💎 Paradisers, #OP is going to approach the BB zone, or in simpler terms, a previously broken resistance zone that could now act as support. 💎If #OPUSDT exhibits a Change of Character (CHoCH) and Break of Structure (BOS) from this area, we can anticipate a bounce from this level. 💎Should this level break down, our next area to watch for a potential bounce is the...
- OP is currently trading at 3.3$ at the time of publishing this - Layer 2 has a powerful narrative because VanEck expects Layer 2 as a whole to grow more - Technically L2 looks solid and if you are already holding OP then continue holding this - If you want to add OP, let it breach 3.6$ or its previous swing high first post that we will evaluate again. As of...
💎 OPUSDT has recently broken out of an inverse head and shoulders pattern, which typically signals a bullish move. 💎Additionally, OP has displayed CHoCH (Change Of Character) & BOS (Break Of Structure), further supporting the bullish market structure. 💎Currently, the price is approaching a retest of the neckline area of the inverse head and shoulders pattern,...
OP completed wave I according to frame D, which was terrible. At the same time, OP has also finished adjusting his updated trend, preparing to enter wave III in frame D, estimated to reach 27 - 30 USD in the near future. In the H4 frame, we see that OP has just finished adjusting at the 38.2% Fibonacci level for the rhythm cycle (i) of wave III, it is very likely...
On day chart I see the support around $2.4 On 4h TF After OP breakdown $2.9 it made another structure from up to down if OP close below swing low $2.615 so need to wait for confirmation OP has resistance around $3.25 and strong support around $2.4 this level is target for short position Time will tell
OP/USDT is about to break $3.35. If it flips on the upside, The next Resistance is $3.8. Buy @3.25- 3.35 🎯 Targets: 1) 3.4 - Take 10% profit, change SL to Entry. 2) 3.5 - Take 20% profit. 3) 3.6 - Take 30% Profit. 4) 3.7 - Take 15% Profit. 5) 3.8 - Take 15% Profit, Let the 10% run till you want. 🛑Stop Loss @ $2.98
. Strong support level rejection . Diamond bottom breakout Trade planning RRR 1:3
. Strong support level rejection . Desending triangle breakout RRR 1:5
2.17 to 2.00 an entry point inside Risk Reward ratio = 1:5
OPUSDT looks extremely bullish here breaking above major resistance. Looking for at least 50-70% run up from here with about 10% SL. Would be a good spot buy here Resistance break
Optimism 1D Update: - Op has been consolidating in the same zone for 2 months. - Price action looks contracted in a range - The overall market scenario looks bullish - Op currently is sitting on the verge of a strong breakout - Accumulation Zone - 1.35-1.4$ - Targets - 1.8$ - 2.6$
Optimism 1D Update - Price is currently consolidating at the same range - It will be interesting to see if it can break out of the range change the structure and move with huge volume. - Accumulation Zone - 1.35.-1.45 - Targets - 1.8$, 2$, 2.7$ - I am bullish on OP for the long term I don't believe in a short-term move. - Hold Period - 3-6 months.
OP currently trading at support It will consolidate little then break out the triangle
OP token's price trends! OP, a layer2 protocol, is currently situated at a crucial juncture with its vertical support at 1.42. In this video, we delve into the possible scenarios that might unfold based on its current trading position. 🔍 Analysis Highlights: Vertical Support at $1.42: We're keeping a close eye on OP's performance at this level. Should the...
OP has lost its up trend. Broke below the trend line. Now 0.5 fib level is acting as resistance. Level 0 is for long term spot holding. For futures, swing short can be taken until it shows some strength again. I am bearish. Comments are welcome.
i have two poi on screen if market tap on the first poi and get rection like scob then we will enter for short
💎 Paradisers, let's zoom into OP/USDT. On the 1-hour chart, a head and shoulder pattern is taking shape. However, there's a twist: the right shoulder is a tad shorter than the left one. This suggests we might need to see some consolidation before any potential breakdown of the demand and neckline zone at 1.394. 💎 If OP/USDT does break below this zone, our sights...
breaking trend line. i will think time to long on op Entry it 1.44 to 1.47 SL 1.42 TP 1 1.51 TP 2 2.54 TP 3 1.64 and use trailing stop loss