OPUSDT.P trade ideas
OP after breaking above the range bound will continue to go upOP after breaking above the range bound will continue to go up
🔵Entry Zone 3.710 - 3.855
🔴SL 03.409
🟢TP1 4.168
🟢TP2 5.904
🟢TP3 6.515
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OPUSDTHi guys
Our support areas have been well maintained so far. But note that our resistance areas are also reserved.
It seems that we can enter into an attractive selling deal relative to the $4.033 range, provided that the $4.285 resistance zone is maintained.
What do you think?
Optimism $3.80 ➥ First target $10-$12Optimism $3.80 ➥ First target $10-$12
Entry price: $3.80
Stop Loss: $3.7065
First target $10-$12
OP Daily Chart AnalysisOP Daily Chart Analysis
Idea is clear in chart fundamentally major unlock of this token also
dump dump dump boost
OP - Breakout waiting to happenBINANCE:OPUSDT (1DH CHART) Technical Analysis Update
OP is currently trading at $3.777 and showing overall bullish sentiment and waiting to breakout from the resistance zone.
Breakout from the resistance zone will definitely fuel to bull run of the OP. OP is also one of the fundamentally strong coin so we cannot go wrong with the LONG entry for this coin while we wait for bull run continue.
Entry level: $ 4.292 (candle close above this)
Stop loss level: $ 3.697
Target 1: $ 4.597
Target 2: $ 5.061
Target 3: $ 5.571
Target 4: $ 6.610
Target 5: 6.792
Max Leverage: 2x
Don't forget to keep stop loss.
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GreenCrypto
Rejection or Breakout for OP/USDT ? BINANCE:OPUSDT (4H CHART) Technical Analysis Update
OP is currently trading at $ and currently price is at the resistance line
We can expect price to either breakout from the resistance or get rejected from the resistance. We will enter trade based on whether price will get rejected or not.
LONG Trade Details (only after confirmed Breakout)
Entry level: $ 4.023
Stop loss level: $ 3.818
Target 1: $ 4.122
Target 2: $ 4.217
Target 3: $ 4.429
SHORT Trade Details (only after confirmed Rejection
Entry level: $ 3.818
Stop loss level: $ 3.978
Target 1: $3.723
Target 2: $3.623
Target 3: $3.458
Max Leverage: 5x
Stay tuned for updates on breakout or rejection.
Don't forget to keep stop loss.
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Cheers
GreenCrypto
$opusdt ready for 2Xhello guys
if it gives our entry price, most probably will go for 2X
entry and Tp prices on the chart. dont miss it.
OPTIMISMIf you found this analysis helpful or support my work, consider making a donation via Binance Pay: 57841095
Thank you for your support! 🙏💰
Optimism Daily TF Elliot WaveIt looks like OP is on its way to Wave 5 of Wave 1 of Wave 3.
It would be a good opportunity to trade this and exit at Wave 5 then wait till the cycle ends before longing again (Wave 2 of Wave 3).
opusdt 1D (It is still moving on the trend line)Hello friends, I hope you are doing well, you can see the OP chart in the daily time frame. If the support zone is maintained, it can grow well in the medium term
Opusdt trading opportunityThe OPUSDT trading pair is currently navigating within an ascending channel formation, indicative of a bullish scenario.
We have identified and established a proximal buy back zone, which is anticipated to be advantageous for initiating long positions. It is our assessment that this level will maintain its relevance over the short to medium term.
Additionally, we have delineated a price objective for the final setup. We invite you to share your perspectives on this chart and kindly remind you to express your support by liking our analysis.
Thank you.
$OP #Optimism Trading IdeaOP Optimism formed a potential double-top pattern after a second rejection at the same level as the previous one. Breaking down through this neckline can indicate a potential movement to the downside. Also, the volume is decreasing.
#TOBTC #LQR #OP these important support are painted on chart
in next correction Wave you may have a plan for those spot
DYOR !
Alikze → #OP | Pullback to broken resistance In time h1, after the failure of the resistance, which has now turned into support, and in dealing with the dynamic trigger, which has had a positive reaction several times and caused the price to grow. Now it is approaching the dynamic trigger as well as the support area. Therefore, if the current area encounters a reversal candle, it will have the ability to grow to the next supply and resistance area.
In addition, if the range of the green box is broken, at least correction up to 3.50 can be imagined.
If the behavior and structure of the currency changes, the post will be updated.
🟩Sup: 3.70
⛳️Tp 3.90
⛳️ Tp2 :3.95
⛳️ Tp3 : 4.10
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OP/USDT Keep an eye on the Bullish OB! Price will bounce and UP.💎 OP has recently demonstrated notable market dynamics. After a perfect bounce from the demand area, the price faced rejection in the vicinity of an all-time high.
