Need to see support near 1.343 for short-term trend reversalHello?
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(OPUSDT chart)
Looking at the 1M chart,
It can be seen that the 1.129 point is an important volume profile section.
Looking at the 1W chart,
We touched the 0.919 point, which is the volume profile section.
Therefore, it is important to keep the price in the 0.919-1.129 zone or higher.
I have touched all the important support and resistance sections that I have been talking about before.
It touched the 0.919-1.129 section, which is the current 3rd section, and rose.
In addition, since the HA-Low and HA-High indicators on the 1D chart were created below 1.343, if the price is maintained above 1.343, it is expected to rise to the 2nd interval around 1.828-2.045.
Since the HA-Low indicator of the 1W chart has not yet been created, it is recommended to use the HA-Low and HA-High indicators of the 1D chart to increase the number of coins (tokens) corresponding to the profit.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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OPUSD
Will the Optimism update help OPUSDT price accelerate?Last week, there was a very important update for Layer2 of the Optimism Bedrock network.
Key points of the optimization:
Commission reduction by more than 50%+.
Time for depositing funds has been reduced from 10 to ~3 minutes due to the "fee market" model, which helps to prevent DoS attacks.
Improved Node/ performance, reducing node synchronization time by 50 times.
Reduced fees make Optimism Mainnet the cheapest Ethereum L2 for token exchange.
The Optimism team is actively working on the project's development, building a very strong ecosystem, and seems to believe in the prospects of their brainchild.
But so far, all these updates have not had much of an impact on the OPUSDT price.
Looking at the chart, we can assume that the growth of the Optimism token price to a strong liquidity zone of $1.47-1.50 in the coming days is a very positive scenario.
Let's see, if the crypto market participants are interested in Optimism, to push the Op price up in the future, and the number of likes and comments under this idea will be a good "litmus test".
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OP📊 #OPUSDT
⏱ TIME: 1D
📝It is reaching very important areas for spot purchases, and you can make purchases in a gradual and managed manner. It has also been checked for fundamental analysis and is a sustainable and strong project for the future.
📍The initial buying limit: 1.38 $
📍The second buying limit: 1.01 $
📌TP1: 1.87 $
📌TP2: 2.74 $
📌TP3: 4.35 $
📌TP4: 6 $
OP ANALYSIS (12H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the OP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
OPUSDTOP is trying to regain the lost support. But currently the overall trend is down and 36% drop in 19 days cannot be a good sign. In the chart you can see the two upcoming scenarios i.e. bullish and bearish. Also for As a reminder, I must say that this currency will release 154 million tokens worth approximately 300$ M in 23 days.
BINANCE:OPUSDT
✅TS ❕ OPUSD: reached the support area✅✅ OP reached the support area.
The volatility of the chart movement has decreased.
The price of the asset has rebounded from the current area. ✅
🚀 BUY scenario: long to 2.316 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
optimism 8h accumulation best level buy/hold 300% gains🔸Hello guys, today let's review 8hour price chart for OPUSD. nice gains recently off the range
lows, also trading near ATH, which is also bullish catalyst for future gains. Short-term more
gains possible to re-test premium levels, however also expecting a pullback, since accumulation
is not complete yet and we are not ready for take off.
🔸Active trading range is defined by range lows at 2.15 usd and range highs at 2.85 usd.
Premium prices / resistances / supports set at 3.00 usd / 3.25 usd and 1.90 / 2.00 usd.
🔸Recommended strategy bulls: the overall outlook is bullish and we are in the active
accumulation stage since February, however good things take time. Expecting pullback later
after we hit strong overhead resistances near range highs. Don't get caught up in pullback
and be ready to buy/hold low later near 2.00 USD in May/June 2023. Conservative target
for the bulls is 6.00 USD, which is 300% gains off the range lows. good luck traders!
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OPUSDT - Buy Setup!!OPUSDT (1D Chart) Technical analysis
OPUSDT (1D Chart) Currently trading at $2.56
Buy level: Above $2.55
Stop loss: Below $2.15
TP1: $2.9
TP2: $3.25
TP3: $ 4
TP4: $ 5
Max Leverage 2x
Always keep Stop loss
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