OPUSDT trade ideas
long OPNASDAQ:OP bounced off the support level. Bullish movement to resistance level at 2.77$ is likely to happen.
W9-31 OP BULLISH IDEA (HARMONICS BULLISH PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
OP additional analysis Everything is going according to plan that I said in my last analysis about OP.
I expect that the daily candle of today be a green reversal candle to 2.67$.
Dont worry, Don't be upset about the recent drop, it was a normal move, it was just a part of the natural procedure of price.
Keep your positions and wait to gain a good profit.
The daily green candles will appears soon.
Good luck👊🏿
Op rangeThink it bounces into a range like this, that bearish breaker has been tested twice from upside and not once from downside
OP is ready to jump over 3$This coin needed to pullback into these areas to gain momentum to start a rally over 3$.
As I said a few days ago, symmetrical triangle pattern has been completed, and now the price has been accomplished a pullback to upper edge of mentioned pattern, and now everything is ready to start a move to 3.28$.
If we want to do a more detailed investigation, we should use Fib RET tool, according to Fib RET in 4H TF, 0.618 level played a supporting role well, and caused a price reversal.
Now we should wait for a bounce from here.
This is not a financial advice, this is just my idea👊🏿
Good luck, be profitable👊🏿
Opusdt Buy opportunityOPUSDT has recently experienced a breakout from an ascending triangle pattern, a bullish technical formation that I believe must have caught the attention of majority of traders and investors.
Following the breakout, the price pulled back to retest the neckline of the triangle, which has now become a major area of interest for buyers.
The neckline, previously acting as resistance, now serves as a crucial support level. After retesting the neckline, OPUSDT has bounced off the support, indicating a strong likelihood of further upside. This price action suggests that the bullish momentum remains intact, with the asset targeting a price range between $11 and $16.
It's essential for us to keep an eye on the overall market sentiment and other technical indicators, as unforeseen factors could impact OPUSDT's price trajectory. Proper risk management techniques, including setting stop-loss orders and position sizing, should also be employed to protect against potential losses.
Do make sure to appreciate my view with your likes.
Op shortBlue is 12 he bearish ob, then bearish breaker inside that. Wicked up to the 1h bearish order block, stops up there target liquidity below
OPUSD ❕ strong supportOP confirmed the support level again.
The asset has fixed above 50EMA on the 4H Timeframe.
I expect the price growth to continue.
OP/USDT 0.786 Retracement Target 4.1 The Trade from SFP 2.46 is still in play no profit has been taken yet. remember to do your own research it's not Financial Advice. Stay safe.
TP 1 - 3
TP 2 - 3.5
TP 3 - 4.2
OP/USDT 0.786 Retracement Target 4.1 Based on my analysis, it appears that there is a breakout of OP Optimism, which has seen it shoot up and retrace 0.786. This particular retracement level is known to be a significant area for altcoin retracements. I have observed that OP has managed to hold above turning resistance, thereby transforming it into support. While there may be some resistance at 2.9 and 3.1, I believe that it will ultimately break out cleanly, leading to a surge towards 4.1.
To conduct this analysis, I have used a range of technical indicators including Fibonacci retracement levels, fixed area volume, anchored Vvap, and horizontal supports. With a leverage of 5X, my position was opened at 2.1 and closed at 2.8 before being reopened at 2.6, which corresponds to the 0.786 retracement level.
Based on my analysis, I have identified three take-profit levels, with the first target set at 3.1, followed by 3.5 and 4.2 respectively. I will continue to monitor the market closely, and once OP reaches the 4.1 level, I will conduct further analysis to determine the best course of action.
Leverage 5 X
Position open 2.1
Closed 2.8
reopened at 2.6 (0.786)
TP 1 3.1
TP 2 3.5
TP 4.2
OP/USDT Bullish Flag formationOPUSDT is forming a bullish flag with a Harmonic Pattern and looks bullish if it breaks above our Buy Stop Point.
OP - Bullish Follow-ThroughSo far, price action as followed very predictable levels.
As expected, we had a bullish movement that broke 2.40 resistance, now support. This level, together the bottom of the rising channel, should keep price away from new lows.
Note that the middle of the channel is acting as resistance, but its more likely that it will eventually be broken and the top of the channel will be tested.
Invalidation with a daily close below 2.176.
OP/USDT 0.786 Retracement Target buy at 2.6 perhaps 2.57 to3.1 A perfect retracement from 0.786 level I am still expecting 3 then 3.2 and at last 3.7. notice i am not taking any profits before that if we get further lows I will be adding more.
OP/USDT 0.786 Retracement Target buy at 2.6 perhaps 2.57 to3.1 The plan is still the same orders filled let's see if we can get our results.
OP/USDT 0.786 Retracement Target 3.1 0.786 retracement generally works really well for Altcoins after a rally to the upside.
price retesting the golden level🔸I think op is one of the leading currencies right now
as u can see in daily chart that:
🔸 breaking the upper side of bullish pennant
🔸breaking 50 ma and make it as a support
🔸breakout the 0.618 fib golden level
🔸my target would be 5$
dont forget to support us with ur like , comment anf follow for more ideas🎯
LONGEP1: 2.55
EP2: 2.48
Stop : around 6.00%
It does not need much explanation, the dependence of entry and stop loss on trend lines only
OP try for another massive breakoutOP / USDT
Price try to repeat the last 2 massive breakouts in a similar pattern
Will history repeat itself again
#DIOR
Best of luck
OPUSDT - Buy Setup!!OPUSDT (1D Chart) Technical analysis
OPUSDT (1D Chart) Currently trading at $2.56
Buy level: Above $2.55
Stop loss: Below $2.15
TP1: $2.9
TP2: $3.25
TP3: $ 4
TP4: $ 5
Max Leverage 2x
Always keep Stop loss
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OP NEW UPDATE Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the OP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
