OPUSD ❕ reversalTD Sequential formed an up reversal signal (4H TF)
Price broke up through 50EMA (30m TF)
OP will continue to rise if it holds the support level.
OPUSDT trade ideas
OPUSDTOPUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now the retest of the broken level is highly possible, which is also the Fib retracement level.
If the sell momentum continues the next target could be 1.210 region.
What you guys think of this idea.
OP long - day trade and swing short updatedOur OP day trade did not give us the entire move we expected to get but some decent gains were attainable. Despite not having gotten to our tp at 1.43$ we managed to get an 'okay' push within the sluggish pa.
Closed it at be after taking some off around 1.4050$.
The overall swing short plan remains the same and have given us some decent pa so far. Taken some off and will look to add some more IF we get a good entry.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
OPUSDT BEARISHKeep eye on OP, its looking bearish so once minor support breaks then go for Short.But if BTC bullish then dont take trade.
OP has bearish signs!
🎗#OP/USDT 🎗
SHORT
Leverage: (10.0X)
Entry Targets:
1) 1.31
2) 1.33
Take Profit Targets:
1) 1.28
2) 1.26
3) 1.23
4) 1.21
5) 1.19
6) 1.17
7) 1.14
8) 1.12
Stop Targets:
1) 1.44
🟡Chart is speaking it self!
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Thank you for seeing idea .
Have a nice day and Good luck
🔴This is only an idea and not a financial advise ( NFA )🔴
OPUSDT, got rejected. BINANCE:OPUSDT.P
On 3D timeframe, it's clearly rejected from the major trendline. Very bearish
We can try to short it here.
Dont over leverage, this will take a long time to get full TP
Enjoy!!
Follow me for more chart analysis.
Patience is the key to success.
DYOR
Compression Zone by Bullish Signal, wait for breakoutChart 4H TF
OP is trading at 1.39x now
BINANCE:OPUSDT has support at 1.36 and lower at 1.32 and resistance by descending trend line
OP is in compression zone and when it's done, massive move will happen.
I think 3 scenarios for this case:
#1
#2
#3
I think some signals support for bullish, so I will wait for a breakout
Wait and see
OP long - day trade Quick OP long trade idea. We got a decent pullback on the NY open. Personally expecting us to hunt the buyside liquidity.
Will look for an entry if we break and hold above 1.3835$
Will adjust the stops around the lows (once they are confirmed)
Will look to target 1.43$ as a conservative entry.
I will then wait and see IF we get a deviation above to confirm the overall bearish swing trade we have discussed previously.
This is an aggressive and quick trade compared to the trades I normally post.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis merely a price action based analysis and does not constitute financial advice any form.
OP - Ranges template Here is a quick insight on why I am looking for a short on OP
With a clean chart and a simple range (red line) we can see that we are back within the 3M range. The latter has been acting as clean and clear point of indication for both buyside liquidity and sell side liquidity.
IF we are correct on the idea, once we confirm that we are back into the range pa should eventually try and chase the liquidity resting on the sell side around 1$.
By zooming out and re-contextualizing the trading ranges we can limit our margins of error, or at least know exactly when we are wrong and where the high probability trades are. Even after more than 4 years of trading I still utilize these HTF methods as it is really easy to get stuck on a bias and lost in ranges.
By zooming out and taking an helicopter view we allow ourself to RE-ASSESS, RE-CONTEXTUALIZE and JUSTIFY our trading plans and strategies.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
OP short - swing trade Here is what I am looking for in OP this week IF it sets up.
The ranges are clearly indicated and respected so far. We are currently pricing up above the first Monday (of September) open (these pa moments tend to be traps and create the wicks on the higher timeframes).
You do not want to get front ran on the move so wait for pa and the market to show you what it wants to do and the ACT UPON IT.
I will come back to the idea later in the day/week IF we get the set up. Feel free to analyze how pa is going to react and to understand the why's.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
OP : Good for order Block and SELLToday I will send you some good tokens that react to the ORDERBLOCK and SELL Position!
According to the chart, if you see the entry trigger and the confirmation candle, you can enter the position.
It will be very useful to have a minimum knowledge of technical analysis in the market for better use of these analyses.
