OP Building A Powerful Bottoming Structure MartyBoots here , I have been trading for 17 years and sharing my thoughts on OP .
OP looks great , its currently building a giant broadening wedge pattern and this looks like it should hold targeting the top range
Its getting into a very important time for these ALTs and they should start running bottoming for a move up into new year
OPUSD
OPUSDT - Altcoin with GOOD UPSIDE Potential (Wyckoff)Using the Wyckoff Method has always been my go-to strategy when looking for buy's. The theory behind it is that basically the market goes up, down, sideways, and up again etc. You can dive into more detail by taking a look at volume and trendlines, but for today's analysis we'll keep it simple and focus on the good upside potential for OP.
The above clearly shows an excellent Elliot Wave Theory playout - 5 impulse waves up and the following three corrective waves - indicating the bottom is close.
The above is classic Wyckoff Method Theory together with the emotions at each phase. OP, according to the above, is very close to bottoming out - in other words, a great place for accumulation. During the previous phase, the price increased over 400% over the course of a few months. If you have the patience, it can be a great increase.
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BINANCE:OPUSDT
INJ - Full Bear Mode?I've been bullish on INJ until the M-Pattern formed - which has since taken us into a bearish correction. There is ONE zone that remains our final hope for a new ATH, but if we cannot hold this support then INJ is full on bearish for the immediate future.
Let's take a look at key zones for buying orders as well as the INJBTC chart for insights.
Here's an alt that is instead moving into accumulation as discussed in the video:
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BINANCE:INJUSDT BINANCE:INJBTC BINANCE:OPUSDT
These 3 Microcaps are RALLYING Now 🚀 Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Here's a look at 3 altcoins that are surprisingly bullish while the rest of the market is trading bearish - WNXMUSDT , OPUSDT , BONDUSDT . Note that these are all fairly new coins and microcap coins, therefore your risk significantly increases when you participate in trading these coins. However, it is also true that diversity significantly decreases your risk. So take a look at these 3 microcap altcoins that are busy making gains whilst the rest of the markets are trading lower.
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OPUSDT - Another 12% Pump Possible 🎯Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
A quick video analysis on OPUSDT - and possible short term price action by using two technical indicators together; the Phoenix ascending and Fibonacci Bollinger Bands.
The best bet in terms of risk management would be to take most of your profits now if you have a lower entry, and leave the last for the possibility of another 12% increase from this point.
Interested in a potential bounce zone for Bitcoin? See this idea here 👀
Pepe fan? This one's for YOU 👀
I hope you enjoyed this post today! Please give us a thumbs up 👌
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