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OPUSDT trade ideas

OPUSDT interesting point to make at least 10%OPUSDT interesting point to make at least 10% the 1.1988 level is so important if we break down we will target 1.0989, and the break downside breaks the ladder that happened after bouncing from the weekly support level (0.9230) and if we hold this 1.1988 level that we are at right now there will be a bullish volume that targets 1.3544 daily level at least so right now the chance of holding the move upside is the most likely scenario.
Long
by navold666
1
OPUSDT Long idea"After a 70% drop, the price has entered an important area. It is an area with high liquidity, which is important both psychologically and technically. It is also the $1 region, which is also the 0.786 Fibonacci support level. The importance of this area can be understood from the duration of past price interactions and the number of touches it has experienced. The 0.786 Fibonacci support level can be considered one of the most significant support points for reversing the market trend, according to many analysts. However, the loss of this support can lead to further price decline. But don't forget that we also have a static resistance line and a trend resistance line, both placed at $1.20. Personally, I want to enter a long position at the green box because I know that if this move begins, we will have a major pump ahead." ⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
Long
by Madoir
7
🔥 OP Weekly Support Held: New Highs On The HorizonOP saw an incredible start of 2023. Sadly, after a huge move early in the year, OP has been selling off for most of the months after the initial pump. However, I see signs that the sell-off is done and that there's more bullishness coming soon, arguably even a new all-time high. For the best risk-reward I'm looking at a target of 5.00, potentially 3.00 if you're more risk averse. Stop at 0.99, which is just below the 1.00 support area.
Long
by FieryTrading
2
OP/USDT Breakdown + Failed Re-TestHey traders 👋 OP/USDT had a nice movement recently so let's take a look at that! We see that price had recently a small breakdown after what we had a failed re-test meaning the volume from buyers was weak. We are going to look for a potential short position here !! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowAcademy
17
OP short - day trade OP has gone according to the plan so far BECAUSE BTC has given us the signals we expected. So far all is good for shorts. Personally entered 3 different positions (avg position entry sitting at 1.35$. Taken some off for now and stops at be (breakeven). Expect a push up towards the yellow box. As long as BTC continues to fail to create new highs the crypto market will keep on going lower. Bear in mind BTC still has some liquidity sitting around the 32K-33K (cf BTC ranges overview). Overall plan remains the same for now. TP 1.1550$ TP 0.8865$ (for a swing trade if we break and hold below 1.15$ Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
Short
by Patrick2707
Need to see support near 1.343 for short-term trend reversalHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (OPUSDT chart) Looking at the 1M chart, It can be seen that the 1.129 point is an important volume profile section. Looking at the 1W chart, We touched the 0.919 point, which is the volume profile section. Therefore, it is important to keep the price in the 0.919-1.129 zone or higher. I have touched all the important support and resistance sections that I have been talking about before. It touched the 0.919-1.129 section, which is the current 3rd section, and rose. In addition, since the HA-Low and HA-High indicators on the 1D chart were created below 1.343, if the price is maintained above 1.343, it is expected to rise to the 2nd interval around 1.828-2.045. Since the HA-Low indicator of the 1W chart has not yet been created, it is recommended to use the HA-Low and HA-High indicators of the 1D chart to increase the number of coins (tokens) corresponding to the profit. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
1