Be patient, dawn is nearThis currency has a falling trend in daily time and recently we saw the fall of this currency after encountering a downward trend.
But on the other hand, in the last 100 days, it has not had a floor lower than the previous one, so there is hope for growth in this currency.
As you can see, the support and resistance ranges for this currency have been determined and the possibility of growth for this currency is stronger.
Therefore, as long as it is above the support range that we have identified, I consider the growth stronger.
If you want to introduce your currencies so that I can analyze them for you, I will be happy to share my opinion about your currencies and exchange ideas.
Also, I will be happy if you follow me and I will get energy to continue.
OPUSDT trade ideas
OP Bearish GartleyOP breaksout from minir trendline resistance and possibly on its way to major trendline resistance that might complete the bearish gartley pattern. PRZ for XA*78.6 and 127.2/161.8*BC legs are provided. Monitor price movements on this area and also be aware of possible wick grabbing on the top.
OP/USDT is Gearing Up for Remarkable Shift? Op today analysis🚀💎 Paradisers! Brace yourselves as we've spotted #OPUSDT positioning itself for a spectacular move! It's currently navigating through a descending channel, setting the stage for a potential upward breakout.
💎 A few days ago, our observations pinpointed that after testing the bearish OB, NASDAQ:OP initiated a substantial downward trajectory. After securing liquidity below, it seems to be reinstating its upward momentum.
💎 Presently, it’s maneuvering within a descending channel, and the VRVP is revealing significant volume. This is a strong indication that the price is likely on the brink of embarking on a bullish journey from this point. However, do keep in mind, a breakdown of support could trigger a downward movement.
💎 If trading is on your mind, remember to set a proper stop loss and tread with caution and wisdom!
Stay informed and navigate the crypto waves with precision and insight! 🌴
OPUSDTOPUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now the retest of the broken level is highly possible, which is also the Fib retracement level.
If the sell momentum continues the next target could be 1.210 region.
What you guys think of this idea.
OP long - day trade and swing short updatedOur OP day trade did not give us the entire move we expected to get but some decent gains were attainable. Despite not having gotten to our tp at 1.43$ we managed to get an 'okay' push within the sluggish pa.
Closed it at be after taking some off around 1.4050$.
The overall swing short plan remains the same and have given us some decent pa so far. Taken some off and will look to add some more IF we get a good entry.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
OP has bearish signs!
🎗#OP/USDT 🎗
SHORT
Leverage: (10.0X)
Entry Targets:
1) 1.31
2) 1.33
Take Profit Targets:
1) 1.28
2) 1.26
3) 1.23
4) 1.21
5) 1.19
6) 1.17
7) 1.14
8) 1.12
Stop Targets:
1) 1.44
🟡Chart is speaking it self!
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Thank you for seeing idea .
Have a nice day and Good luck
🔴This is only an idea and not a financial advise ( NFA )🔴
Compression Zone by Bullish Signal, wait for breakoutChart 4H TF
OP is trading at 1.39x now
BINANCE:OPUSDT has support at 1.36 and lower at 1.32 and resistance by descending trend line
OP is in compression zone and when it's done, massive move will happen.
I think 3 scenarios for this case:
#1
#2
#3
I think some signals support for bullish, so I will wait for a breakout
Wait and see
OP long - day trade Quick OP long trade idea. We got a decent pullback on the NY open. Personally expecting us to hunt the buyside liquidity.
Will look for an entry if we break and hold above 1.3835$
Will adjust the stops around the lows (once they are confirmed)
Will look to target 1.43$ as a conservative entry.
I will then wait and see IF we get a deviation above to confirm the overall bearish swing trade we have discussed previously.
This is an aggressive and quick trade compared to the trades I normally post.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis merely a price action based analysis and does not constitute financial advice any form.
OP - Ranges template Here is a quick insight on why I am looking for a short on OP
With a clean chart and a simple range (red line) we can see that we are back within the 3M range. The latter has been acting as clean and clear point of indication for both buyside liquidity and sell side liquidity.
IF we are correct on the idea, once we confirm that we are back into the range pa should eventually try and chase the liquidity resting on the sell side around 1$.
By zooming out and re-contextualizing the trading ranges we can limit our margins of error, or at least know exactly when we are wrong and where the high probability trades are. Even after more than 4 years of trading I still utilize these HTF methods as it is really easy to get stuck on a bias and lost in ranges.
By zooming out and taking an helicopter view we allow ourself to RE-ASSESS, RE-CONTEXTUALIZE and JUSTIFY our trading plans and strategies.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
OP short - swing trade Here is what I am looking for in OP this week IF it sets up.
The ranges are clearly indicated and respected so far. We are currently pricing up above the first Monday (of September) open (these pa moments tend to be traps and create the wicks on the higher timeframes).
You do not want to get front ran on the move so wait for pa and the market to show you what it wants to do and the ACT UPON IT.
I will come back to the idea later in the day/week IF we get the set up. Feel free to analyze how pa is going to react and to understand the why's.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
OP : Good for order Block and SELLToday I will send you some good tokens that react to the ORDERBLOCK and SELL Position!
According to the chart, if you see the entry trigger and the confirmation candle, you can enter the position.
It will be very useful to have a minimum knowledge of technical analysis in the market for better use of these analyses.
In the end, don't forget capital management and compliance with risk to appropriate reward.
Good luck and profitable.
OP 3D MACRO LONG Not sure of my previous OP 3D Short idea as I just realised that wave 3(B) is not coming out of the base channel so it could be invalid or just an ugly Elliot wave.
Wave 4 respected the 0.382 Fib level so im 50/50 in the short idea.
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Im seeing a 3 touch breakout to the upper side confirmed by RSI & EMA Oscilators.
For extra confirmation I can also see that it is currently doing an ABC in the bigger picture Base channel.
Currently I will be waiting for the 8EMA to cross with 55 SMMA On my RSI Oscilator and hit a long at the breakout, if it ends up being a looser then I will hit a short for a 5th wave.