💎 Currently, the price is positioned to move downward towards the Bullish Order Block (OB) area for retesting, potentially creating new momentum for an upward movement.
💎 If OP successfully bounces from the Bullish OB area, the price can resume its upward trajectory and break the current pattern, Probability facilitating an easy movement toward our target area.
💎 However, if OP fails to bounce upon retesting the Bullish OB area and breaks below it, it could signify a bearish development. This scenario would lead to continued downward movement, with the next significant support level being the demand area.
💎 The demand area holds crucial significance, as it has historically acted as a pivotal zone for price reversals. If OP fails to bounce from this area, it would confirm a shift back to bearish sentiment, potentially resulting in further downward movement.
OP usdfailed to breakout and now the trend is reversing current market situation is not optimal for shorting alts but the lil bit of cool down is expected , OP could revisit monday open before the breakout
BullishA great scalp position, given that we are in a strong uptrend and corrective wave analysis we can expect to return to the green zone.
OP- 🌈 Buying this Dip with Optimism (and incentives!)🚀Amidst today's Crypto dip, I'm diversifying my portfolio with a strategic move into Optimism (OP). Here's the lowdown:
📈 Volume Surge: Optimism's recent token incentives led to a jaw-dropping 23-fold surge in trading volume. That's not just noise; it's a liquidity bonanza.
🌿 Sustainable Growth: Optimism isn't just another flash in the pan. They're in it for the long haul, funding public goods and focusing on ecosystem longevity.
🛠️ Technical Robustness: As a robust Ethereum L2 solution, Optimism offers scalability and cost-efficiency, perfectly aligning with Ethereum's long-term vision.
🎯 Why Now?: Given these strong fundamentals, Optimism is a compelling investment, especially when the market's down. It's not just about quick gains; it's about backing a protocol with a solid future.
🔮 Future Outlook: If you recall how well MATIC performed for us a few months back, Optimism has similar potential.
🚀 Ethereum Synergy: Don't overlook the impact of Ethereum's upcoming Merge EIP-4844. It could be the rocket fuel that sends OP to $4.44. EIP-4844 Analysis:
📈Chart:
Massive Channel, on support= LONG with SL just below it 💙😎 LFG!
My Targets are 2.4 and 3.5$.
One Love,
The FXPROFESSOR 💙
#Optimism #InvestmentStrategy #CryptoMarket 💎
#OPUSDT 1DBINANCE:OPUSDT 1D
#OP(OPTIMISM) is currently trading at 3.731 and undergoing corrective moves on the daily timeframe.
Nothing new for #OP! The price range of $3.570 to $3.972 has always acted as a strong zone of RESISTANCE for #OPUSDT.
Since December 2023 the price has tried multiple times to break above $4 so far has failed to do so.
However, things might shape POSITIVELY for #OP as we can see multiple M.A. supporting the price, and we must not forget about the TOKEN unlock that's supposed to happen by FEBRUARY end which can also acts as a double edged sword.
SO SHORT TERM BEARISH! LONG TERM BULLISH!
But Things might also change depending on the overall market movement!
DYOR (DO YOUR OWN RESEARCH)
Hit 🔥 if you guys want more pairs analysis.
#OPUSDT #crypto #marketpdates #thesoumyoroyanalysis
OP is one of the strongest coin, new all time high, buy now?OP looks absolutely strong. It hit a new all-time high recently, and the continuation of the rally is highly likely. The previous ATH from 2023 has been broken by the bulls, and now we are in the phase of price discovery. 500% profit is likely, but you can aim for more if you want. My profit target is the 1.618 FIB extension, which is always a strong resistance, especially in the crypto market. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Optimism (OP) is a layer-two blockchain on top of Ethereum. Optimism benefits from the security of the Ethereum mainnet and helps scale the Ethereum ecosystem by using optimistic rollups. That means transactions are trustlessly recorded on Optimism but ultimately secured on Ethereum.
Optimism is one of the biggest scaling solutions for Ethereum with over $500 million in TVL. It is home to 97 protocols, the biggest being Synthetix (SNX), a derivatives exchange, Uniswap (UNI), a DEX, and Velodrome (VELO), an AMM. Users can begin their journey on Optimism by adding the chain on their Metamask and bridging tokens like ETH to the L2. On May 31, 2022, Optimism conducted a highly anticipated airdrop of its OP token. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
OPUSDT ShortPrice went down showing a broken structure on a momentum candle. Wait for a confirmation candle on the retest zone before taking a short on OP.
