OpusdtLonger term uptrend line thinks one more dip on the cards before reversal, larger caps look mostly bottomed though so idk..
OPUSDT.P trade ideas
OP/USDT pushing from trendHey traders 👋
OP coin is next one on our watchlist. We are looking here for a nice bullish movement which might fill some gaps near 200EMA. Looking here for 100EMA to be broken for additional confirmation here that price will head towards 200EMA. If 100EMA will hold strong here we will go for another re-rest of that trend!
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OP scalp - swing short We have gotten our first test of the mid range.
Waiting for PA to develop and give us a deviation above 1.6400$
Will look to open shorts if we hold below it after deviation.
Plan remains the same for now until proven wrong.
Entry after deviation of 1.6400$
Clear invalidation above 1.6500$ for the time being.
TP 1.6030$
TP 1.5860$
SL above 1.6500$
Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
OP short scalp - fundamental analysis For further confluence with the newest OP short scalp idea (idea linked).
We are currently trading in a big range.
HTF range high is 1.6965$
HTF range low is 1.5860$
Mid range stands around 1.6350$ and is considered as the current range high for the 15min trade idea.
Blue box represents the deviation of the mid range
Black box represents the accumulation before the break out to the top side. Orders are resting there and will be targeted on the long term.
Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
OP scalp - swing short A current low has been established on the higher time frame (1H)
Price currently retesting the highs of the range (15min). Expect a deviation above 1.6400$ and a retest of the clean lows (red line).
CLEAN LOWS = EVERYONE HAS THEIR STOPS UNDER IT
Entry after deviation of 1.6400$.
Stops should rest above 1.6500$ for the time being.
TP 1.6030$
TP 1.5860$
Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
$OP Simple long-term Weekly chartGreen lines indicate behaviour + fib patterns that map across two earlier phases. Posting to be able to follow OP over June-July-August 202 .
For curiosity only - definitely not a statistical or analytic prediction.
OPUSDT swing short setupWaiting patiently. Let it squeeze a bit above mid range first, come back inside the mid range -> trigger for short. Let the trade come to you.
OP interesting for Long
OP prices are right above the long-term trendline.
The price action is quite interesting with a possible accumulation pattern following wyckoff method.
Proposed targets (blue lines) and stop-loss (red line) are in chart.
I see this patternHit bottom of channel, hit top of channel twice and then back down to the bottom. you double/triple tap the bottom channel, before a big move out. this would line up with june FOMC rate decision. Other scenario would be to continue up from this point, though i think this is unlikely given current volumes.
OPUSDTOP Falling Wedged waiting for breaking out, Stop Lost -12% (SPOT), Possible 60% profit on Spot or 120% profit with 2x Leverage.
Op clean chart Op is forming bullish structure on each time frame and it needs just a simple push then boom. dont miss it
#OP-USDT at crucial levels?The OP/USDT chart shows an interesting scenario where the token is currently at a strong support level with increasing buying pressure. However, the sellers are also consolidating the market and aiming to take the price down.
This means that there is a tug of war between the bulls and the bears in the market, and traders need to be cautious when making trading decisions.
To maximize profits, traders should look to enter the market at the buying area between 1.5730 and 1.7393 levels, where there is a high probability of a price bounce.
Once the price bounces, traders can take profits at the resistance levels of 2.0688 and 2.1582.
#plan your trade trade your plan
OP at least a minor move up (Scalp LONG)After a strong comeback from a key area, I expect a correction validating the change of character and a move up from there!
NFA
OP is strating a big upward moveHello Traders🖐🏿
In the chart of OP/USDT, we have 2 channels, all time channel and recent downtrend channel, the bottom of both channel in this price situation, is one point that touched yesterday in 1.49$, now we expect that OP making an upward move to 4$ after recent big crash from 3.3 to 1.49 that claimed all order blocks in lower zones
Likewise RSI touched oversold zone in last days and now is showing some good signs to OP growth.
This is not a financial advice, its just my idea.
Good luck 👊🏿
opusdtone of the best trade strategies is broken support and resistance If it is in the box for a long time you can take a profit with a good strategy on how to open and managed the
OPUSD ❕ downtrendThe chart and indicators continue their downtrend.
The reversal patterns have not begun to form.
After testing the current support, the price will continue to decline.
OP confirmed breakout of downtrendWe see a confirmed breakout of downtrend here. Support zone around 2.125
Optimism is tiredOptimism has broken through the support trend line, now we are retesting it as resistance. The market is very overheated, it is tired, I think that we will continue to decline at least to the allocated zone
Say Good Bye To Op Opusdt
For Now Holding Support without volume I am expecting breakdown soon
Incase of breakdown expecting 40-50% drop
Dyor Risk Under Your Controll
OP / OPTIMISM . 5$ soon or higher ? Let's checkParallel bullish channel + symmetric triangle which was broken for retail trader , for me it was liquidity , we catches their's SLs and stopped on the order block. OB is located on 0.5 FIB of the last wave . Waiting for bullish movement in near future
OPUSDTOP is trying to regain the lost support. But currently the overall trend is down and 36% drop in 19 days cannot be a good sign. In the chart you can see the two upcoming scenarios i.e. bullish and bearish. Also for As a reminder, I must say that this currency will release 154 million tokens worth approximately 300$ M in 23 days.
BINANCE:OPUSDT
