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OP

OP is bullishThe main structure and substructure are bullish and an important ceiling has just been broken By maintaining demand, we expect to move to supply. Closing a daily candle below the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Long
by iMoneyTeam
OP/USDT In an Unchartered Territory | 👀🚀What's Next for Op?💎Paradisers, let's take a closer look at #OPUSDT, showcasing vibrant market movements within an ascending channel framework. 💎At this moment, #Optimism is advancing towards the ascending resistance, starting from the demand zone. This scenario sets the stage for a potential price rebound from this area, aiming for an upward journey with the bearish Order Block (OB) as its forthcoming destination. 💎However, should NASDAQ:OP not manage to rebound and instead descends below the demand zone, it might see a fallback to the Bullish OB vicinity around the $3.13 mark, where it would seek rejuvenated drive for an ascent. 💎The Bullish OB zone has historically been a pivotal area for triggering significant market recoveries upon interaction. Yet, a compromise of this zone, indicating a shift towards bearish trends, may lead to a continuation of bullish momentum from a lower standpoint. 💎In case #OP doesn't leverage the momentum from this or any subsequent level, a persistent decline might ensue. Rest assured, Paradisers, your ParadiseTeam is vigilantly monitoring these shifts, ready to navigate you through these intricate market dynamics.
Long
by MyCryptoParadise_Simon
2
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. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
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. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
by GreenCryptoTrades
Optimism - Ethereum Rollups Solution breaks ascending triangle Optimism- CRYPTOCAP:OP This is a potential long term asymmetrical trade with 640% potential and a -20% loss potential. ⌛️ Potential Ascending Triangle Breakout ✅ OBV Volume breakout and retest ✅ An increasing volume profile (peaks and valleys) ✅ DSS Bressert Cross The entry and stop loss is noted on the chart. The 4.236 fib ext level aligns with the ascending triangle target (purple arrow). This would be the most optimistic scenario and prior to reaching this we would have taken profits along the way. I think there is a possibility of a retest lower as set out with the fractal candles, the recent low of $2.63 needs to hold in my view hence why this is also my stop. If re captured we could re enter the trade so no great loss either way. I have an open small allocation and will add in the event of pull back What Is Optimism (OP)? 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 (think lightening network but for Ethereum). Happy trading PUKA
COINBASE:OPUSDLong
by PukaCharts
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 ----------------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️
Long
by alikze
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.
by MyCryptoParadise_Nathan
OP-Ready for Higher🌟 Bitcoin's Breakout Surge: Professor's Big Charts Revealed 🌟 📈 Live Analysis Incoming! Prepare for an in-depth journey through Bitcoin's latest surge as we go live on TradingView. Get ready for a session packed with insights and the unveiling of the Professor's big chart. Join us: Live Stream: www.tradingview.com 🚀 The Breakout Chart Breakdown Witness the bullish momentum as Bitcoin smashes past the $47,650 barrier. With my analysis, we're looking at a bull run targeting $59.9K, 69K , and the ambitious $79K. 🎯 Stay bullish and watch as the charts unfold the story live! 💹 Historic Patterns: A Roadmap to $79K Reflect on the last breakout at $31,100 and its staggering rise to $46,000. Our charts have been the compass leading us to these profitable winds. Don't miss out as we dissect the potential climb to $79K, live! 🔍 Last Year's Chart: The Trendline Triumph Cast your minds back to January 2023, when Bitcoin was a humble $18,000. Fast forward, and we're witnessing a breakout reminiscent of December 2020's rally from $7,500 to $24,000. Could we be on the cusp of reaching new all-time highs? Let's explore together. ⏱️ Halving Cycles: This Time It's Different Every cycle writes its own story, and this one's no exception. We're approaching the halving with a market more aware and ready to advance. Tune in as we analyze why we might see an all-time high sooner than the previous cycles. 🌐 Join the Live Stream for the Full Picture There's much more to cover, from halving cycles to breakout patterns. Ensure you're part of the live session for a comprehensive analysis that could redefine your trading strategy. Catch the full live session and secure your front-row seat to Bitcoin's exciting journey: Join the Live Stream: www.tradingview.com One Love, The FXPROFESSOR 💙
BINANCE:OPUSDLong
by FX_Professor
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!
Long
by Xanrox
6
OPUSDT.1DBased on the provided market data, the OP cryptocurrency is currently priced at 3.23 USDT. The Relative Strength Index (RSI) for 4 hours, 1 day and 7 days are 67.67, 53.33, and 63.93 respectively. The RSI values indicate that the currency is neither oversold nor overbought, but the 4-hour RSI is on the higher side which indicates a bullish trend. The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 0.057, -0.048 and 0.450 respectively. The positive MACD for 4 hours and 7 days suggests bullish momentum, while the negative MACD for 1 day indicates a bearish trend. The Bollinger Bands (Bb) for 4 hours, 1 day, and 7 days are 3.288, 3.272, and 4.012 respectively. The price is currently below the upper band for all the three periods suggesting a potential pullback or a period of lower volatility. The support levels for 4 hours, 1 day, and 7 days are 3.072, 2.841, and 2.33 respectively, while the resistance levels are 3.396, 3.611, and 4.288 respectively. The price is currently closer to the resistance levels, indicating a possible upward trend if it breaks the resistance. In conclusion, the technical analysis indicates a mixed trend with bullish tendencies in the short term (4 hours) and long term (7 days), but a bearish trend in the intermediate term (1 day). As an investor, it's crucial to keep an eye on these changing trends and adjust your strategy accordingly. Lastly, remember that investing in cryptocurrencies always come with risks, so it's important to only invest what you can afford to lose.
by MarsSignals
Key Resistance Zone AheadThe OP's trend on the weekly timeframe is bullish, marked by forming higher lows and highs. It has created an ascending channel, predicting price fluctuations within it and continued growth. A bullish pattern at the channel's bottom targets the channel's top. However, a significant resistance zone (orange zone) must be overcome. Although the price has failed to stabilize above this zone and is correcting, the expectation is that emerging bullish patterns will resume the upward trend, leading the price to the channel's top.
by MonoCoinSignal