OPTIMISMrutheless sweep underway
27% in like 3 days in a slow bleed
after the initial distributitive sell off from 3$ region
-72% from ATHS here but its one of the strongest fundamental coins in the market..
highest tvl eth l2?
releif soon?
OPUSDT.P trade ideas
OPUSDT Elliott Waves (Local Setup)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked).
Everything on the chart.
Entry zone: market and lower
Target: 2.2 - 2.6 - 3
after first target reached move ur stop to breakeven
Stop: 1.3 (depending of ur risk).
ALWAYS follow ur RM
risk is justified
It's not financial advice.
DYOR!
#OP Potential Double Bottom Structure📊#OP Potential Double Bottom Structure 🚀
🧠From a structural perspective, the ideal goals of the short structure have all been achieved, and there is an expectation of a rebound. There is an opportunity to build a bullish double bottom structure near the buy zone, which will be established after breaking through the inflection point. If this structure is established, then we have a chance to go to around 2.978.
Let's see 👀
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BITGET:OPUSDT
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
#OP/USDT#OP
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the 100 moving average again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 1.57.
Entry price 1.64.
First target 1.67.
Second target 1.74.
Third target 1.80.
beautiful chart on opusdtso you see a great trend if you look at my finger pointing icons that identify the double bottom before the pump. you see the perfect consolidation after the falling wedge. which built a solid foundation for a support for op to be a strong investment.
#OP/USDT#OP
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 1.53
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.57
First target 1.63
Second target 1.70
Third target 1.77
opThe overall trend is downward, it is placed in a short-term ascending channel, the resistances are marked with red lines, if you buy, you should buy in steps.
Optimism (OP) Optimism 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 $300 million in TVL.
Optimism price today is $1.23 with a 24 hour trading volume of 270 million dollars, OP price is up 15% in the last 24 hours
after a little correction OP can hit 1.3 and 1.5
did you manage to buy OP at 0.8$?
OPUSDT.1Ddaily chart of OPUSDT, we are presented with a well-defined Head and Shoulders pattern, which is a classic reversal formation. This pattern, consisting of the left shoulder, head, and right shoulder, indicates a potential trend reversal from the previous uptrend, suggesting that a breakdown could occur if key levels are violated.
Pattern Analysis: The Head and Shoulders pattern is clearly visible with the left shoulder formed in early 2024, followed by a peak (the head) and the formation of the right shoulder more recently. The neckline, which is a crucial level in this formation, is aligned with S1 (0.906). This neckline level will serve as a key indicator for market participants as to whether the bearish reversal pattern will play out.
Support and Resistance Levels:
Support Levels: The primary support lies at S1 (0.906). This level is critical because it represents the neckline of the Head and Shoulders pattern. A decisive breakdown below this level would confirm the bearish reversal, likely leading to a test of the next major support at S2 (0.634). Any break below S2 could further exacerbate bearish pressure, potentially leading to prolonged downside.
Resistance Levels: On the upside, the immediate resistance is at R1 (2.053). This level represents the zone that needs to be reclaimed for any short-term bullish momentum to develop. A break above R1 would invalidate the Head and Shoulders pattern and suggest a return to bullish conditions, possibly targeting the previous highs at 4.865 over the longer term.
Stochastic RSI: The Stochastic RSI is currently in the overbought zone, suggesting that upward momentum may be losing steam. This could serve as an early warning that the price is likely to face resistance in the short term. Any bearish crossover in this region could reinforce the likelihood of a breakdown below S1, in line with the Head and Shoulders pattern.
Conclusion: OPUSDT is at a crucial inflection point, with the price nearing the neckline of the Head and Shoulders pattern. A confirmed break below S1 (0.906) would likely result in a bearish continuation, with S2 (0.634) being the next major support. On the other hand, if bulls can reclaim R1 (2.053) and invalidate the bearish pattern, we could see a reversal toward higher levels. For now, the chart leans bearish, with the Stochastic RSI suggesting that the current rally could be losing strength.
