OP/USDT Bullish Reversal on the Horizon? 👀🚀OP Analysis💎 Paradiser, get ready for an exciting trading opportunity with #OPUSDT! The current setup suggests a bullish turnaround from its support and FVG.
💎 Reflecting on the past, $OPTIMISM faced challenges in surpassing its previous high, resulting in a bearish sentiment. However, the tides appear to be shifting. At the support level of $2.619, which has already piqued buying interest, there’s a strong chance of a bullish shift targeting the significant supply zone at $4.803.
💎 As savvy traders, we always have a Plan B. If #OP dips below our critical support at $2.619, we’re poised to capitalize on a bullish rebound from a lower support and the Bullish OB at $2.116. But exercise caution, as breaching this additional support could indicate a deeper decline.
💎 Stay adaptable in your strategies and keep a close eye on the charts, fellow Paradisers. Your ParadiseTeam is here to guide you through these market waves with expert insight.
OPUSDT trade ideas
OPE! Putting in an impulse?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Looking like an impulse coming in.
The move down is funky, but the 3 wave up is clear.
PF is holding it down.
2.9793 is the official pivot bulls want to hold.
3.29 break from here may change thoughts.
OP: two buy 📊Analysis by AhmadArz:
🔍Entry: 1=3.690 2=3.584
🛑Stop Loss: 1=3.660 2=3.523
🎯Take Profit: 1=3.775 2=3.994
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Op/usdt retesting key resistance| 👀🚀OP Today analysis💎 Paradisers, check out #OPUSDT as it's on an intriguing path, currently retesting a crucial resistance that could soon become support, signaling a potential bullish jump from here.
💎 After escaping a descending channel, $Optimism is gearing up to challenge the resistance at $3.847. A successful retest and maintaining strength at this level could set the stage for a bullish surge. With continued momentum, it's eyeing an initial resistance at $4.295, aiming to break through and tackle even higher barriers.
💎 Should #OP's price fall beneath this pivotal zone, it's time for a strategic shift. We're bracing for a bullish bounce from the secondary support at $3.395. Falling short of a comeback here could spell further drops. Let's remain alert and adaptable to swiftly navigate any market changes.
OP COMPLETE ANALYSISComplete analysis of OP is given in this chart. Fisrt of all price is around bearish fvg where we can also see bearish order block. As highlighted on chart as well. I am watching a rejection from here towards bullish poi which is formed by OB+FVG+SSL and also did marker structure shift. Whats your point of view on this?
$OP 4H Bullish Continuation ConfirmedI posted about this move previously, however my timing was a little premature.
I believe we are about to see a VERY STRONG push from NASDAQ:OP into price discovery.
Timing of course is the hardest part all of this... But I'm gonna say a new ATH within the next 72 hours.
Shout out to Rainbow Trends for the incredible heat map indicator to help show us the correlations between local bottoms (White candles)
OP/USDT | 1W 👀Optimism continues to impress us with very good dynamics and provides good earning opportunities.
I will observe where NASDAQ:OP can correct and possibly buy more coins.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Optimism. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Optimism #Investment #OP
OP 23/03/2024We have entered back to the range again. The price filled the daily imbalances. We have resistance above us which are Weekly and monthly open levels. I want to see breakout candle above these levels for confirmation. However, we are still in accumulation area. We broke it above and this is a pullback. We should lose 2.611 level because it is important on weekly level. If we broke it then it will go to lower prices.
OPUSDT Road Map🗺️!!! situation+next targets.Hi.
BINANCE:OPUSDT
✅Today, I want to analyze OP for you in a Weekly time frame so that we can have a MID-term view of OP regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
All says above the incoming breakout and rally🚀
✅ Due to the Ascending structure of the chart...
🟢658 Days of Ascending Accumulation
🟢Higher Lows Structure
🟢Fixation above the $2.6-$3 Major Supply Zone (Megaphone)
🟢Megaphone is under the Upper Band of Ascending Accumulation
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
$OP - 2H LTF Bearish Trend ReversalI believe we have found a local bottom for NASDAQ:OP around $2.98.
I had bids set at $2.95 so bummed that those didn't fill.
However, I did add to my already long position between $3.05-3.15
The market want's more I believe & Optimism is too hard to ignore.
Really liking the reaction that I'm seeing out of it at the moment in current market conditions as a lot of other bigger tokens bleed off.
For perspective, I longed this orginally around $4.30 & have been DCA on the pull back since.
My theory is that NASDAQ:BASE is getting A LOT of attention rn from Coinbase & BASE relies on the success of Optimism. If Brian Armstrong & coinbase bros start talking about OP as a good investment... I believe the markets react HUGE.
Please be safe & assume all responsibility for your own trades.
OP Lighting the Path: Get In on the Buy Action Today!Optimism (OP) Coin: Fundamentals, Recent News, and Disclaimer
Fundamentals
Layer-2 Blockchain: Optimism is a layer-two blockchain built on top of Ethereum. It uses optimistic rollups to scale Ethereum's capabilities by processing transactions off-chain but leveraging Ethereum's security for final settlement.
Governance Token: OP is the governance token of the Optimism network. Holders can vote on key decisions regarding the network's development, including upgrades, funding allocations, and protocol changes.
Growing Ecosystem: Optimism boasts a thriving ecosystem with over 90 protocols deployed, including popular DeFi applications like Synthetix and Uniswap.
Recent News
Price Increase: As of March 20, 2024, OP has seen a 12.25% increase in price over the past 24 hours.
All-Time High: The token reached its all-time high of $4.84 on March 6, 2024.
Disclaimer
I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions. The cryptocurrency market is volatile and high-risk.
$OP - 4H Bullish ContinuationI believe we are seeing a similar consolidation as previously had indicated by the first pink arrow.
Paying close attention to how they close over the next few hours could be key in catching a great potential long setup here.
Rather for Spot holders or those looking to wager a LONG, I believe both would benefit at this level.
OP Weekly Price ActionOptimism (OP) is currently at a critical support level of $3. On the hourly timeframe, OP is showing a steep downward trend, indicating a bearish trajectory. While oscillators show a neutral stance on the daily and weekly charts, moving averages signal a significant sell-off.
Optimism stands to benefit from Ethereum's Dencun Upgrade, which has notably reduced gas fees. Therefore, the current downturn could be attributed to routine profit-taking and panic selling.
Taking a broader perspective on the weekly view, Optimism is forming a megaphone chart pattern. A reversal from the current support level could drive it to new all-time highs (above $4.5) in the next bullish phase. Monthly analysis of oscillators and moving averages strongly suggests buying opportunities. If Optimism is in your portfolio, consider accumulating during dips.
OP long setup hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.