marktiu

HIGHER TARGETS EXPECTED FOR OP?

Long
marktiu Updated   
BINANCE:OPUSDT.P   OP / TetherUS PERPETUAL CONTRACT
Hello Traders & Investors!

I wanted to take a look at OP, as per dreamland_cyber's request

Thank you for submitting this request! :))

OP had been consolidating within a symmetrical triangle, for almost a month.
We were able to deduce a valid consolidation as volume was getting lower and lower as OP made its way to the apex.

Finally testing the 0.786 FE level as support before breaking out with very high volume to the upside!

My target for OP would be the 1.0 Fib extension level of 3.5733

Comment:

In LTF's we could clearly see a break and retest of the symmetrical triangle.
One of the safest ways to enter a trade :)

OP /USDT #LONG 👖
Exchange: Binance Futures, Bybit USDT
LEV : 5-10X (CROSS)
ENTRY 2.9231

TARGET 1: 3.05467
TARGET 2: 3.15795
TARGET 3: 3.23050
TARGET 4: 3.30305
TARGET 5: 3.39281
TARGET 6: 3.53790

STOPLOSS: 2.6172

Use 2-3% Max of Funds Only
Comment:
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I'd also love to see requests on any chart you'd like me to look at!
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