OPUSDT possibility hit 2.0OPUSDT possibility hit 2.0
Wait for break correction to go Long
Long: 1.67-1.77
Long target 2.0
Goodluck Friends!
OPUSDT trade ideas
OP FACES MAIN RESISTANCE : TIME FOR PULLBACK NASDAQ:OP is bouncing from a bullish trend, boosted by an order block (OB) zone and an unfilled CME gap lurking below.
Short-term, look for NASDAQ:OP to test support near 1.48. If the CME gap fills, a drop to around 1.32 is possible. On a bullish note, if momentum holds, we might see a rise back toward 1.99.
OP Swing Long Market Structure Shift Analysis - OP is currently trading at 1.4$
- OP is also carrying the best structure when it comes to Altcoins
- It's back to its previous yearly base where we saw the expansionary move from
- It's going to be very important to see whether OP fades away and falls below this zone or maintains its yearly area of interest
- Market Structure Shift will lead to a Parabollic rally in OP
- If you are interested in SPOT then 1-1.4$ can be a very good range to accumulate OP
Optimism (OP) CHART ANALYSIS OP is showing bullish tendency as it is trying to recover from market crash in start of August. It is forming a falling wedge pattern, which is well known bullish sign.
Short term Target could be 2.00 region, if bullish momentum continues we could expect 3.5, and mid term would be 5.00.
Will OP Price Rebound To The High Of $3 Soon?Optimism has a market cap of $1.9 Billion and is currently ranked 44th in the crypto verse. The volume of the asset has observed a gain of 55% in the last 24 hours. OP token price is currently trading near the value of $1.77 with a drop of 31% in the last month.
OP price is currently in a weak bearish trend on the daily chart. It is trading below the 50 and 100 EMA on the daily chart. The upside trend of OP can see a halt near the value of $2.1. Meanwhile,the support of the asset price can be observed near $1.5.
The RSI of OP price is currently near 37 with a small positive slope. The overall sentiment of the RSI is bearish in nature.
OP/USDT SWING TRADE (90% Potential Profits)Hello guys, OP/USDT has broken the trendline with enough volume. what we have to do is wait for the price to retest the trendline, based on the price action we can enter a long position. if the price breaks the trendline downwards then the chart will invalidate. we can buy this coin on the spot also, and we can book around 90% profits.
ENTER:2.5 TO 2.6
T1:3.37
T2:4
T3:4.8
STOP: 2.2
NOTE: I am not a professional and also this is not financial advice just testing my skills always DYOR
OP vs XTZ, same chart > OP suppose dump 50%Let's take a look for these 2 coins, same chart > XTX dumping hard after reach ATH
OP - many group said it can reach 2 digit coins, but my point of view > will dump hard like XTZ
Chart never lies & History repeats soon.
OP: Keep watch for potential longterm bullish signs. 🚀💎 Paradisers, #OP is going to approach the BB zone, or in simpler terms, a previously broken resistance zone that could now act as support.
💎If #OPUSDT exhibits a Change of Character (CHoCH) and Break of Structure (BOS) from this area, we can anticipate a bounce from this level.
💎Should this level break down, our next area to watch for a potential bounce is the demand level, though we'll need confirmation before proceeding with any trades.
💎However, if the price breaks down through both these levels without confirmation, a bearish move might be expected. Nevertheless, I am not focusing on bearish strategies at the moment and would advise caution with short positions for now.
OP Technical Analysis - OP is currently trading at 3.3$ 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 now, I would highly recommend that you wait for a retracement first
OPUSDT: Watch for Neckline Retest & Bullish OB Confirmation. 💎 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, which coincides with a strong Bullish OB (Order Block) characterized by FVG (Fair Value Gap) above it. Any formation of a bullish candle in this area would be considered confirmation of the bullish trend.
💎However, if the price breaks down below the bullish OB, it would be prudent to wait and ignore trading OP until clearer price action emerges. It's important to note that due to the overall bullish trend in the market, bearish scenarios are less likely at this time.
OP, Description of the 5 Day wavesOP 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 that we will have a bullrun this month. We are also excited to witness this moment! Note: This is a market view article, not investment advice!
Short potentialOn 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 (Futures) ↗️↗️ (Long)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 @ $2.98
OP/USDT LONG OPUSDT looks extremely bullish here breaking above major resistance. Looking for at least 50-70% run up from here with about 10% SL.
Would be a good spot buy here
Resistance break
Optimism Trade Idea Optimism 1D Update:
- Op has been consolidating in the same zone for 2 months.
- Price action looks contracted in a range
- The overall market scenario looks bullish
- Op currently is sitting on the verge of a strong breakout
- Accumulation Zone - 1.35-1.4$
- Targets - 1.8$ - 2.6$
Optimism Buy Setup 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 BNB Price Analysis: Short UpdateOP 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 vertical support be breached, we could witness a downward movement towards 1.35, which coincides with a significant horizontal support level.
Bearish Breakdown: A drop below 1.35 could signify a more bearish sentiment, potentially leading to a further decline down to 1.06. It's essential to monitor the price action closely during this phase.
BTC Impact: In the event of a sharp decline in Bitcoin's value, there's a potential scenario where OP might experience an extended drop down to 0.92. BTC's influence on the market could contribute to increased volatility.
OP shortOP 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.
OPUSDT i have two poi
on screen if market tap on the first
poi and get rection like scob
then we will enter for short
