After a 550% bullish move from Opul, moving from 0.05 to 0.30 it looks like a head and shoulders signal is playing out. This may be a bearish signal that sends opul down another 50-80%.
I've placed my buy zone at 2 different levels to keep an eye on for potential investment points. First point is around the $0.11 to 0.085 area. The second point is around $0.055...
Some thoughts on OPULUSDT:
Daily: showing signs of a change in fortune. 10/20 EMA cradle has turned bullish.
12hr: looking very positive as well. Broken through the 100EMA and is retesting the 10/20EMA for a new support level.
4hr: Couple of shots of the 4hr showing possible targets if the $1 boundary (black line) is broken.
1hr: Showing...
OPUL has been on a constant downtrend since 17 of November, it is now approaching strong support around the $0.66c level, we may see a drop to around the the $0.50c level but I believe that will be short lived.
Some of the early investors vested tokens were released last week, and this will continue bi monthly for another 18 months, most have probably sold by...
With the strong fundamental, Opulous had some bad times by reason of bad market conditions and unlock the vesting tokens.
I believe that the time has come for this starlet.
Daily rsi breakout and macd looks bullish and giving buy sign.
Price in the buy zone for me. It's really worth a shot imo.
If the market and btc keep recovering $OPUL can bounce big.
Always do...
OPL will move in side-waves for the mid-term. After completion of side-waves, it moves further.
wait for the getting out from the consolidation period or buy-in support.
1-Always use stop-loss.
2-Always do critical self-reflection.
Thanks and happy trading.
$OPUL had a break out earlier , now need to see if continues.
wait for confirmation before get in .
Max. Supply
500,000,000 OPUL
Info
What is Opulous?
Opulous brings Decentralized Finance to the music industry, providing a launchpad for the first music copyright-backed NFTs as well as DeFi loans that will change how artists access the funding they need.
The...
Uptrending ever since being listed on major exchanges, price finally had first real pullback to 0.618 fib zone and trend line. Now just waiting for a break of this downward push and 0.5 fib level before push back up to previous ATH and higher
According to the previous analysis, it is on the path of optimal growth
Still looks great in the long run
It is currently growing slowly at $ 2.6
Short-term targets are outlined in the chart
For long-term targets , refer to the previous analysis
OPUL Opulous came out this past Sept. I dont know too much on it but members of my community are excited about it. It is currently on a nice uptrend tunnel. It did pierce the tunnel briefly but since it fell back into said tunnel we will move the lines soon. I plan on getting me some soon. Cheers - DiMarco
Opul is a music and creator focused token. I am bullish long term on the project overall due to being on the Algorand network, the connection with Yieldly, and that artists will always find the best ways to earn more!
Here are the fib extensions from highest high and lowest low as a framework for viewing larger zones.
Their website describes the project as -...
Best project for medium-term investment
Opulous is a project that will be a very powerful climb in the near future
We will hear more from it soon and I recommend you have it in your portfolio
Opulous is listed in KuCoin Exchange : OPUL/USDT
First target is 12$
