OPUSDT 1W AnalysisOP ~ 1W Analysis
#OP Buy back gradually from here, this is the lowest support block for now with a short term target of at least 20%+ from here.
OPUSDC
OPUSDT 1D AnalysisOP ~ 1D Analysis
#OP Buy in stages from here with a short term target of at least 15%+ and a long term target of $2.7
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Optimism: Strategic Insight and Growth PotentialI gathered data from Coinbase in the Orderbook and marked significant limit orders placed before Optimism's price correction.
These are likely targets for Optimism's journey to the Moon ($12-$42).
May the force be with us.
OPUSDT S/R Flip TestingThe #OPUSDT pair has dropped to the S/R flip area. This zone should be closely monitored.
Take your risk, make some profit.
Optimism To The Moon🩸 NASDAQ:OP #Optimism (OP/USDT) (March 12, 2024) (#OP, #Spot)
In 2024, Optimism continues to play a significant role in the Ethereum ecosystem as a Layer 2 optimistic rollup solution, emphasizing scalability and efficiency. With a total funding amount of $178.5 million, Optimism has attracted the interest of notable investors and companies, underscoring its potential in the blockchain space.
Optimism's growth has been fueled by strategic partnerships and upgrades, enhancing the network's appeal to developers and users alike. This focus on network efficiency and expanded utility positions Optimism for potential growth amid a broader market adoption of Layer 2 solutions. Optimism has seen a notable rise in its ecosystem, making it an attractive option for investors looking for promising cryptocurrency projects in the run-up to a potential 2024 bull market.
Tokenomics-wise, Optimism boasts a market cap of over $1.2 billion, with a total supply of approximately 4.3 billion tokens and an inflation rate of 2%. The distribution of these tokens is strategically allocated across retroactive public goods funding, investors, core contributors, the ecosystem fund, and airdrops. This allocation strategy underlines Optimism's commitment to both its community and its technological infrastructure.
🕵️ Investors (Tier 1,2):
a16z (Andreessen Horowitz), IDEO CoLab Ventures, Paradigm
As the crypto landscape continues to evolve, Optimism's developments and its role within the Ethereum scaling solution space signify the dynamic nature of the market, offering promising avenues for both developers and investors.
🟢 Entry price: $4.38
🟢 Take Profit 1: $8.76 (50%)
🟢 Take Profit 2: $18.80 (10%)
🟢 Take Profit 3: $23.50 (10%)
🟢 Take Profit 4: $28.20 (10%)
🟢 Take Profit 5: $32.90 (10%)
🟢 Take Profit 6: $37.60 (10%)
Buying Optimism - Target 1.58Traders,
Optimism with the triangle breakout and retest is a solid entry rn. Additionally, there is some hidden bullish divergence occurring on the RSI!
Entry = 1.34
Target = 1.58
SL = 1.25
r/r = 3
Not fin advice. Just showing you all what I am currently playing.
Best,
Stew
OP potentially increase by 50%1D time frame
-
OP created a resistance structure before.
There is also the target to close long.
Target: 2
SL: 1.25
OPUSDT - Buy Setup!!OPUSDT (1D Chart) Technical analysis
OPUSDT (1D Chart) Currently trading at $2.56
Buy level: Above $2.55
Stop loss: Below $2.15
TP1: $2.9
TP2: $3.25
TP3: $ 4
TP4: $ 5
Max Leverage 2x
Always keep Stop loss
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OPUSDT - Buy Setup!!OPUSDT (4h Chart) Technical analysis
OPUSDT (4h Chart) Currently trading at $0.95
Buy level: Above $0.95
Stop loss: Below $0.88
TP1: $0.98
TP2: $1
TP3: $1.12
TP4: $1.2
Max Leverage 3x
Always keep Stop loss
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OPUSDT OP USDT
As for us op, we notice that we have a right shoulder, a head, and a left shoulder, so I see BINANCE:OPUSDT that all goals have been achieved.
Greetings
OPUSDT - Channel Breakout!OPUSDT (4h Chart) Technical analysis
OPUSDT (4h Chart) Currently trading at $1.26
Buy level: Above $1.25
Stop loss: Below $1.072
Target 1: $1.37
Target 2: $1.61
Target 3: $1.84
Target 4: $2.2
Max Leverage 3x
Always keep Stop loss
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OP ready to fly!!!After a very deep pullback and a bullish reversal, I expect a strong move up from here! (High-Quality Trade)
NFA
OP GOING TO CREATE NEW ALL TIME HIGH? or A DUMP?OP/USDT currently moving in a symmetrical triangle which is continuation pattern , most probably it will give a bullish breakout but still their are chances that it will give a breakdown and dump upto our next suuport which is at around 22% below from our lower trendline but if it gives a breakout than technically we can see a jump upto 26% which will make a new all time high.
