OPUSDTOP ~ 1D
#OP Make purchases gradually after breaking through the resistance line of this descending pattern.
OPUSDT trade ideas
OP primed up for Bullish RunBouncing up off strong support zone. Low risk run up to range of at least 23.6% fib - 36.8% ($2.38 exit for 1st TP)
OP primed up for Bullish RunBouncing up off strong support zone. Low risk run up to range of at least 23.6% fib - 36.8% ($2.38 exit for 1st TP)
Optimism (OP): Looking For Zone of WeaknessThe Optimism coin is looking interesting after forming a nice, sharp trend over a 4-hour timeframe.
We are looking here for a possible rejection to happen from 200EMA, which would result in a break of trend and a downward movement so let's see.
Swallow Team
OPUSDThighly regarded l2 after unlock event and selloff..
think the total 3 mcap sees a resurge in september tbh
undervalued across the board out of the top 15 or so
OP#op
#opusdt
4h time frame
Wait for break out either upside or downside
Good chance to make money
Fallow for free updates on x
OPUSDT.PPrice has fixed up above the retested support. Waiting for trend continuation till the next resistance zones, which are mentioned as a targets on chart.
Trade cancelation will occur if support will be lost, and price will fix below it.
DYOR
OpusdtMight just range it here for a while tbh..
Wouldn't discount the idea that this whole move is simply a massive deviation to the downside and it simply reclaims the above range again soon tbh..
But sell pressure has been astounding since the eth sell the news etf launch.. so might just be ranging it till November also
LONG OP/USDTbuy with limit orders at levels marked with green lines
sell with one order at the red line
OP Bullish breakoutOP broke out of downtrend and holding support after retest
next coming days we will see it push to prices marked above
OP/USDT🔍 OP/USDT Analysis: Key Dates for Strategic Accumulation and Long Positions 🚀
On the OP/USDT charts, several critical dates marked by green dashed lines indicate potential moments for strategic accumulation or long entries:
September 1, 2024, 21:00 (PDT): A significant local low is anticipated around this time, as shown on the first chart. This could be an optimal moment to consider accumulating OP or entering long positions, as the market may present favorable conditions.
September 5, 2024, to December 25, 2024: The second chart highlights a series of dates (September 5, October 15, November 12, and December 25) that could also mark local correction lows. These are potential opportunities to accumulate OP before further upward movements.
By aligning your trading strategy with these key dates, you can maximize your position in anticipation of potential market rebounds. Stay vigilant, and consider these dates as potential windows for optimizing your entry points in the OP market.
#OPUSDT #CryptoTrading #MarketTiming #InvestmentStrategy
Optimism - Long setupI believe we will see another dip into ~1.3$ later this day/after weekly open. Obvious key level would be 2$ which would be our first target. Main target somewhere around 2.5-2.6 by end of august.
Stay safe!
OP - Excellent opportunity or will the support break ? BINANCE:OPUSDT (1W CHART) Technical Analysis Update
OP is currently trading at $1.764 and price has reached the bottom of the channel, OP has been trading inside the range and currently price has reached the bottom support line, in the past this support line held strongly multiple times and we are expecting the same this time. If the price bounces back then there is an opportunity for new ATH.
Entry level: $ 1.764
Stop Loss Level: $ 1.290
TakeProfit 1: $ 2.054
TakeProfit 2: $ 2.704
TakeProfit 3: $ 3.845
TakeProfit 4: $ 4.788
TakeProfit 5: $ 6.741
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
OPUSDT 1D#OP has recovered quickly, and we are bullish on it. It has formed a falling wedge pattern on the daily chart and is heading toward testing the pattern’s resistance line. A 250% upward movement is expected if it breaks out above the pattern.
Op Looks Bullish A Well-Known Project Op Recently Experienced A Correction Due To The Market Crash Caused By Middle East Tensions. However, It Is Now Recovering And Has Formed A Falling Wedge Pattern, Expecting Massive Bullish Wave Towards 5$ Incase Of Successful Breakout
OP is ready to shortttt. !!! Don't Follow me !!! OP can take the downtrend from the specified position, wait for it to reach the specified points and then take a short position.
!!! Don't Follow me !!!🔥
Optimism setup long and short for future trade As shown below, since three months ago, the ETHBTC reaction has been occurring and slowly taking control. This can be used on coins that are tied to ETH. Fundamentally excellent price for DCA, but I would like to show the chance to those who deal with future trade.
With the setup, it is great to find where our analyzes are no longer valid and we need to admit that we are not right. Optimism is one of the coins that correctly did 1,2,3 according to Elliot. Now the question is whether the 4th wave will manage to reach our order, but we must be disciplined because this analysis is canceled if the fourth wave reaches deep enough to the first, where the setup is no longer valid.
Why this setup gives us the possibility of long - here is daily fvg, 4h fvg, 2h fvg, fibonacci for retest as well as theoretical knowledge about Elliott waves
OPUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
OP - LONG POSITIONIn the OP/USDT pair on the daily timeframe (Heikin-Ashi candles), we are anticipating a possible double bottom formation after a double top formation. According to the double bottom formation, it would be reasonable to take a long position with a 7% stop loss after the price reaches the 1.147 level. Our initial interim target level will be 1.94, which corresponds to the middle of the range, and our second main target level will be 3.028.
OP perp perfomance in last 8 months in 2024We have seen a sharp decline in altcoins recently. Including OP. Looking at the whole process, OP had finish a cycle up and down. What are the buying and selling points? With the S1-TM strategy, we had 77 closed orderss, with a net profit of ~121% (including commissions). This is quite acceptable for autotrade.
NOTE: This is my personal opinion on this strategy. This is not investment advice!!!. The market always has risks and opportunities. Please consider carefully before making any decision!
OPUSD Accumulation cyllinder.Hi everybody.
Noticed COINBASE:OPUSD chart and volume is fitting the accumulation cyllinder.
I opened some longs (spot) for the midterm.
Will also update this now and then
Optimism: Strategic Insight and Growth PotentialI gathered data from Coinbase in the Orderbook and marked significant limit orders placed before Optimism's price correction.
These are likely targets for Optimism's journey to the Moon ($12-$42).
May the force be with us.
