Reday for next waveFundamentaly, OP has a lot of growing potential in future. Optimism is one of the biggest scaling solutions for Ethereum.
Technically, it had almost 4 similar waves later and I tink a strong support is formed around 2.0 USD. In my oponion, it will start next wave soon and if bullmarket continues, it will break RS arond 3.0 USD.
Do your research, good luck
OPUSDT trade ideas
👀The Big picture $Op analysis general outlook👀.Weekly Chart! If you ever wonder where we are in terms of potential, take a good look at this weekly chart and understand we you are currently . I personally believe we going to see one large monthly candle in april based on the data provided. Expecting 60-130% april candle based on previous chart activities. Could be more or less but 100% gains is quite achievable for the month of april. I will update this chart as we move along!
Whether it can rise along the rising channel is the keyHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(OPUSDT chart)
The HA-High indicator on the 1W chart formed at the 2.498 point.
Therefore, if it fails to rise above 2.498, it may lead to further declines, so we need to think about countermeasures.
However, since the MS-Signal indicator of the 1W chart is passing around 2.045, you need to check whether it is supported around the 2nd section of 1.828-2.045.
The tertiary range, 0.919-1.129, is a strong support and resistance range.
It is currently in a downtrend from the uptrend channel shown on the 1D chart.
Therefore, I think it is becoming important whether it can rise above 2.498.
-------------------------------------------------- -------------------------------------------
** 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.
---------------------------------
read the captionFriends, the condition of this currency is such that the market maker has not noticed the smell of smc rtm ict lit foton fantom (like Theta currency, which is simple and beautiful at the same time) and the logic of supply and demand advances and also turns into trading levels, definitely try to line The trend is also to buy even if it fails. Be careful and avoid sales transactions
OP/USDT At The Support Zone (Might Break)Hey, guys ✌️
We are back with our TA's. Today we start with OP coin where we see a potential drop to happen due to lack of volume at that support zone. Waiting for a breakdown after what we want to see a re-test and potential entry zone for us!
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.
The OP will continue to fallHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT 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
OP Optimism 3HR Optimism has been a great performer!
Could be in a falling Wedge/Triangle... but does have a double top that maybe already played out?1? <---
We do have Bitcoin that needs to cool off a bit with Dominance looking to pull back soon... when it does the alt coins will run better...
OP has a solid project, good coin to DCA for longer term hold IMO <---
Keeping an eye on this one
Good Luck Out There!
OP Bearish triangleThe instrument is squeezed under a cascade of levels in short, the downward trend of movement along the inclined line is maintained each time when approaching it, reacting with large sales, I expect a local trade of 5M TF, an increase in volumes in the breakdown of the level, the removal of stops of participants and movement to the marked zone
OP/USDT Still Inside Triangle FormationHey, traders ✌️
Let's take a peek at OP coin. We see that price is sitting just above the EMAs while inside the triangle formation - waiting here for price to find any sort of support for the price in order to see any decent movement. Currently we are just watching...
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.
Optimism(OP) will lose 💣at least➖12%💣of its value!!!Better to know first what is the Optmisim(OP) project.
What 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.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Optimis lost its support line after accepting defeat from the resistance line.
While losing the support line, it managed to form a descending channel, and now the lower line of this channel is also broken by the breakout candle.
I expect Optimism to drop to at least the 🟢support zone($2.24-$1.99)🟢.
Optimism Analyze ( OPUSDT ), 1-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
$OP/USDT 12h (#Bybit) Small falling wedge breakoutOptimism looks locally bullish and could bounce back on 100EMA support, towards previously broken levels.
⚡️⚡️ #OP/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 4.5%
Current Price:
2.4351
Entry Zone:
2.4351 - 2.2651
Take-Profit Targets:
1) 2.7689
2) 3.0840
3) 3.3993
Stop Targets:
1) 1.9998
Published By: @Zblaba
$OP #OPUSDT #Optimism #L2