OP setupGreat setup, 3 targets. Lets go. Nice harmonic, and a 3 rising valleys to boot. Accumulation happening at a key level.
Key stats
About OP
BEST ENTRY IN A LONG TIME!Keeping this VERY SIMPLE. #Optimism is currently trading close to all time lows! after sweeping a few high timeframe weekly lows, and holding above the level, in my opinion, this can be a great entry for higher prices to come.
Calculate Your Risk/Reward so you don't lose more than 1% of your acco
100% Positive uptrend continuation Weekly Bullish, Daily chart bullish, 4 hrs still bullish. We have a long up to go.
But for your safety of price actions, you might need to consider using lower leverages like 4x.
Buying on spot is good choice as well.
🎯Short-Term Target - 4.2$
🎯Mid-Term Target - 7.65$
🎯Long-Term Target - 11.6$
🎯Long
Optimism (OP)Optimism is a layer-two blockchain on top of Ethereum which uses Optimistic Rollups to scale the Ethereum ecosystem. The project is new and there are not enough candles to draw the big picture. But anyway, it seems a triangle pattern with ABCDE waves is forming, so have to wait and see when the curr
OP - Massive Buy SignalHere we have an amazing development on the 2W chart for OP. Most people do not watch the 2 week chart which is why this will probably fly under the radar for most, but here we are providing you with the most up-to-date content.
We have a dragonfly doji forming on the 2W after a 112 day downtrend (>
Optimism in a reload zone. Optimism has come down around 85% from its recent high pushing into major support levels. With the test of their superchain this week and the events in Brussels I can see a turnaround in current trend.
OPTIMISM QUICK SCALPPotential Buy Opportunity
Price breaking up
Take Profits & stop Loss On Chart
Leverage (MT4) and Exchange (Both spot & Leverage)
Optimism cross discount price and road to 6 dllsAs you can see optimism developed strong HH and LL after a liquidity grab from previous week , now optimism starts the week in discount price if zone passes to premium price there enough liquidity to get to 6dlls
Optimism and the FutureTrend Analysis Shows that we are approaching wave 3 in crypto. We are starting the speculative cycle phase of the crypto cycle. Expecting high to be 6-12 months after the halving. My target for this cycle for optimism is at least 18$ with the high being at most 40-50$.
Optimism (OPUSD) Trading StrategyEntry Point:
Optimal Entry: Aim to enter around $2.88 to $2.90. This is close to the current market price and above the pivot point, suggesting that the bullish momentum has support.
Aggressive Entry: If you're looking for an earlier entry and can tolerate more risk, consider entering at any slight
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of OP (OP) is 1.658400 USD — it has fallen −4.00% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing OP price chart.
The current market capitalization of OP (OP) is 2.08 B USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
OP (OP) trading volume in 24 hours is 670.93 M USD. See how often other coins are traded in this list.
OP price has risen by 11.03% over the last week, its month performance shows a 18.74% increase, and as for the last year, OP has increased by 23.06%. See more dynamics on OP price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
OP (OP) reached its highest price on Nov 7, 2024 — it amounted to 1.681400 USD. Find more insights on the OP price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
OP (OP) reached the lowest price of 1.301700 USD on Nov 4, 2024. View more OP dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of OP (OP) is 4.29 B USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
OP has the limit of 4.29 B coins. No matter how the currency evolves, no new coins will be released after this number is reached.
The safest choice when buying OP is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade OP right from TradingView charts — just choose a broker and connect to your account.
OP (OP) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, OP is estimated as 3.63% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about OP, you can find more inspiration in our curated watchlists.
You can discuss OP (OP) with other users in our public chats, Minds or in the comments to Ideas.