Get started

OP / TetherUS PERPETUAL CONTRACT

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

OPUSDT.P trade ideas

OP perp perfomance in last 8 months in 2024We have seen a sharp decline in altcoins recently. Including OP. Looking at the whole process, OP had finish a cycle up and down. What are the buying and selling points? With the S1-TM strategy, we had 77 closed orderss, with a net profit of ~121% (including commissions). This is quite acceptable for autotrade. NOTE: This is my personal opinion on this strategy. This is not investment advice!!!. The market always has risks and opportunities. Please consider carefully before making any decision!
by steadforwardx
OPUSDT - Altcoin with GOOD UPSIDE Potential (Wyckoff)Using the Wyckoff Method has always been my go-to strategy when looking for buy's. The theory behind it is that basically the market goes up, down, sideways, and up again etc. You can dive into more detail by taking a look at volume and trendlines, but for today's analysis we'll keep it simple and focus on the good upside potential for OP. The above clearly shows an excellent Elliot Wave Theory playout - 5 impulse waves up and the following three corrective waves - indicating the bottom is close. The above is classic Wyckoff Method Theory together with the emotions at each phase. OP, according to the above, is very close to bottoming out - in other words, a great place for accumulation. During the previous phase, the price increased over 400% over the course of a few months. If you have the patience, it can be a great increase. __________________________ BINANCE:OPUSDT
Long
by CryptoCheck-
Op goes to $100.What is Op, and why am i writing about it today? Optimism, in the context of blockchain technology like Ethereum, is a technique that enhances scalability by processing transactions off-chain in batches before settling them on the mainnet. Instead of individually processing each transaction on Ethereum's main blockchain, Optimism aggregates multiple transactions off-chain, thereby reducing congestion and fees. This approach boosts transaction speed and efficiency while maintaining Ethereum's security through periodic verification and settlement on the mainnet. Think of it like a faster lane on a highway that allows more transactions to flow swiftly without clogging up the main road, making decentralized applications (dApps) more practical and accessible by addressing Ethereum's scalability challenges. --- Op has recently transitioned to Stage 2. What is Stage 2? This is the final stage where the rollup becomes fully managed by smart contracts. At this point, the fraud proof system is permission-less, and users are given ample time to exit in the event of unwanted upgrades. The Security Council’s role is strictly confined to addressing soundness errors that can be adjudicated on-chain, and users are protected from governance attacks. --- So, why do i believe Op is ready for lift-off? Based on our primary theory, Op is currently in a macro bullish nest. A bullish nest consists of 1-2 sequences in Elliott Wave Theory. It can be likened to a consolidation phase where each preceding 1-2 sequence decreases in size, accompanied by seemingly reduced momentum. People often lose patience and are shaken out just before the parabolic expansion, (which we are identifying as the macro wave 3), unfolds. --- My estimated target for wave 3 sits at $20 My estimated target for wave 4 sits at $7 My estimated target for wave 5 sits at $100. All of this is set to take place into 2025. --- 🌙
Long
by notoriousbids
1
Op goes to $100.What is Op, and why am i writing about it today? Optimism, in the context of blockchain technology like Ethereum, is a technique that enhances scalability by processing transactions off-chain in batches before settling them on the mainnet. Instead of individually processing each transaction on Ethereum's main blockchain, Optimism aggregates multiple transactions off-chain, thereby reducing congestion and fees. This approach boosts transaction speed and efficiency while maintaining Ethereum's security through periodic verification and settlement on the mainnet. Think of it like a faster lane on a highway that allows more transactions to flow swiftly without clogging up the main road, making decentralized applications (dApps) more practical and accessible by addressing Ethereum's scalability challenges. --- Op has recently transitioned to Stage 2. What is Stage 2? This is the final stage where the rollup becomes fully managed by smart contracts. At this point, the fraud proof system is permission-less, and users are given ample time to exit in the event of unwanted upgrades. The Security Council’s role is strictly confined to addressing soundness errors that can be adjudicated on-chain, and users are protected from governance attacks. --- So, why do i believe Op is ready for lift-off? Based on our primary theory, Op is currently in a macro bullish nest. A bullish nest consists of 1-2 sequences in Elliott Wave Theory. It can be likened to a consolidation phase where each preceding 1-2 sequence decreases in size, accompanied by seemingly reduced momentum. People often lose patience and are shaken out just before the parabolic expansion, (which we are identifying as the macro wave 3), unfolds. --- My estimated target for wave 3 sits at $20 My estimated target for wave 4 sits at $7 My estimated target for wave 5 sits at $100. All of this is set to take place into 2025. --- 🌙
Long
by notoriousbids