Optimism (OP) formed bullish BAT | A good buy opportunityHi 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 the stop loss, and don't get stuck with trade
Opusdtlong
Optimism OP price aims for x10 growthIt 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 acted as resistance and did not allow the OPUSD price to rise.
Such data allows you to try a medium-term trade on the following conditions:
Entry of the position at $0.71-0.73
Stop below $0.647 (-10.5%)
Take profit $1.534 (+112%)
Profit/loss ratio 11/1
Of course, you can fix take profit at each of the levels shown on the chart: $0.93 $1.15 $1.33
If we look at the Optimism token price chart globally, we can assume that the top of the 3rd wave of growth will be around $6.5-7.5, which is x10 growth from the current price
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OP: A RALLY LONG PENDING.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 divergence and man! The chart looks good.
Entry if it breaks out: $0.84 to $0.86.
Stop Loss: $0.235.
Target: 8% to 15%.
Note: Enter only when you see a breakout. Do not FOMO.
I hope this chart is helpful for you.
Trade safely.
OP/USDT: A GOOD RALLY EXPECTED.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 before investing.
Trade safely.
OPUSDT - Another 12% Pump Possible 🎯Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
A quick video analysis on OPUSDT - and possible short term price action by using two technical indicators together; the Phoenix ascending and Fibonacci Bollinger Bands.
The best bet in terms of risk management would be to take most of your profits now if you have a lower entry, and leave the last for the possibility of another 12% increase from this point.
Interested in a potential bounce zone for Bitcoin? See this idea here 👀
Pepe fan? This one's for YOU 👀
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OPUSDT - Channel Breakout!OPUSDT (4h Chart) Technical analysis
OPUSDT (4h Chart) Currently trading at $1.26
Buy level: Above $1.25
Stop loss: Below $1.072
Target 1: $1.37
Target 2: $1.61
Target 3: $1.84
Target 4: $2.2
Max Leverage 3x
Always keep Stop loss
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