OPUSDT UPDATE #OPUSDT (Update) Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze OPUSDT today. Op is trying to Breakout the Symmetrical triangle in 1D time frame. Expecting Massive Bullish wave🚀📈Longby ELENA_CRYPTO_SIGNALS3
OP short - swing trade (update) Here is a quick update on the OP short swing trade. Entry 2.5423 TP 2.2340 SL 2.668 Taken most of my profits at 2.2750 and taken out in profits. Good enough of a move for me and content with what the market gave me. Not always necessary to hold positions...taking PROFIT and RISK MANAGEMENT are key. Will keep an eye on how we trade from here in correlation with BTC. As always keep referring to the overall MARKET and BTC as it remains the main directional bias for the crypto market. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. Shortby Patrick27070
OptimismSales on bluechips don't get much better than this, incredible strength shown at the market lows and why not for the best eth l2 out there.. Still trading at its 2023 opening price somehow Super bullish on this one 10$ mid bull market imoLongby olliecoughland0
OptimismSales on bluechips don't get much better than this, incredible strength shown at the market lows and why not for the best eth l2 out there.. Still trading at its 2023 opening price somehow Super bullish on this one 10$ mid bull market imoLongby olliecoughland0
Potential Long Setup on OPWe've identified a promising long setup on OP with several strong confluences: 1. **Sweep of MDay-Low Range**: The price has swept the MDay-Low range, moving right into the Fair Value Gap (FVG) and Demand zone. 2. **Bullish Market Structure**: The market remains bullish as long as the demand holds. 3. **Range Low Within Demand**: The range low is situated inside the demand zone. 4. **Multiple FVGs Above**: Various FVGs on different time frames are positioned between $2.83 and $2.97. We anticipate these levels will be taken out in the future, though the timing is uncertain. Additionally, we have lost the trendline and retested it perfectly, which should provide sufficient momentum to the downside, allowing us to get filled here. We have set the stop loss a bit wider than usual to account for a potential dip below the demand zone to capture the resting liquidity there. All these factors combined provide enough momentum and security to validate this setup as a high-probability trade.Longby stromm_by_wmcUpdated 113
Alikze »» OP | Pullback to the roof of the major is brokenIn the daily and weekly time, it is moving in an ascending channel, where three-wave movements are evident inside the channel. At present, with the failure of the major ceiling, it can continue its upward path by completing the pullback to the specified limits and the ceiling of the ascending channel. In the last part of this movement, it can be completed with another short correction and enter the continuation of its upward wave to the areas of divergence. But if it cannot maintain the range of the ceiling, it will have the possibility of correction to the bottom of the ascending channel. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»««« Longby alikzeUpdated 14
OP short - swing trade overview Here is an overview of the OP short trade I am currently in and shared a little moment ago. You can see how the HTF (weekly in this case) aligns with the LTF (daily and lower). You also get a clearer look at the daily OB (red line) Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. Shortby Patrick2707220
OP short - swing trade Been short on OP for some time for a swing trade. Entry 2.5423 TP 2.2340 SL 2.668 Looking to see IF we continue lower from this point on. Taken some off as we are around a daily OB (red line) and will let some ride. Stops moved to breakeven and will keep an occasional eye on how we go from here. As you can see the weekly FVG (yellow box) gave a lot of opportunities for some nice short entries. Taken the trade in correlation with BTC currently not doing much and trading around the lows of its current range. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form. Shortby Patrick27070
OP PriceThe Optimism (OP) crypto has formed a rising parallel channel and reverted the gains from the bottom mark of $2. Longby TheCoinRepublic112
#OP/USDT#OP The price is moving in an uptrend on a 1-hour frame and sticking to it well After rebounding from a significant decline, the downside gap is expected to be filled We have a higher stability moving average of 100 We have an uptrend on the RSI indicator that the price depends on Entry price is 2.15 The first goal is 2.35 Second goal 2.53 The third goal is 2.75Longby CryptoAnalystSignalUpdated 1
OP/USDT Break Alert! It shows will retesting before continue UP!💎 Paradisers, #OP is indeed a coin worth monitoring closely. 💎 It's currently poised for a potential retest of the LTF demand zone around $2.47 after encountering resistance at the OB- area around $3.04. Notably, the chart already indicates a breakout from the descending channel, which is a positive sign. 💎 If OP successfully bounces from the LTF demand area, it could signal upward movement, contingent upon breaking through the OB- area to reach our next target strong resistance zone. 💎 However, if OP fails to bounce from the demand zone and breaks below it, we might see continued downward movement with a retracement to the support area. The last time OP reached the support area around $2, it exhibited significant bouncing and recovery, suggesting a similar pattern could unfold if it revisits this level. 💎 The bullish invalidation would be confirmed if OP fails to bounce at the support and the daily candle closes below the $1.86 support area. In such a scenario, the price would revert to a bearish trend and continue downward. MyCryptoParadise iFeel the success🌴by MyCryptoParadise_Nathan446
