Opul
OPUL Bearish: Head and Shoulders Signal??After a 550% bullish move from Opul, moving from 0.05 to 0.30 it looks like a head and shoulders signal is playing out. This may be a bearish signal that sends opul down another 50-80%.
I've placed my buy zone at 2 different levels to keep an eye on for potential investment points. First point is around the $0.11 to 0.085 area. The second point is around $0.055 to 0.045 area. Movement below these lower buy zones is considered very bearish.
Depending on macro conditions as well as the success of their MFT platform this could rise from the buy zones back to the recent high of $0.30.
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This is not financial analysis or advice. Please asses your risk tolerance before taking trades of any kind.
2022-04-07 OPULUSDT Finding a Bottom & Looking to LongSome thoughts on OPULUSDT:
Daily: showing signs of a change in fortune. 10/20 EMA cradle has turned bullish.
12hr: looking very positive as well. Broken through the 100EMA and is retesting the 10/20EMA for a new support level.
4hr: Couple of shots of the 4hr showing possible targets if the $1 boundary (black line) is broken.
1hr: Showing signs of needing a bit of a cool off on the lower timeframes. I've marked areas of interest for taking a long entry.
Possible trend reversal incoming on OPULOPUL has been on a constant downtrend since 17 of November, it is now approaching strong support around the $0.66c level, we may see a drop to around the the $0.50c level but I believe that will be short lived.
Some of the early investors vested tokens were released last week, and this will continue bi monthly for another 18 months, most have probably sold by now, next vested token release will be around March the 24th, so I will be bullish on OPUL until then.
My advise, Buy 50% now, and wait, if it drops to $0.50c buy 50%
This is NOT financial advise, just my opinion
$OPUL | SLEEPING GIANT IS ABOUT TO MAKE ITS NEW MOVEWith the strong fundamental, Opulous had some bad times by reason of bad market conditions and unlock the vesting tokens.
I believe that the time has come for this starlet.
Daily rsi breakout and macd looks bullish and giving buy sign.
Price in the buy zone for me. It's really worth a shot imo.
If the market and btc keep recovering $OPUL can bounce big.
Always do your own research, this is not a financial advice.
Always use stoploss in unstable market.
$OPUL had a break out earlier , now need to see if continues $OPUL had a break out earlier , now need to see if continues.
wait for confirmation before get in .
Max. Supply
500,000,000 OPUL
Info
What is Opulous?
Opulous brings Decentralized Finance to the music industry, providing a launchpad for the first music copyright-backed NFTs as well as DeFi loans that will change how artists access the funding they need.
The platform comprises three main functions: NFT Launchpad, NFT Exchange and DeFi Loans.
Opulous Music NFTs are a new form of Non-Fungible Token, offering buyers a share of a song's future royalty earnings and exclusive rewards in exchange for social media support.
Opulous peer-to-peer DeFi loans cut out traditional banks, middle-men and major labels, allowing artists to access up-front cash based on the predictable royalties they generate over 12 months.
OPUL Opulous is a relatively new coin with big promise!OPUL Opulous came out this past Sept. I dont know too much on it but members of my community are excited about it. It is currently on a nice uptrend tunnel. It did pierce the tunnel briefly but since it fell back into said tunnel we will move the lines soon. I plan on getting me some soon. Cheers - DiMarco
OPUL and Fibonacci ExtensionsOpul is a music and creator focused token. I am bullish long term on the project overall due to being on the Algorand network, the connection with Yieldly, and that artists will always find the best ways to earn more!
Here are the fib extensions from highest high and lowest low as a framework for viewing larger zones.
Their website describes the project as - "Using our NFT Exchange anyone can own a piece of their favourite artist’s music copyright and buy valuable assets previously only available to industry insiders. Musicians can raise money by freely selling their music copyright as NFTs, while fans can support and form closer connections to their idols by purchasing a real stake in their career.
OPUL USDTHe made a good move and went up to the target as expected
The bit amplitude grew according to previous analyzes
I expect this correction currency to move to the first red range and even to the extent of one to the range of 0.8, which can be seen in terms of buying opportunities to reach the next target