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Opusdtlong

OPUSDTWhat Is Optimism (OP)? Optimism (OP) is a layer-two blockchain on top of Ethereum. Optimism benefits from the security of the Ethereum mainnet and helps scale the Ethereum ecosystem by using optimistic rollups. That means transactions are trustlessly recorded on Optimism but ultimately secured on Ethereum. Optimism is one of the biggest scaling solutions for Ethereum with over $500 million in TVL. It is home to 97 protocols, the biggest being Synthetix (SNX), a derivatives exchange, Uniswap (UNI), a DEX, and Velodrome (VELO), an AMM. Users can begin their journey on Optimism by adding the chain on their Metamask and bridging tokens like ETH to the L2. On May 31, 2022, Optimism conducted a highly anticipated airdrop of its OP token.
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by SENKU-SAN
OPUSDTPOP price action has played within a descending channel for 115 days now. Twice has it tried to break out of it to the upside, with failure as sellers promptly send price crashing to the floor of the channel the 1st time, and an adjacent support trendline the second time. However, there have been 2 wicked breakouts to the downside, suggesting a demand liquidity pool that has been induced but not mitigated just yet. With BTC likely to test the 15k and 14ks to tap demand liquidity, I expect OP to drop in for a liquidity tap as well, buoyed by the support right there (so pA does't fall off), and then a subsequent retest of the strong resistance at $1.4. My money is on bulls flipping that resistance to support this 3rd time of asking, for price to go on to test the $2.2 ATH region and likely, price discovery.
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by KayKayKay2021
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
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by P_S_trade
21
OP: A RALLY LONG PENDING.Hello traders, I hope you all are doing great. Here's a quick update on OP in the USDT pair. Timeframe: 3 hours. Update: OP has been a long-awaited coin. It gave us good profit in the past and once again it is preparing for something big. This pattern once breaks out, will boost the possibility of a higher rally. The RSI is making a good hidden bullish divergence and man! The chart looks good. Entry if it breaks out: $0.84 to $0.86. Stop Loss: $0.235. Target: 8% to 15%. Note: Enter only when you see a breakout. Do not FOMO. I hope this chart is helpful for you. Trade safely.
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by Dexter_The_Trader
3
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 👌 _________________ 👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎 👍Hit like & Follow 🔔 We thank you for your support ! CryptoCheck
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by CryptoCheck-
7