Hello Traders! CTDave here again with another daily price analysis chart.
Today I will analyze Optimism (OP).
I marked three possible outcomes. The one I think is going to be the most probable, is the blue arrow.
I entered a long position at $0.988 and I will set a long order at $0.95 as well. I'm going to take profit at $1.60 because I don't like to wait a lot.
What do you think?
As always, I encourage everyone to please like, comment, and share my ideas, and follow me for more of these posts to be kept updated. Happy trading! Thank you!
Note: I am not a financial advisor, please do not trade solely based on my trading decisions. Do your own research or consult a professional financial advisor before conducting a trade.
Order cancelled
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Oof! Hit my Stop loss. I am disappointed because that rarely happens to me.