OPUSDTmy entry on this trade idea is taken from a point of interest BELW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial adviseLongby Rising33B0
OPTIMISM (OP)Optimism (OP) is a layer-2 scaling solution for Ethereum that focuses on enhancing transaction speeds and reducing costs through Optimistic Rollups. This method offers a significant boost in throughput and efficiency for developers building on Ethereum, making it a critical player in the blockchain scalability arena. Given the continued importance of scalability for Ethereum and Optimism's effective technology, the next price targets for OP might realistically be set at $3.20, $4.00, and $7.00. Traders considering this bullish context may wish to engage now. This trading suggestion is based on Optimism's robust role in expanding Ethereum's capabilities and the general bullish trend in demand for layer-2 solutions.Longby icordkazUpdated 4
OP 05/05/2024OP is struggling to reenter our range above. We are currently at discount area. Even if we give a big pullback towards diagonal, we should be thinking to buy not sell at the moment. by GambittsVan0
OP Mega Bullish OP is looking very bullish. Because its swing structure was shifted and now we are looking for good entry after confirmation of internal structure shift. As we can see a clear CHoCH that is why I am looking to build long position around trendline retest and aslo there is my faviourite Fibb. level as well. A perfact setup according to my system, What are your thoughts?Longby Thebitcoin37Updated 2211
OPUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial adviseLongby Rising33B2
📈Analyzing OP: Fundamentals and Technical Outlook💎🔍Today, we delve into the analysis of Optimism (OP) coin, a leading project in Ethereum Layer 2 solutions. Being one of the earliest and most reputable Layer 2 solutions, Optimism has garnered significant attention, particularly from DeFi enthusiasts, due to its substantially lower transaction fees compared to Ethereum. This has allowed users with limited capital to participate in DeFi and reap profits, further boosting its popularity within the crypto community. 📰Fundamentally, Optimism has demonstrated its potential with a daily trading volume of $500 million across 38 markets. Now, let's shift our focus to the technical aspects. Nearly a year since its listing on Binance, Optimism reached its all-time high (ATH) of $4.865 in early 2024. Presently, after a corrective phase, it has found support around $1.8 and currently resides at approximately $2.77. The next significant resistance lies at $2.943, with expectations high for its eventual breach. 📈The weekly timeframe indicates an upward trend, despite a recent selloff candlestick accompanied by significant volume, suggesting the possibility of further upward movement if green volumes begin to increase. However, persistent selling volumes and the SMA25 acting as resistance, particularly aligning with the $2.943 level, present a formidable barrier that could impede price action. 🛒In the event of further correction, a buying opportunity may arise in the range of $1.97 to $2.3, but it's advisable to exercise patience and wait for candlestick confirmation before entering the market. Subsequently, lower timeframes such as the daily can provide additional confirmation for our buy signal. ✅Our initial target is set at the ATH, with further targets to be identified upon consolidation above this level, utilizing Fibonacci extensions to pinpoint higher targets and resistances. Regarding the RSI, maintaining support at 41.7 is crucial to avoid potential heavy bearish pressure on the coin. 📝In conclusion, Optimism (OP) coin presents a compelling opportunity for traders, supported by both fundamental strengths and promising technical indicators. Traders are advised to exercise caution, await confirmation signals, and implement effective risk management strategies to navigate the market successfully.Longby itsparham966
OPUSDT LONGLong trade idea for OP USDT after a clear break of structure, the market is moving back to take off the liquidity void reaching the fvg & OB. I believe the trend is only up, DYOR!! Longby GameChangersBTC0
OP:b-b-e📊Analysis by AhmadArz: 🔍Entry: 2.487 🛑Stop Loss: 2.145 🎯Take Profit: 2.88 - .3.299 - 3.586 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!Longby ahmadarzUpdated 8
OPUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial adviseLongby Rising33B3
OPUSDT(Optimism) Daily tf Range Updated till 02-05-24OPUSDT(Optimism) Daily timeframe range. its trying to get over 2.849. getting over 2.849 will open a level till 4.021. but that require volume and there are effects of btc PA. local retrace point is at 1.879.by cryptoforever13