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OP / TetherUS

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OPUSDT trade ideas

HIGHER TARGETS EXPECTED FOR OP?Hello Traders & Investors! I wanted to take a look at OP, as per dreamland_cyber's request Thank you for submitting this request! :)) OP had been consolidating within a symmetrical triangle, for almost a month. We were able to deduce a valid consolidation as volume was getting lower and lower as OP made its way to the apex. Finally testing the 0.786 FE level as support before breaking out with very high volume to the upside! My target for OP would be the 1.0 Fib extension level of 3.5733
Long
by marktiu
3
OPUSDTWhat Is Optimism (OP)? Optimism (OP) is a layer-two blockchain on top of Ethereum. Optimism benefits from the security of the Ethereum mainnet and helps scale the Ethereum ecosystem by using optimistic rollups. That means transactions are trustlessly recorded on Optimism but ultimately secured on Ethereum. Optimism is one of the biggest scaling solutions for Ethereum with over $500 million in TVL. It is home to 97 protocols, the biggest being Synthetix (SNX), a derivatives exchange, Uniswap (UNI), a DEX, and Velodrome (VELO), an AMM. Users can begin their journey on Optimism by adding the chain on their Metamask and bridging tokens like ETH to the L2. On May 31, 2022, Optimism conducted a highly anticipated airdrop of its OP token.
Long
by SENKU-SAN
OP/USDT zones we are looking forHey traders 👋 Let's kick off this day with OP coin here. We haven't looked at this one for some time now so let's get back to it. We see a similar pattern has been forming while we were at bullish movement (Bullish run - correctional zone (Pink) - another bullish run). But this time we broke down from this pattern and currently we are trading between 100EMA and 200EMA. 100EMA was broken without any hesitation ad we see that there is a good chance for going towards 200EMA. 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.
by SwallowPremium
4
Interpretation of cryptocurrency market on February 9th 2023Last night US stocks saw a decline, and crypto also returned to its current sideways range again. The varieties related to Shanghai upgrade are obviously strong pledge leader LDO has set a new record high. The direct beneficiary tokens of Shanghai Upgrade are naturally ETH and the pledge track. The Institute introduced the benefits of pledging through Lido at the beginning of Lido's coin offering five months ago. After Shanghai Upgrade boosted pledge confidence, the advantages of a low threshold and no verification will naturally amplify. If you have not laid out LDO tokens before, you can also get a similar profit margin if you choose to leverage long ETH directly in the contract. From last night's adjustment, the bottom of ETH is constantly raised, as is the vital feature. If it is said that the market has been ahead of the price of the species to chase high risk, then we can look at the future of the good. In addition to macro and EIP4844, this upgrade will be directly beneficial to layer2. The focus is naturally OP, such as leading tokens. Currently, the funds are in rotating positions because of the Shanghai upgrade. The Shanghai upgrade is not related to the OP in last night's adjustment directly down through the recent shock low, which is relatively weak. In contrast, adjusting the advance layout behind the good is also a good choice.
Long
by BKEXFutures