In the end, don't forget capital management and compliance with risk to appropriate reward.
Good luck and profitable.
OP 3D MACRO LONG Not sure of my previous OP 3D Short idea as I just realised that wave 3(B) is not coming out of the base channel so it could be invalid or just an ugly Elliot wave.
Wave 4 respected the 0.382 Fib level so im 50/50 in the short idea.
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Im seeing a 3 touch breakout to the upper side confirmed by RSI & EMA Oscilators.
For extra confirmation I can also see that it is currently doing an ABC in the bigger picture Base channel.
Currently I will be waiting for the 8EMA to cross with 55 SMMA On my RSI Oscilator and hit a long at the breakout, if it ends up being a looser then I will hit a short for a 5th wave.
OP USDT Long OP good volume since op break resistance, now OP back to test support. Its time to enter long. Use Money management and control your risk
OP Buy Trade Let's embark on a thrilling journey through the intricacies of OPUSDT! 🚀 Join me as we dissect its price movements, uncover potential patterns, and reveal the hidden gems that could drive your crypto portfolio to new heights. Get ready for an in-depth analysis that's packed with insights and tailored just for you
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OPUSDT inside the channel On the chart we can see a descending falling channel. The price remains inside the channel.
If the price retests the downsloping support , it would be the entry for a long position.
The target would be at the downsloping resistance.
If the price moves higher and retests breaks the resistance , it would be the entry for a short position.
We would target the lower boundary of the channel.
Two possible scenarios are shown on the chart.
From Undervalued to Unstoppable - The Bullish Voyage Begins here
Hey there, traders in the know! Let's dive into some sizzling hot TA that will leave you craving more. Feast your eyes on BINANCE:OPUSDT.P - a coin that has taken us on a wild ride. Brace yourselves, because it's time for a jaw-dropping comeback!
BINANCE:OPUSDT.P is giving us one epic journey, honey! It fell back to that weekly support, but now it's time for a fabulous bounce back. Let me tell you, ever since it strutted onto the Binance stage in June, it's been rockin' a clear trend with some seriously established support. The true value of this bad boy is clearer than ever.
Now, let's talk about this multi-leg expansion. It's a little something that smart money uses to uncover the true value of a security. You see, it takes time for that true value to shine through. If the price goes above it, we've got an overvalued situation, and if it goes below, we're looking at an undervalued gem and a irresistible bargain. guess what? BINANCE:OPUSDT.P is smacked right in that undervalued territory like a hidden treasure waiting to be discovered, honey! The rejection of the support adds a touch of drama, fueling our confidence that a soaring journey awaits us. It's practically begging to shoot up to the moon!
So, are y'all ready to dive into this epic bull run journey? Don't forget to keep up with future updates on this idea by show your support with a boost, and staying tuned for all the juicy TA.
🔥 OP Bounce Trade Initiated: Preparing For Lift-OffLast month I made an analysis on OP where I discussed a great entry that I was watching alongside the bottom support of the bullish channel.
As of this week, we made an entry and we're currently in the process of reversing from the bottom support. With BTC showing signs of short-term strength, this bounce could very well play out as we expect.
A R/R of 23 makes this a very good trade for the next few months.
OP pushI believe that we can continue higher if we are able to secure support above the recent change of character and break of structure ...
also friend tech has seen an uptick again and opBNBs mainnet has launched so fundamentally op stack is gaining strength i am interested to see how this moves price action
Op swing short setupOp looking for great short opportunity. No mercy. I broke head and shoulder patter… and so weak
long OPNASDAQ:OP broke through a major descending resistance line. Bullish movement to $1.59 is expected to happen.
✴️ Optimism Next Target Around 4.75 (Massive 260% Potential)A bullish bias can be seen clearly on this chart based on higher lows. Optimism is set on a growth path as prices fluctuate.
We experienced a bearish wave recently followed by the beginning of a new bullish wave.
As it happened back in late 2022, this bullish wave first starts small... Only after months of bullish consolidation we see explosive growth.
It is getting closer and the potential is high for 260% or 4.78 as the next target. Can be lower, can be higher... This is just a projection but the bigger picture is up.
Namaste.
