After quite some downtrend and getting stuck in a triangle I expect the triangle to break downward which will most probably be a false breakout since it's an area of liquidity and start flying from the area that I highlighted which happens to be the entry price for the breakout signal! NFA
Hi dear friends, hope you are well and welcome to the new trade setup of Optimism (OP) with US Dollar pair. Previously we caught a nice trade of OP as below: Now on a daily time frame, OP has formed another bullish Gartley move for another price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
Breakout of Symmetrical Triangle Pattern strong candle following with another green candle (which is yet to close) on 4h chart. Let's see if existing candle forms above the previous close or not . If so, we can see OPUSDT hitting 3.22 again or can go further above within next 3-4 days . 🤘💯 Let's wait n watch
What Is Optimism (OP)? Optimism (OP) is a layer-two blockchain on top of Ethereum. Optimism benefits from the security of the Ethereum mainnet and helps scale the Ethereum ecosystem by using optimistic rollups. That means transactions are trustlessly recorded on Optimism but ultimately secured on Ethereum. Optimism is one of the biggest scaling solutions for...
As you can see on Optimism OP Coin 4h Price chart price broke the key resistance level at around $2.50 and if price comes down to this level again there would be a nice buying opportunity.
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The weekly timeframe looks bullish to the red zone. vanguard weekly movement prnt.sc On the hour, you see a wedge. It's a reversal pattern and it is not working out yet. We are in the sideways movement 1.90 = 1.70. Locally, the minimum is interesting in the breakdown and hitting of liquidity under the break price 1.76 The first scenario on the chart. The...
OPUSDT Technical analysis update Buy zone: Below 1.10 Stop loss: $0.983 Take Profit 1 : $1.18 Take Profit 2 : $1.30 Take Profit 3 : $1.41 Take Profit 4: $1.50 Always keep stop loss
OPUSDT (4h Chart) Technical analysis OPUSDT (4h Chart) Currently trading at $0.95 Buy level: Above $0.95 Stop loss: Below $0.88 TP1: $0.98 TP2: $1 TP3: $1.12 TP4: $1.2 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
I can not stress enough how bullish I am with this coin. It's use cases with rendering a more efficient ETH is in good confluence with the ETH technical itself. However, the whole chart of this coin is by far the most technical analysis appropriate chart I've seen in the altcoin world. The chart is self explanatory.
Hi dear friends, hope you are well and welcome to the new trade setup of Optimism (OP) with US Dollar pair. Previously we priceline of OP moved slightly down than PRZ level, however, then pumped well. Now on a 2-hr time frame, OP has formed a bullish BAT pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow...
OP price action has played within a descending channel for 115 days now. Twice has it tried to break out of it to the upside, with failure as sellers promptly send price crashing to the floor of the channel the 1st time, and an adjacent support trendline the second time. However, there have been 2 wicked breakouts to the downside, suggesting a demand liquidity...
🟢 OPUSDT TF: 12H Side: Long SL: $0.8624 TP 1: $0.9277 TP 2: $0.9681 TP 3: $1.007 Wait for the price to reach the red area and hold. RSI + MACD looks ready.
Market in his way to our yellow buying zone (BC) after formation of impulsive (OA) wave with good correction (AB) wave RR:3:1
It seems that the price of OPUSDT is completing the formation of the corrective wave 2 and the longest wave 3 of growth may be ahead of us. Yesterday's trading day closed with a beautiful pin bar or hammer, which often serves as a signal for a trend reversal. Also, the shadow of the pin bar tested the strength of the liquidity zone $0.6-0.7, which previously...
Hello traders, I hope you all are doing great. Here's a quick update on OP in the USDT pair. Timeframe: 3 hours. Update: OP has been a long-awaited coin. It gave us good profit in the past and once again it is preparing for something big. This pattern once breaks out, will boost the possibility of a higher rally. The RSI is making a good hidden bullish...
Hello traders, here's a new trade setup for OP/USDT. OP is under a falling wedge pattern and currently bouncing back from the support level. If this bounce is good to be true then we can expect a 40% rally. Entry: $0.918 to $0.97. Stoploss: $0.8819. Targets: $1.02 $1.08 $1.14 $1.23 Note: Accumulate under the support level and stay close to your SL. DYOR...
OPUSDT TF: 4H Side: Long Pattern: Triple Bottom Entry: Now or between $1.0202 & $1.0811 SL: $1.0202 TP 1: $1.1634 TP 2: $1.2235 TP 3: $1.2721 TP 4: $1.3206 This should pump big. OPUSDT has been my best performer and never lets me down.