OPUSDTPERP
Optimism (OP) formed bullish BAT | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Optimism (OP) with US Dollar pair.
Previously we priceline of OP moved slightly down than PRZ level, however, then pumped well.
Now on a 2-hr time frame, OP has formed a bullish BAT pattern.
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
Optimism OP price aims for x10 growthIt seems that the price of OPUSDT is completing the formation of the corrective wave 2 and the longest wave 3 of growth may be ahead of us.
Yesterday's trading day closed with a beautiful pin bar or hammer, which often serves as a signal for a trend reversal. Also, the shadow of the pin bar tested the strength of the liquidity zone $0.6-0.7, which previously acted as resistance and did not allow the OPUSD price to rise.
Such data allows you to try a medium-term trade on the following conditions:
Entry of the position at $0.71-0.73
Stop below $0.647 (-10.5%)
Take profit $1.534 (+112%)
Profit/loss ratio 11/1
Of course, you can fix take profit at each of the levels shown on the chart: $0.93 $1.15 $1.33
If we look at the Optimism token price chart globally, we can assume that the top of the 3rd wave of growth will be around $6.5-7.5, which is x10 growth from the current price
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OPUSDT: Buy timeHello traders!
Welcome back another episode with Analyst Aadil1000x.
Today we are going to buy OPusdt because of a strong bullish pattern. This bullish pattern can push at least 5%.
Buy OPusdt now, its at 0.8433
Stoploss 0.8198(-2.72%)
Target 1, 0.8681(+3.1%)
Final Target 0.9016(+7%)
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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VERY RISKY TRADE IDEA SINCE BTC IS PUMPING. SHORT ON OPUSDTPERPBearish Wolfe waves - nothing much to explain! Very risky trade, and I am only risking some profits on it.
Targets in green (stick to your own stop loss / leverage).
Thought we could make use of $BTC's imbalance through impulse and the overbought RSI on the 15m timeframe diving below its RSI's MA for some quick gains.
Use proper risk management and position sizing please.