Optimism: The Optimistic View
OPThe all-time chart of #OP suggests a completed major diagonal first wave, followed by a double combo correction.
The recent bottom is either the final low or a last drop is needed to end the correction since March 2024.
Passing $2.78 confirms the correction’s end and signals a new all-time high.
Breaking the all-time low at $0.39 invalidates this idea.
#Optimism
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.