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Optimism

OP Price will go down entire 2022Only 10% of the total supply is unlocked and in circulation. The project is trying to push price up to sell them in high price before token unlocks happen in late May. There is a big unlock in May. The more token is released, the lower the price will go. Of course, the project owners will try to keep it high so they can make more profit. Optimism is Genesis related project. If you check the other projects in Optimism ecosystem, You will see that Genesis have the custody of tokens for many projects. They are programmed to be a scam project. But of course, be careful with your shorts, because the supply is so limited and its controlled by the manipulators. They can easily manipulate the price. If I see the price of OP 5$ in a night, I wouldn't be surprised. But the destiny is certain. OP price will eventually end up under 0.4$ this year..
Short
by kingoftradericy
2
$OP - Ranging inside the Symmetrical TriangleHello my Fellow TraderZ, #Optimism $OP is looking on the 4 HTF. Price has been ranging inside the Symmetrical Triangle for 2 months and I'm soon expecting a breakout. I'm kind a bias towards #Bulls only if wee breakout of the Upper TL. But still if you wish to trade then $0.96-1.15 would be a good trading range for quick gains. Buy zone (yellow circle) is around EMA 50 & 200 and perhaps wee would see bullish cross. Happy Trading. CHEERS!!!
Long
by TRADER-GOKU
2
Trading idea OPUSDT.P - 4H Ichimoku cloudWhen prices go up, look for shorts. Here we trade 4H Ichimoku zones. Orange zone is the first place to look for a short on OPUSDT perpetual contract. What should we be looking at in order to trade this idea? Simple, observe the reaction when prices hit the zone, use RSI divergence as confirmation. - 4H close above the zone? - Higher high on RSI(14) on the 4H chart? Then we don't trade this idea. This set-up takes out liquidity above the previous highs. We might expect prices to fully penetrate the zone. Entry 2 gives you the best risk. For our stop loss, we look for a resistance level above the zone. We identify a resistance level at 1.1450 USDT on the Ichimoku chart, indicated by the arrow (left hand side on chart). For targets, we look at the current zone. Prices might break below 1 USDT, but lower take profits are less probable. We only take the high probability trade here, from level to level. Set your alert on 1.115 USDT and trade the reaction of the zone. Happy trading!
Short
by FR_Ambrosius
2