OPUSDTPERP
#OP/USDT confirmed breakout Ascending Triangle for Long entry!OP/USDT The identified pattern is an ascending triangle, which indicates an upcoming bullish uptrend. This suggests the potential for a significant price increase, potentially reaching as high as $12.
#OP/USDT LONG ENTRY
Leverage: 1x
Entries: $4.585
Take profit 1: $5.784
Take profit 2: $7.300
Take profit 3: $12.056
Stop Loss: $3.572
BINANCE:OPUSDT
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
Thanks
The sroced.
#OP/USDT#OP
The downtrend channel was broken strongly with a strong daily candle on a 1-day frame
The broken trend was retested
We also have an upward trend on the RSI indicator
We also have a higher stability moving average of 100
Entry price 9.31
The first goal is 9.67
Second goal 10.47
Third goal 11.17
📊#OP long structure intact, cautious short⚠️🧠After we completed the correction at the daily level, a double bottom long structure was formed in the buying zone, and there is also an expectation of rebound after sweeping the liquidity pool. Therefore, we should be bullish and cautious in shorting.
➡️If all goes as expected, the most conservative target is the resistance zone👀
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OP ⇒ a possible downward patternhello guys...
A few reasons show us OPUSDT will experience downward movement at least until 2.634:
1-the first reason:
touched the top line of the second channel.
2-the second reason:
divergence in the RSI indicator.
3-the third reason:
broke down the midline of the sharp channel.
4-the final reason:
a possibility of forming the double top pattern.
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buy by R/1 (OP)📊Analysis by AhmadArz:
Trade in low level of renge.
🔍Entry: 3.747
🛑Stop Loss: 3.644
🎯Take Profit: 3.851
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Wait for get profit in buy OP)❤️❤️Thanks for boosting 🚀 and supporting us!
📈support in first candle pollback.
📊 (Buy-sell) : 2.898
🔴 Stop Loss : 2.727
🎯 Take Profit : 3.092-3.315-3.357
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
OP target 2.414h time frame
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OP created a double bottom and retested with a triangle structure. OP is still consolidating in this triangle, which could be a potential continuation structure and help us to set up a trading plan. Target will be estimated from double bottom and the triangle.
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TP: 2.41
SL: 1.523
OP/USDT: Waiting for breakoutBINANCE:OPUSDT has broken out of its major resistance and is currently waiting for another resistance breakout. We can expect this breakout to happen within the next 2-6 days. 📈 This breakout is crucial for our LONG trade entry.
Our trade setup is planned for a LONG entry after a confirmed breakout.
Entry Price: 2.0 - 2.1
StopLoss: 1.7
Target Prices:
TP1: 2.25
TP2: 2.5
TP3: 2.8
TP4: 3.2
Wait for our confirmation before entering the trade. Please like and share your thoughts in the comments. It keeps us motivated to share more trade ideas.
Cheers,
GreenCrypto 🌿🌿🌿
Op/usdt Trading idea Opusdt
Formed rising wedge pattern on daily timeframe and also facing horizontal resistance
Iam expecting price to drop from here atleast 15-30% ,let's see
Note : This is just an idea , do your your own research before taking any decision
Better is to wait for confirmation | Next red candles|
Good luck
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Optimism OP price responds well to the work of the teamToday, let's take a look at the OPUSDT price chart
Given that the previous idea worked out well with a 30% increase, we can try to "guess" again)
By the way, in the previous idea, we described the main upgrade features implemented by the Optimism team.
Today, the next Optimism (OP) network upgrade will take place, the main task of which will be to reduce the average transaction inclusion delay from 2-4 seconds to 0-2 seconds.
Also, today we announced a "fresh indicator" U.S. CPI (YoY): 3.0% (forecast 3.1%, previous value 4.0%)
So all the fundamental conditions for growth are in place, now it's up to the market)
Let's assume that the next target for the OPUSDT price will be a breakout of $1.50 and continued growth to $1.75
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OPUSDT UpdateBINANCE:OPUSDT current situation is as follows:
OP is currently in a neutral position. In my previous post, I correctly predicted a 40% growth and a 20% price drop for this currency. However, the price is now caught between strong support and resistance, and I don't want to take any trades in between.
But where and when should we enter a short or long position?
I'm waiting for one of these two scenarios to occur. Either the resistance line breaks with strength and the daily candle closes above the resistance level with a significant gap, and then I wait for a retest, or the same conditions occur for the support line.
Apart from these two scenarios, I have no intention of entering a position because I don't want to get stuck in this range, and I want to catch the larger waves.
⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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OPUSDT Long idea"After a 70% drop, the price has entered an important area. It is an area with high liquidity, which is important both psychologically and technically. It is also the $1 region, which is also the 0.786 Fibonacci support level. The importance of this area can be understood from the duration of past price interactions and the number of touches it has experienced. The 0.786 Fibonacci support level can be considered one of the most significant support points for reversing the market trend, according to many analysts. However, the loss of this support can lead to further price decline. But don't forget that we also have a static resistance line and a trend resistance line, both placed at $1.20. Personally, I want to enter a long position at the green box because I know that if this move begins, we will have a major pump ahead."
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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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