OP Long Entry Setup (High Probability)I expect OP to get to the highlighted demand zone area in order for a reversal.
NFA
OPUSDT.P trade ideas
OPUSDT is testing the demand zoneOPUSDT is testing a key level around the $2.1 area, where there is a significant demand zone. This means that there is a high level of buying interest from traders at this price level, which could potentially lead to a price increase if the demand holds.
In order for the price of OPUSDT to continue to move higher, it needs to create a breakout from both dynamic and static resistance levels. This would indicate that the buying pressure is strong enough to overcome the selling pressure and push the price higher.
Once the breakout occurs, it's important for the price of OPUSDT to retest the resistance level as new support. This would confirm that the breakout was successful and provide a strong foundation for a new long position.
Traders looking to enter a long position on OPUSDT should be targeting the $2.5 area as the next resistance level
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
OP minor correction before the big move (Long)OP needs to grab some liquidity before the pump. The highlighted demand zone looks like a good entry point since it is an unmitigated order block zone as well.
NFA
✅TS ❕ OPUSD: reached the support area✅✅ OP reached the support area.
The volatility of the chart movement has decreased.
The price of the asset has rebounded from the current area. ✅
🚀 BUY scenario: long to 2.316 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
OPUSDTHello there,
*Mars Signals Team wishes you high profits*
This is a 4-hour-time frame analysis for OPUSDT
In this chart, R2 and R1 are our resistance areas in which the unsuccessful triumphs of price is clearly seen. And finally at the bottom of the chart, we have S1 which is the long-term support line and contains the support of price at different points since the past. The price past trend illustrates its well support at two points at S1 and after each support, it faced more rise to higher amounts including R1 and R2. The existence of a head and shoulders pattern means that the price formed the head part of the pattern when it was rejected at R2 and now it is moving over S1 again. Hence, the price is fluctuating at this point and experience a rise up to the resistance areas. These will be the good points for saving your profits. Or if possibly the price is believed to be supported again and by rising toward R1 falling for another time, we expect the right shoulder of the pattern to be completed. But in case the price falls below the support area, then more decline happens to it. Even by more fluctuation and support above R1 area, more rise is waiting for the price. Note that it is recommended to wait for some confirmation candles and make sure of your next action in trading. In case you are interested in experiencing profitable trades and wise actions in your analyses, we have several points and tips in our updates.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you success
opIf cannot pass the first resistance, is likely to go to the green box and hit higher targets and lines
OP minor correction before the big move (Short)I expect a reversal from highlighted area (Strong supply zone) to the downside before making a big move upward.
NFA
OP/USDT potential movements here! Hey traders 👋
Let's take a look at OP coin here which is testing multiple times that lower support zone. We might be too early to take a position currently so we need to wait for attentional confirmations here which we have displayed on the chart as well!
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Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
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.
