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TheRealCryptoDaddi
Mar 19, 2024 7:13 PM

$OP - 2H LTF Bearish Trend Reversal Long

OP / TetherUSBinance

Description

I believe we have found a local bottom for NASDAQ:OP around $2.98.
I had bids set at $2.95 so bummed that those didn't fill.
However, I did add to my already long position between $3.05-3.15

The market want's more I believe & Optimism is too hard to ignore.

Really liking the reaction that I'm seeing out of it at the moment in current market conditions as a lot of other bigger tokens bleed off.

For perspective, I longed this orginally around $4.30 & have been DCA on the pull back since.

My theory is that NASDAQ:BASE is getting A LOT of attention rn from Coinbase & BASE relies on the success of Optimism. If Brian Armstrong & coinbase bros start talking about OP as a good investment... I believe the markets react HUGE.

Please be safe & assume all responsibility for your own trades.

Comment

Not exact but pretty dang close.
Let's see how she finishes!
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