#OP/USDT#OP
The price is moving in a downtrend on the 12-hour frame, about to break to the upside
The area in green is a very strong support area, from which the price rebounded at $3
We have a downtrend on the RSI indicator about to occur. The fraction is up
We have a higher stability than Moving Average 100
Entry price 3.07
First goal 3.66
Second goal 4.06
Third goal 4.49
OPUSDT.P trade ideas
OP analysisDue to the updates of the Ethereum and the Reduction of the Second Layer Network Magazine, it is susceptible to growth.
After the downfall it has encountered an important support level (2.81), which is in the weekly Time of Ardar Block in this area and Ardar Block is completely filled.
The RSI is in particular in 40 that manifests it at a good point for shopping
I expect to suffer in areas after one to two weeks
3.30 - 3.50 - 3.00
To witness a pump
Important purchase points
2.81 - 2.39 - 3.00 3.12
is
Look forward to the second -layer currency pump and holder
OP/USDT - Optimism: TrendLine Touch◳◱ On the $OP/ CRYPTOCAP:USDT chart, the Trendline Touch pattern suggests momentum building up for a significant move. Traders might observe resistance around 3.643 | 4.089 | 4.933 and support near 2.799 | 2.401 | 1.557. Entering trades at 3.198 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Optimism
▣ Rank: 49
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Scaling
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 3.198 ₮
▣ 24HVol: 48,690,901.124 ₮
▣ 24H Chng: 5.579%
▣ 7-Days Chng: -8.90%
▣ 1-Month Chng: -32.28%
▣ 3-Months Chng: -12.47%
◲◰ Pivot Points - Levels :
◥ Resistance: 3.643 | 4.089 | 4.933
◢ Support: 2.799 | 2.401 | 1.557
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -5.26
▣ Last 90D: 0.22
▣ Last 1-Y: 0.73
▣ Last 3-Y: 0.73
◲◰ Volatility :
▣ Last 30D: 0.87
▣ Last 90D: 0.88
▣ Last 1-Y: 0.97
▣ Last 3-Y: 1.35
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.68 - Bullish
▣ In-depth OPUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
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OP/USDT Bullish Reversal on the Horizon? 👀🚀OP Analysis💎 Paradiser, get ready for an exciting trading opportunity with #OPUSDT! The current setup suggests a bullish turnaround from its support and FVG.
💎 Reflecting on the past, $OPTIMISM faced challenges in surpassing its previous high, resulting in a bearish sentiment. However, the tides appear to be shifting. At the support level of $2.619, which has already piqued buying interest, there’s a strong chance of a bullish shift targeting the significant supply zone at $4.803.
💎 As savvy traders, we always have a Plan B. If #OP dips below our critical support at $2.619, we’re poised to capitalize on a bullish rebound from a lower support and the Bullish OB at $2.116. But exercise caution, as breaching this additional support could indicate a deeper decline.
💎 Stay adaptable in your strategies and keep a close eye on the charts, fellow Paradisers. Your ParadiseTeam is here to guide you through these market waves with expert insight.
OPE! Putting in an impulse?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Looking like an impulse coming in.
The move down is funky, but the 3 wave up is clear.
PF is holding it down.
2.9793 is the official pivot bulls want to hold.
3.29 break from here may change thoughts.
OP: two buy 📊Analysis by AhmadArz:
🔍Entry: 1=3.690 2=3.584
🛑Stop Loss: 1=3.660 2=3.523
🎯Take Profit: 1=3.775 2=3.994
🔗"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!
Op/usdt retesting key resistance| 👀🚀OP Today analysis💎 Paradisers, check out #OPUSDT as it's on an intriguing path, currently retesting a crucial resistance that could soon become support, signaling a potential bullish jump from here.
💎 After escaping a descending channel, $Optimism is gearing up to challenge the resistance at $3.847. A successful retest and maintaining strength at this level could set the stage for a bullish surge. With continued momentum, it's eyeing an initial resistance at $4.295, aiming to break through and tackle even higher barriers.
💎 Should #OP's price fall beneath this pivotal zone, it's time for a strategic shift. We're bracing for a bullish bounce from the secondary support at $3.395. Falling short of a comeback here could spell further drops. Let's remain alert and adaptable to swiftly navigate any market changes.
OP COMPLETE ANALYSISComplete analysis of OP is given in this chart. Fisrt of all price is around bearish fvg where we can also see bearish order block. As highlighted on chart as well. I am watching a rejection from here towards bullish poi which is formed by OB+FVG+SSL and also did marker structure shift. Whats your point of view on this?
$OP 4H Bullish Continuation ConfirmedI posted about this move previously, however my timing was a little premature.
I believe we are about to see a VERY STRONG push from NASDAQ:OP into price discovery.
Timing of course is the hardest part all of this... But I'm gonna say a new ATH within the next 72 hours.
Shout out to Rainbow Trends for the incredible heat map indicator to help show us the correlations between local bottoms (White candles)
OP/USDT | 1W 👀Optimism continues to impress us with very good dynamics and provides good earning opportunities.
I will observe where NASDAQ:OP can correct and possibly buy more coins.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Optimism. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Optimism #Investment #OP
OP 23/03/2024We have entered back to the range again. The price filled the daily imbalances. We have resistance above us which are Weekly and monthly open levels. I want to see breakout candle above these levels for confirmation. However, we are still in accumulation area. We broke it above and this is a pullback. We should lose 2.611 level because it is important on weekly level. If we broke it then it will go to lower prices.
OPUSDT Road Map🗺️!!! situation+next targets.Hi.
BINANCE:OPUSDT
✅Today, I want to analyze OP for you in a Weekly time frame so that we can have a MID-term view of OP regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
All says above the incoming breakout and rally🚀
✅ Due to the Ascending structure of the chart...
🟢658 Days of Ascending Accumulation
🟢Higher Lows Structure
🟢Fixation above the $2.6-$3 Major Supply Zone (Megaphone)
🟢Megaphone is under the Upper Band of Ascending Accumulation
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!