stop loss. In a general bear market, prices can drop to $1.8 or $1.6 if they go below $2.2 level. - --------------- Take into consideration: Holders have been rising since the start of the year. Psychological Resistance at $4 Psychological Support at $1.8 - --------------- NFA DYOR Good Luck! ⚠️Caution: Just because I've set my buy and sell position Settings or drawn direction lines on my chart doesn't indicate I've opened a position or am obsessed with a particular bias. This is only a forecast; I don't trade when the price reaches my level; I have rules of engagement. Perhaps the most crucial element is 🆘RISK MANAGEMENT🆘.Longby irfanp056Updated 112
OPUSDTP trade set upOPUSDTP trade set up, view chart for entry SL & TP levels.Longby kimsoutwalkingPublished 114
OP/USDT upward momentum descending resistance breakout?👀🚀💎 Paradisers! Keep your eyes on #OPUSDT as it's showing promising signs of a bullish continuation from the demand zone. 💎 After careful observation of the price action, we’ve noted that $Optimism is on the verge of breaking through descending resistance. If it successfully breaches this resistance and maintains momentum above the EMA 100, there’s a high likelihood that the price will make a strong bullish move upward. 💎 It’s also important to consider the alternative scenario: if NASDAQ:OP fails to break the descending resistance and begins to drop, we might anticipate a bullish rebound from a lower key support zone. However, breaking below this could invalidate the bullish setup and lead to further declines in price. MyCryptoParadise iFeel the success🌴 Longby MyCryptoParadisePublished 4
OP - Daily Shortterm Trend & Support/Resistence Signal | 20 MayOP now completed a correction and are ready to return to gain higher. The new opportunity at the current price 🟢 Trend: Bullish 🚀 🟢 Support: $ 1.7 🟢 Target: $ 7 ------ Current: $ 2.4by MarketIndexTraderPublished 4
OP short - swing trade (update) Here is a quick update on the OP short swing trade. Entry 2.5423 TP 2.2340 SL 2.668 Taken most of my profits at 2.2750 and taken out in profits. Good enough of a move for me and content with what the market gave me. Not always necessary to hold positions...taking PROFIT and RISK MANAGEMENT are key. Will keep an eye on how we trade from here in correlation with BTC. As always keep referring to the overall MARKET and BTC as it remains the main directional bias for the crypto market. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. Shortby Patrick2707Published 0
OptimismSales on bluechips don't get much better than this, incredible strength shown at the market lows and why not for the best eth l2 out there.. Still trading at its 2023 opening price somehow Super bullish on this one 10$ mid bull market imoLongby olliecoughlandPublished 0
OptimismSales on bluechips don't get much better than this, incredible strength shown at the market lows and why not for the best eth l2 out there.. Still trading at its 2023 opening price somehow Super bullish on this one 10$ mid bull market imoLongby olliecoughlandPublished 0
Potential Long Setup on OPWe've identified a promising long setup on OP with several strong confluences: 1. **Sweep of MDay-Low Range**: The price has swept the MDay-Low range, moving right into the Fair Value Gap (FVG) and Demand zone. 2. **Bullish Market Structure**: The market remains bullish as long as the demand holds. 3. **Range Low Within Demand**: The range low is situated inside the demand zone. 4. **Multiple FVGs Above**: Various FVGs on different time frames are positioned between $2.83 and $2.97. We anticipate these levels will be taken out in the future, though the timing is uncertain. Additionally, we have lost the trendline and retested it perfectly, which should provide sufficient momentum to the downside, allowing us to get filled here. We have set the stop loss a bit wider than usual to account for a potential dip below the demand zone to capture the resting liquidity there. All these factors combined provide enough momentum and security to validate this setup as a high-probability trade.Longby stromm_by_wmcUpdated 113
OP short - swing trade overview Here is an overview of the OP short trade I am currently in and shared a little moment ago. You can see how the HTF (weekly in this case) aligns with the LTF (daily and lower). You also get a clearer look at the daily OB (red line) Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. Shortby Patrick2707Published 220
OP short - swing trade Been short on OP for some time for a swing trade. Entry 2.5423 TP 2.2340 SL 2.668 Looking to see IF we continue lower from this point on. Taken some off as we are around a daily OB (red line) and will let some ride. Stops moved to breakeven and will keep an occasional eye on how we go from here. As you can see the weekly FVG (yellow box) gave a lot of opportunities for some nice short entries. Taken the trade in correlation with BTC currently not doing much and trading around the lows of its current range. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. Shortby Patrick2707Published 0
OP PriceThe Optimism (OP) crypto has formed a rising parallel channel and reverted the gains from the bottom mark of $2. Longby TheCoinRepublicPublished 112
#OP/USDT#OP The price is moving in an uptrend on a 1-hour frame and sticking to it well After rebounding from a significant decline, the downside gap is expected to be filled We have a higher stability moving average of 100 We have an uptrend on the RSI indicator that the price depends on Entry price is 2.15 The first goal is 2.35 Second goal 2.53 The third goal is 2.75Longby CryptoAnalystSignalUpdated 1