OPIdea: The price dropped to the POC support level. The price is in the zone of very strong overprodnnost. A price rebound to $2.5 resistance is likely. A breakdown of this support level will lower the price to the $2-1.92 zone
OPUSDT trade ideas
OP targets liquidity block to breakwe have a large sell line at 2.50 that was created in Jan so we are once again being rejected at that area as I'm sure we will anytime we fall beneath it when we break-it 3$ range should come easy
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.
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.
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OP entries comments welcomeAll indications point to the retest being fullfilled at 2.45 area fib trendline liquidity But......... this thing rips and i dont want to miss a good entry
Give into fomo at 2.80?
OPTIMISM USDT KuCOIN - Parabolic Curve Optimism has been on a tear! Is it over?
Let it ride it what I say, OPUSDT has made a 150% + move to the upside since it broke out!
These are some of the most desired patterns to trade.
Are we in the 2nd base only?!?
Keeping an eye on this one for sure.
OPUSDT Up In 4HOptsdt after 3orC no move up to tp1 and we trail to higher price if wave 3orC is C and prepare to down wave 5 if 3orC is 3 and tp1 is 4 wave update chart soon
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.
OP USDT TPDAYApply your own risk management.
Daily and Weekly Targets
hunt the profits at any level you see convenient for you.
#OP right now is going straight to test the upper trend line, there is no Resistance range forward, Total MARKET/BTCD/BTC/DXY are all in an excellent level to push many alts further, like FTM, DYDX, MASK, ATA, APT
have a good day guys.
#OP (Y23.P1.Video4). Continuing on with the bullish storyHi Traders,
ALT season is coming into play.
Here are my thoughts on #OP #Optimism for the short term with defined assumptions.
All the best,
S.SAri
OPUSDT SHORT POSITION 4H
Everything is quite clear, just need to be patient to give us a good profit, please don't forget risk management!!!
If Bitcoin continues its normal trend, I expect this pattern to complete
OP USDT410% to $15
from 2.948
i think its a good chart, please do your own research, i just bought this in a tiny cash.
dyor
nfa.
opusdtHey traders, here is the analysi.
If you guys like my analysis please hit like👍 and follow.
Thanks.
DISCLAIMER- This is not financial advice.
OP is about to explodePerfect RSI just above the ATH and ready to explode... It may be at least a nice try to buy here..
Possible upward move in 24 hours.
Smash up the like button if you like my idea :) Thx.
