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OP / TetherUS

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OPUSDT trade ideas

Chart Pattern Analysis Of OP In month chart,K3 just break up the neck line of a potential double bottom. It seems to be accelerating. In week chart, If K3 break up K2, that will verify the strong of the bull market. Will the resistance stop the bullish momentum ? I don’t know. I will try to buy some if I found there are reasons to verify the weakness of the resistance. It seems that the demands had absorbed the supply. If the following candles k2 or K3 verified that, It will be a good opportunity to buy in.
Long
by nothingchangehere
OP/USDT probability of bullish continuation from demand? 👀🚀💎Paradisers, get ready for an intriguing phase in #OPUST market journey, hinting at a bullish surge from its current demand zone. 💎 Following a recent pushback from a formidable supply zone, #OPTIMISM has intriguingly swept through buy-side liquidity. This move sets the stage for a possible descent before it gears up for a bullish rebound from the pivotal demand zone at $2.339. If NASDAQ:OP harnesses enough bullish momentum here, we might witness a dynamic push towards challenging and possibly breaking through the robust external resistance zone above. 💎 The ever-vibrant and unpredictable crypto market calls for a strategy that's as dynamic as the market itself. Should #OP face resistance in cementing its stance within this crucial demand zone, a nimble and strategic pivot could be our key to success. 💎 In such a scenario, our Plan B springs into action: we'd be looking at initiating a bullish move from a strategically lower support level at $1.828 This level becomes our new watchtower, as its breach could unravel early signs of a shift towards a bearish landscape in #OP market story. 🌴💰
Long
by MyCryptoParadise
#op/USDT#op Finally, the downtrend was broken After almost a year of decline After breaking the downtrend, the price began to rise regularly over a period of days Current price 1.53 $ The price is expected to reach an initial target of 1.77 $ Before making the correction To continue the rise to the second target at a price of 2.93 $ This rise is supported by reversal patterns and a descending triangle that was broken As well as the presence of significant oversold saturation
Long
by CryptoAnalystSignal
OP/USDT Perfect retest on the ATH before. Ready for New ATH ??💎 Currently, OP is exhibiting a noteworthy bounce from what was previously a resistance area, now functioning as a support zone. If this retesting phase proves to be valid, OP may well be on a trajectory to continue its upward movement, the probability reaching new all-time highs (ATH) with the Fibonacci 1.618 level as the next target. 💎 However, should OP struggle to maintain its footing at this crucial support area and instead breach below it, it could signal a concerning shift in market dynamics. Such a development might indicate a reversal to a downward trend, with the demand area becoming the next significant lower stop. 💎 The importance of the demand area in this context cannot be overstated. For OP to sustain or regain a bullish trend, it is imperative that it finds strong support and rebounds in this zone. A failure to do so, particularly if OP breaks below this demand area, could be interpreted as a bearish indicator, potentially leading to further declines in its value. 💎 For those closely monitoring OP, it's crucial to watch how it interacts with these key levels. The asset's response to the support retest and its ability to withstand pressures at the demand area will provide valuable insights into its short-term market direction. Stay alert and be ready to adjust your strategies in response to these market movements.
by MyCryptoParadise
OP (Y24.P1.E1).Still looking for more highsHi Traders, Its possible that this latest liquidity hunt was wave 4 initiation and then we get wave 5 when BTC hits the 48k range which will then give the Alts a turn to pump. The alternative is that BTC is doing wave 4 as well... but I still feel 47k and above is the target however if its not, then we are doing a macro wave 1 to 2 move.... I just don't think its there yet. I have been an advocate with Optimism for some time and was lucky enough to get the bottom way back June 22, still holding it. For now, these are the scenarios I"m thinking it can play out short-term. All the best, S.SAri
Long
by ssari
OP/USDT Breaking Through Resistance for a Bullish Rally? 👀 🚀💎 Paradisers OPUSDT is currently undergoing intriguing developments as it faces resistance. Breaking above this resistance holds a high probability of triggering a bullish move. 💎 In previous instances, OPTIMISM demonstrated a tendency to follow a descending channel, breaking above and initiating an upward move. Currently encountering robust resistance at 1.980, there is a strong likelihood that overcoming this barrier will propel OP into a bullish trajectory. 💎 Alternatively, if the price of OP fails to breach this robust resistance level, the cryptocurrency may strategize a bullish continuation from the demand level, marked by the previous low. However, breaching below this level could result in a significant downward move. Stay vigilant for these potential scenarios in the dynamic market environment
Long
by MyCryptoParadise_Simon