In conclusion, traders should monitor the neckline at S1 carefully for any signs of a confirmed breakdown. The next few days will be pivotal in determining whether the bearish Head and Shoulders pattern plays out, or if bulls can regain control and push the price higher.
Optimism (OP): CME Gap Will Be Filled Soon!!Optimism coin has been bouncing from that bullish trend for some time now, where we see that we have developed here a nice OB zone + an unfilled CME gap has been left behind.
We are looking for a greater movement to lower zones to happen so eyes wide open here!
Swallow Team
#OP/USDT#OP
The price has broken the descending channel on the 4-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 1.45
Entry price 1.60
First target 1.70
Second target 1.84
Third target 1.90
3-3-5 Flat looks to be complete. Time for sub $1.50Correction looks to be complete. With a 3-3-5 flat structure just finished. Waiting for a bounce to ~ $1.71 before pulling the trigger to short it down to sub $1.50. SL would be at the top of that C wave end (wave 5).
Position shortAccording to the middle line and the divergence at 15 minutes, selling seems to be reasonable. However, enter at your own risk
OP is ready for big movePA is bullish, price is so close from price discovery mood - any known resistance, those moves are explosive and fast, parabolic.
SPOT play.
NOT A FINANCIAL ADVICE, MANAGE YOUR RISK AND USE STOPLOSS
OPUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
Optimism: Each Time It Goes Higher, Long-Term Super Growth (W#4)Each time it goes higher... Optimism is showing a pattern of long-term growth; a widening rising channel; higher highs and higher lows.
The pattern is very hard to miss on the chart and each time, each wave goes higher than the previous one. We can expect a higher high next and a new All-Time High for this magnificent trading pair.
➖ In mid-2023 we see similar price dynamics. A low in June leads to some consolidation and sideways action, and then a major bullish wave.
➖ In 2024 we can see the same. A low in August leads to some consolidation and sideways action and then a major bullish wave.
Now, the two previous waves, in early 2024 and 2023 happened after a bear-market. The 2025 wave will happen within a bull-market so total growth potential can be many times stronger, higher, than what is shown on the chart.
So get ready and prepare for the long-term because OPUSDT is going up, we have no doubt about this, and it will be strong, something this pair has never experienced before.
The future is bright for Crypto;
The future is bright for the Altcoins;
The future is bright for us.
If you are reading this now you have great timing, you are in the right place at the right time and the market will reward you for being wise and smart.
While our mental attitude is very important and how we approach the taking profits strategy with our trades can affect how much money we take home, timing cannot be ignored.
The best time to buy crypto before the major 2025 bull-market is late 2024.
Late 2024 is now... And we are preparing for long-term growth.
Thank you for reading and thank you for being around.
You will be happy with the results.
Namaste.
OPUSDT: Bull Run or Fakeout? Critical Retest Incoming!Yello Paradisers! Is #OPUSDT about to face a significant test of its bullish strength? The pair has been respecting an ascending support trendline, with multiple taps followed by strong upward movements. Recent price action has shown OPUSDT making higher highs and closing firmly above key levels.
💎#OPUSDT is trading above both the 100 and 200 Moving Averages (MAs), indicating that the bulls are still in control. However, a potential retest of the trendline is on the horizon, which also aligns with these MAs, making it a crucial level to watch.
💎The probability is now that OPUSDT will move towards trendline , tap and then will be facing 1.9033 Minor resistance that could stall upward momentum and 2.21 - 2.32 – Strong resistance zone that could determine the next big move.
💎If we see a 12-hour candle closing below the MAs and the support zone at $1.4054, this would signal a breakdown and invalidate our bullish thesis, potentially shifting the momentum to the downside.
Keep these levels on your radar, Paradisers, and trade cautiously! The next move could define OPUSDT’s trajectory for the weeks to come.
MyCryptoParadise
iFeel the success🌴
Significant increaseAfter breaking through the equilibrium zone, OP has experienced a significant increase, moving towards key resistance levels. Currently, the price is approaching the resistance at $1.70. If this level is broken, it could trigger further upward movement towards higher levels, potentially initiating a new bullish trend for OP.
