Optimism OP price analysisCurrently, the price of #OP does not look very optimistic (a little pun to start with )))
🟢 An optimistic forecast would be for the price of OKX:OPUSDT to rise to $1.40
🟡 But it looks like this growth will not happen now, but after a correction.
🔴 Correction: only to $0.57 or again to $0.45 — t
OPUSDT Update
Symbol: OP/USDT
Timeframe: Daily
Chart Analysis:
The price is currently approaching a key resistance zone at around 0.673, as seen in the chart. A descending trendline from May to June has been acting as resistance. The price has recently made a strong move towards this resistance zone, showing a
OPUSDT Maintains Bearish MomentumOPUSDT continues its decline following the breakdown from a massive rising wedge. After a clean corrective pullback, price formed a bearish continuation structure, which has now broken into a descending channel guiding the current move.
The chart suggests further downside toward the projected drop
1d OP - Long setupToday I set up a low lev (2x) long with a 7:1 rr on BINANCE:OPUSDT
Reason being that it seems to have bottomed out. fairly close to the VAL and POC. both are at 50 cent and 55 cent respectively. I'd consider adding a little margin IF it comes close to that area. around 48/49 cents I'd consider m
OPUSDT Forming Falling ChannelOPUSDT is currently exhibiting a promising setup that could lead to a significant bullish move. The chart shows that the price has broken out of a well-defined falling channel pattern, which often signals the end of a correction phase and the beginning of a potential uptrend. With the breakout confi
OPUSDT 1D#OP is on the verge of breaking out above the descending resistance and the SMA50 on the daily chart. The setup looks promising — keep a close eye on it.
In case of a breakout, the targets are:
🎯 $0.647
🎯 $0.706
🎯 $0.764
🎯 $0.848
🎯 $0.954
⚠️ As always, use a tight stop-loss and apply proper risk m
Optimism Extreme BUY: Easy 1277% Profits Potential—Can Go HigherOptimism is now moving within a "extreme BUY" zone. This is a price zone that was active only once between June and July 2022, one month only and then OPUSDT went on a massive rally. Total growth amounting to more than 1,111% from bottom to top.
This zone has been activated again for a little over
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.