OPUSDTOPUSDT seems to be in good bullish momentum and at the verge of breakout. Currently the instrument is facing resistance from but seems like it is ready to break it. if the price successfully close above 1.65, will be good buying option.
OPUSDT trade ideas
opFrom either side, I open a position for the opposite direction. When it reaches the green lines, I buy for those red lines, when it reaches the red lines, I sell for the lower lines.
OP Buy SetupHere is My Study on OP
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This Is Not A Finacial Advise
The strength is with the fall, but let's surf a littleOP currency is close to its downward trend and the distance it has to this downward trend can be considered as a growth and a target as seen in two important ranges in support and resistance with 13% growth, so according to probability analysis A short growth followed by a fall is not far off
Brief Analysis ——OPAfter the FUD of SEC, as representatives of Optimistic-Rollup, OP and ARB rebounded stronger than many other tokens. In the second half of the year, ETH will usher in an important upgrade, Dencun, which will reduce the transaction fee of L2, which is beneficial to OP and ARB. And it is likely that other L2-tokens will appear in the second half of the year, making Layer 2 a new focus. Today we bring the brief analysis of OP, ARB and GMX.
After investors unlocked OP tokens, the selling pressure increased, making it difficult for the price to go up. But on the other hand, the joint launch of BASE with Coinbase will also boost the OP ecosystem.
After the FUD of SEC, OP first rose and then slowly fell. Price pimped again last Thursday, approaching the highs in late June. Although it is neutral at a large level, every time the price is close to or below 1.2, the bulls strengthened. You can find it from the length of the green candles and the significantly high trading volume. In the near term, the price did not break out the previous high and the green candle has an upward pin-bar on Friday. It's very long. Bulls decayed. But the bears haven’t increased, with a downward pin-bar on the candle on Sunday.
Conclusion: The high probability rise has not ended. According to huge volume and disappearing shorts, we make this conclusion. The bulls will maintain the price at this position, waiting for the launch of the next attack. We set resistance level at 1.65 and support level at 1.18.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
OP more pump possible?#OP still moving in broadening channel, Continuation still possible unto next liquidity zones
Optimist coin trading idea.Optimist coin trading idea.
The asset looks good. Took +15% from it today. Let's repeat the setup. The most important thing is that Bitcoin does not ruin the mini alt season)
1.35$ -1.37$ I will take a second long position.
This is the mirror level - provided we trade on it. But I think there will be no failure.
Today is good news and #Bitcoin looks bullish.
My analysis and the Smart Money strategy points to buy the asset.
I wish you, my dear colleagues, a good week.
OPUSDT important support at 1.4520OPUSDT important support at 1.4520
every thing is on chart
Good Luck.
OPUSDT UpdateBINANCE:OPUSDT current situation is as follows:
OP is currently in a neutral position. In my previous post, I correctly predicted a 40% growth and a 20% price drop for this currency. However, the price is now caught between strong support and resistance, and I don't want to take any trades in between.
But where and when should we enter a short or long position?
I'm waiting for one of these two scenarios to occur. Either the resistance line breaks with strength and the daily candle closes above the resistance level with a significant gap, and then I wait for a retest, or the same conditions occur for the support line.
Apart from these two scenarios, I have no intention of entering a position because I don't want to get stuck in this range, and I want to catch the larger waves.
⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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OP Buy TradeHere Is My Study On OP.
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
weekend trade setup here is an scalp trade with a very small stop loss and a big target point {THIS trade is valid for weekend only } set the limit orders and enjoy weekend
Altcoins mini-season, don't miss OPOn daily TF,
Optimism BINANCE:OPUSDT has bounced from $1.2 and it's trading around 1.32 now.
Market Cap excluded BTC and ETH that's broken R/C. It mean altcoins mini-season is coming.
OP has more room to go up. The target around $1.9
Wait and see
OP LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG 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
opusdt possible shortthis orange 4h level is important level , if we keep laddering from this level we will target the 1.200
and if we dont ladder from this 4h level to downside we will toch the daily level wich will tell us that we are going upside to 1.642 level
so now i am in a short at 1.476 level if we come up again i will exit the short and enter long to target 1.642 level
good luck everyone.
TRADE OF THE DAY | OP Potential 34%TRADE OF THE DAY | OP Potential 34%
| Targets On The Chart
Looking like a very strong breakout of local trend and a strong breakout on the RVD - very volatility market atm so a big stop-loss is in play although we could be at the start of a bull market after the XRP news - worth taking a few longer term long positions.
$OP Something to track over the following days 😏NASDAQ:OP
Something to track over the following days 😏
UCTS showing a potential 2D Buy
OPUSD ❕ broke up the channelTrading volumes are up.
The 50EMA broke upwards through the 200EMA on the 1H TF.
I believe that the asset price will continue to rise after overcoming the nearest resistance.
OPUSDT interesting point to make at least 10%OPUSDT interesting point to make at least 10%
the 1.1988 level is so important
if we break down we will target 1.0989, and the break downside breaks the ladder that happened after bouncing from the weekly support level (0.9230)
and if we hold this 1.1988 level that we are at right now there will be a bullish volume that targets 1.3544 daily level at least
so right now the chance of holding the move upside is the most likely scenario.
Long OP !!!H&S in the 4H frame, we can open a long position from this level.
Entry: 1.32-1.33
TP: 1.48
SL: 1.28
Good luck everyone!
OptimismusdtChart looks really healthy here
Obv breaking out into bullish zone
At longterm low uptrend
Supertrend flipping green
Breaking downtrend
That high label is also the .618 of the charts high/low so could target this region albeit its hard to see a 60% move in current conditions but a few old coins have been rallying large %s so could be a thing in the mid term
Either way looks like a safe entry with clearly defined invalidation
