$OP speculation$OP reached the bottom of the channel and was able to break the channel, and now it is pulling back, it is likely to have another step down to reach the support of $2.
Optimism
OP/USDT Gained 300% in past 3 month what Next..?Analysis of the OP/USDT Technical Chart:
The current trading price of OP is $2.425, representing a 27% decrease from its recent high in February. However, the chart shows that OP has generated high returns for investors in the past 3 months, with a 300% increase.
Currently, OP is holding strong support at the neck line level, and it is expected to continue to do so. However, if it breaks down, there is a significant down leg waiting for the breakdown, and a 50% decrease is expected.
In the event of a breakdown, the first target is expected to be $1.642, with a second target of $1.16. Two major support points to watch are $1.642 and $1.435, with the possibility of a great entry point at a retracement of 0.5 and 0.618 at these levels.
The current resistance level for OP is $3.16.
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Optimism (OP) formed bullish Gartley for upto 33.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Optimism (OP) with US Dollar pair.
Previously we caught a nice trade of OP as below:
Now on a daily time frame, OP has formed another bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
OP Tik Tak ⏱️🔥Hello Traders🖐🏿
As I said OP made a needle to important support zone.
My analysis is in a correct path.
I expect a move to 3$ from here and 5$ after some accumulate in 3$ zone.
Its just my idea, its not a financial advice.
Good luck.
long OP$OP bounced off the support level and the ascending trendline. Bullish movement is expected to continue and reach the resistance level at 3.19$
Rejected 1-Hour Order Blocks and Broke Market StructureMy target is above the 1-hour bullish order block in green near the daily S/R level.
There seems to be confluence there with the trend line meeting as well.
Like MAGIC, I was too early with my first call a couple days ago.
Patience I must learn.
OP updates$OP price reached the ceiling of the ascending channel and could not cross it and started to decrease, and it is likely that it will decrease to the price of $2.6, that is, to the bottom of the channel.
OP ready to get a new ATH?Considering Bitcoin breaking the resistances, if it continues to move up, OP can follow its strong bullish trend and break 3.2$ and even go higher.
Good risk to reward here for going long.
Short OP vs USDOptimis pumped on the Coinbase hype today and it made a SFP at Range Highs on the daily.
Took a short here with SL at todays Highs, this is a swing play for me so I expect it to play out in few weeks.
Mid Range is the target.
Follow, like the idea and feel free to leave a comment if you like it.
Check out other ideas if you like this one.
Optimism NEW ALL TIME HIGHA lot of great buy volume coming into OP this week.
Comment your thoughts on target.
Op Showing Signs Of strength Getting Ready For Another Bulish Impulse
Forming Bulish Pennant In h4 Timeframe Incase Of breakout Expecting another 40 to 45% bulish Move
OP right at support!OPTIMISM has been a runner!
If CPI numbers are better than this can make a good move back up to ATH!
This is one I'm keeping an eye on. <---
Good Luck Out There!
OPTIMISM USDT KuCOIN - Parabolic Curve Optimism has been on a tear! Is it over?
Let it ride it what I say, OPUSDT has made a 150% + move to the upside since it broke out!
These are some of the most desired patterns to trade.
Are we in the 2nd base only?!?
Keeping an eye on this one for sure.
#OP (Y23.P1.Video4). Continuing on with the bullish storyHi Traders,
ALT season is coming into play.
Here are my thoughts on #OP #Optimism for the short term with defined assumptions.
All the best,
S.SAri
$OP Optimism - Bearish Harmonic Pattern formed dailly
- Currently facing 1.618 as resistance
- Bear div building on both oscillators
- Currently up 280% from the lows
#optimism $op daily. update: mewn update: #optimism $op breaking out of a massive bull pennant and has reached new highs. currently in price discovery. however there is daily bearish divergence and #bitcoin is close to a supply tap. gg
Optimism OP Coin Price ForecastAs 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.
OPUSDT 15 MIN - Lets have some fun! Optimism in Price Discovery
Nice lil Bull Flag on the 15 MIN
Looking for a move out of Bitcoin and/or BTC dominance to fall.
Lets Go!
OPUSDT Target Hit !!!!OPUSDT Target Hit !!!!
Blasted past the target!!!
Traded the top and took a lil more profits!!!
OPUSDT 1HR KUCOIN - 24 hour Update from postingOPUSDT 1HR KUCOIN - 24 hour Update from posting
Looking good so far. Had a bounce below entry but did not hit stop loss. Good enough for me!
Putting in Higher Highs and Higher Lows on the 1 HR.
Will see how things go in the next few hours, may close it out before the FOMC announcement.
TRIANGLE PATTERN AROUND ALL TIME HIGH
Consolidation on Optimism , Triangle pattern
Bullish breakout or breakdown ?
Optimism 35/47% Short-Term Target MappedOptimism (OPUSDT) just yesterday reclaimed EMA50 and EMA100 and is now trading within a bullish consolidatin pattern.
Additional details can be seen on the chart.
This pair can move up short-term to hit 35% and even up to 47% with not much resistance on the way up.
On the way down, the recently reclaimed EMA50/100 level at $0.955 is the main support.
The main targets are listed again for convinience as follows:
1) $1.320
2) $1.520
Depending on how these levels are handled, we can map the next move and figure out if a correction will follow or if OPUSDT will continue straight up.
It is a young chart so we keep it short-term.
Namaste.
Optimism Token Reaches New All-Time HighThe cryptocurrency token Optimism has reached a new all-time high; let’s see what happens next!
What is Optimism? Optimism (OP) is a cryptocurrency built on the Ethereum blockchain. It is a new type of token used to pay for transactions on the Optimism layer 2 scaling solution for Ethereum. The Optimism protocol allows for faster and cheaper transactions by moving most of the computation off-chain while still maintaining the security and decentralization of the Ethereum mainchain.
Optimism Reaches All-Time High
OP recently reached its all-time high, causing excitement among investors and traders. The success of OP can be attributed to the growing interest in decentralized finance (DeFi) and the increasing use of the Ethereum blockchain. As more and more projects are built on the Ethereum blockchain, the demand for efficient and cost-effective scaling solutions like Optimism will only continue to grow.
Since Optimism has never reached this price before, it is impossible to say exactly where the price will go. According to the Fibonacci retracement, the next target for OP could stand around $3. According to a Fibonacci retracement, the last target of this rally stands around $3.60. We have seen rallies in the past that went above even the wildest predictions of the Fibonacci, however, these runs normally occur during a strong market bull run.
If, on the other hand, OP starts falling, there are a few different support levels that the token can count on. The first support level stands around $2.00, which is the previous all-time high. Another support level stands between $0.70-$0.80, which is around the coin’s lowest point.
