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Optimism

1st LEG UP - Let's Ride the 2nd One on OP/USDTAfter more than 2 Successful Short Positions on an ABC Pattern on OP/USDT Chart, Now The Price, has broken the 0-B Trend Line strongly and reached the 1st target of its movement. Now we should wait for a correction wave, it could easily touch our Fibonacci Levels and after that, another Leg to about 1.5 $ which can make about 45% to 60% Gain without Leverage. So in this condition, we offer to trade in the SPOT position or if you want to trade futures only with 2-3X Lev.! because we still think is a medium-range Correction for a Bigger Short Chance. So Don't Make yourself an easy food for whales. Keep Calm & Comment Your Idea Below
Long
by SasanSeifi
6
OP BUY SETUP - Bull Wave Is Coming!!OP's price just touched and bounced off from yellow support zone. Although there are many resistance areas on the top, but in the medium term, I am quite bullish with OP. Optimism’s main utility is to batch transactions on the Optimism network. Optimism allows users to enjoy lower gas fees on their transactions executed on the Optimism network through optimistic rollup technology. The project consists of the following major components working in conjunction: - Optimistic rollup: Optimism relies on the security of the Ethereum blockchain to process blocks that are created on the L2. - Ethereum Layer 2 scaling solution: Optimism is a Layer 2 scaling solution built on Ethereum which is EVM equivalent and has its own ecosystem of applications Entry: 0.70 ~ 0.71 I will use trailing stop-loss if price reached first target (R:R=1) ________________________ If this is your first time coming to my idea, thank you very much for taking the time to pay attention to it. My opinions are all subjective and personal. It might be right, or wrong, but there is one thing I can guarantee you will never go wrong - always set the SL for each entry before setting the TP for it. Don't forget to Follow, and comment your thoughts below, or simply a Boost button if you found it helpful. That encourages me a lot to share my ideas!
Long
by BuyDinhSellDay
Op Clear Chart !!!op is broken previous support and turned it to Resistance also it's in a downtrend channel, i believe we are going to test 0.65 support and the best buy zone will be around 0.40- 0.44 , actually, its chart is so new and you should be careful in a chart like this, and as we know optimism gave airdrop to its user and most of them are selling even now, -do not buy for long term my opinion: maybe I buy in the final demand zone, but as I know never trust new charts like op, it has airdrop, and most people when getting free money will save.
Short
by Lamassu_Trade
Optimism OP price aims for x10 growthIt seems that the price of OPUSDT is completing the formation of the corrective wave 2 and the longest wave 3 of growth may be ahead of us. Yesterday's trading day closed with a beautiful pin bar or hammer, which often serves as a signal for a trend reversal. Also, the shadow of the pin bar tested the strength of the liquidity zone $0.6-0.7, which previously acted as resistance and did not allow the OPUSD price to rise. Such data allows you to try a medium-term trade on the following conditions: Entry of the position at $0.71-0.73 Stop below $0.647 (-10.5%) Take profit $1.534 (+112%) Profit/loss ratio 11/1 Of course, you can fix take profit at each of the levels shown on the chart: $0.93 $1.15 $1.33 If we look at the Optimism token price chart globally, we can assume that the top of the 3rd wave of growth will be around $6.5-7.5, which is x10 growth from the current price _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
21
Can $OP break above $1 in Q4 2022Optimism is expected to make a good rally after the massive dump these past weeks and months. Reasons as to why I am expecting the price to rally past $1 within 2022: There is a Fair Value Gap below current price that is being targeted around $0.63 (this is my personal entry price). Once price becomes fair value, the algorithm will target buy side liquidity as well as the Liquidity void that is around $1.05. Historically, Q4 has been great for the overall market which increases the probability of the rally occurring before the end of 2022. With this said, Happy Trading Fundamental Analysis on Optimism: medium.com
OLong
by Evaliste
OP/USDT (5-Wave Bullish Scenario)Hi Traders & Holders, The analysis carried out is on OP/USDT. I am bullish on OP. Firstly it is a relatively new coin and has performed very nicely recently due to the Ethereum merge event. Other coins e.g. UNI, ETC, MATIC, LDO were pumped because of the event that was to happen. Now that the merge has been completed and the market has decided to dump price of mentioned coins as well as Ethereum. In trading world people buy at rumour and sell at news. It was certain for a selling pressure to occur. Optimism (OP) is a Layer-2 scalable solution for Ethereum and has its own blockchain. The project is fundamentally solid. According to the analysis I performed there are some key things of interest: 1) Wave 1 has been completed marking OP all-time high price of $2.243 2) Wave 2 is yet to be completed I speculate at $0.772 price. The 0.618 FIB level was broken down and next which is 0.786 FIB level acts a major support. 3) Wave 3 will come and brace for it. It is the largest wave out of 5 waves. Many traders enter in at wave 3 as it gives exponential gains. I speculate the price would easily surpass all-time high and reach to $3.767. It is 1.618 FIB level using Trend-based fib tool. 4) Wave 4 will be steady and will take long just as much as Wave 2 is taking now. I speculate the price for wave 4 will find support at $1.90. That will be atleast at 49.24% drop from high of previous wave. It should consolidate between the range of $1.90-$2.10 5) Wave 5 which is the last wave but it is always a steady healthy upside wave. It will cross the high of Wave 3 which will be $3.767 but remember it is not the biggest wave. It will still be profitable if you enter at wave 4 ranges. I speculate the price to reach $4.37 marking OP all-time high yet again. Hence this is my analysis on OP/USDT. Remember I DONT HAVE A CRYSTAL BALL :) It is purely based on my assumptions. Trade wisely. I hope it goes as mentioned above I would be extremely happy to be sharing it way before that time. If you liked my analysis, follow me and reply to what you think about it. It is my first-ever post published. Thanks for taking out the time :)
Long
by hshtrading
1
OptimisticI'm optimistic on Optimism (OP). Bullish indicators throughout the chart. Tight squeeze impulse Elliot Wave 3 breakout possible soon in my opinion. Not only is Optimism a great project and it can also be promoted as a verb type of meme (I promote creatively on Social Media. It's still under wraps though since I'm also a Lunatic). Example: I Am Optimistic about the direction of the crypto market from here. Fear is present both inside and outside of this market but we must look past it. Do not take as financial advise! Personal Opinion
Long
by Chryptofer
OP Scalp long - Looks like bottomReasons to long: ⭐️ BTC Dropped a lot ⭐️ Domination rose a lot ⭐️ Huge spike in volume at bottom ⭐️ 3rd approach ⭐️ 55 ATR ⭐️ Over VWAP Will enter when price slowly squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
Long
by Artem_Dishel
6