In the daily timeframe, after a strong upward trend and reaching new highs, we've experienced the first downward movement, breaking the trend line. 📉 We observe a retracement trend line, indicating the possibility of a decline after breaking the trend line and activating this trigger. 🔄 "In the weekly timeframe, if the candle closes in a similar manner,...
🩸 NASDAQ:OP #Optimism (OP/USDT) (March 12, 2024) (#OP, #Spot) In 2024, Optimism continues to play a significant role in the Ethereum ecosystem as a Layer 2 optimistic rollup solution, emphasizing scalability and efficiency. With a total funding amount of $178.5 million, Optimism has attracted the interest of notable investors and companies, underscoring its...
Eth gas fees are hotting ARB and OP are going to be pushed hard by scum VC's Here is Bull run projection Still meat on the bone.
The Optimism Foundation has made headlines with its recent private sale of governance tokens, sparking discussions within the Ethereum community. Let's delve into the details of this significant transaction, analyzing its implications, transparency, and the varied responses it has garnered. Unveiling the Sale: The Optimism Foundation ( NASDAQ:OP ), stewards of...
This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section The diametric analysis of the previous analysis is still valid with one difference that the e wave is extended Wave E appears to be an ascending zigzag. It can continue to climb by maintaining the green lines. Closing a daily candle below the...
The main structure and substructure are bullish and an important ceiling has just been broken By maintaining demand, we expect to move to supply. Closing a daily candle below the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without...
💎Paradisers, let's take a closer look at #OPUSDT, showcasing vibrant market movements within an ascending channel framework. 💎At this moment, #Optimism is advancing towards the ascending resistance, starting from the demand zone. This scenario sets the stage for a potential price rebound from this area, aiming for an upward journey with the bearish Order Block...
BULL MARKET PHASE ON OPtimism is breaking out of ascending trinagle with a bullish. buy signal Target in chart ETF approval for EThereum should help this narrative
Optimism 3.92 ➥ $5.00 Entry Price: $3.92 Take Profit: $5.00
Price is looking to smash the 78% before retracing back to for HL. First 6M will smash all buys. And sell really high. Second 6M will continue its rally but will drop to close bullish above this year OP. Living half a year at a time.
Arbitrum $1.955 ➥ $3.70 Entry Price: $1.955 Stop Loss: $1.848 First target: $3.70 Second target: $9-$19 Arbitrum is a Layer 2 scaling solution for the Ethereum blockchain that powers fast smart contract transactions while reducing transaction costs. Layer 2 solutions can scale the base Layer 1 blockchain by delegating complex computational tasks, such as...
Optimism $3.80 ➥ First target $10-$12 Entry price: $3.80 Stop Loss: $3.7065 First target $10-$12
BINANCE:OPUSDT (1DH CHART) Technical Analysis Update OP is currently trading at $3.777 and showing overall bullish sentiment and waiting to breakout from the resistance zone. Breakout from the resistance zone will definitely fuel to bull run of the OP. OP is also one of the fundamentally strong coin so we cannot go wrong with the LONG entry for this coin while...
BINANCE:OPUSDT (4H CHART) Technical Analysis Update OP is currently trading at $ and currently price is at the resistance line We can expect price to either breakout from the resistance or get rejected from the resistance. We will enter trade based on whether price will get rejected or not. LONG Trade Details (only after confirmed Breakout) Entry level: $...
Optimism- CRYPTOCAP:OP This is a potential long term asymmetrical trade with 640% potential and a -20% loss potential. ⌛️ Potential Ascending Triangle Breakout ✅ OBV Volume breakout and retest ✅ An increasing volume profile (peaks and valleys) ✅ DSS Bressert Cross The entry and stop loss is noted on the chart. The 4.236 fib ext level aligns with the...
In time h1, after the failure of the resistance, which has now turned into support, and in dealing with the dynamic trigger, which has had a positive reaction several times and caused the price to grow. Now it is approaching the dynamic trigger as well as the support area. Therefore, if the current area encounters a reversal candle, it will have the ability to...
💎 OP has recently demonstrated notable market dynamics. After a perfect bounce from the demand area, the price faced rejection in the vicinity of an all-time high. 💎 Currently, the price is positioned to move downward towards the Bullish Order Block (OB) area for retesting, potentially creating new momentum for an upward movement. 💎 If OP successfully bounces...
🌟 Bitcoin's Breakout Surge: Professor's Big Charts Revealed 🌟 📈 Live Analysis Incoming! Prepare for an in-depth journey through Bitcoin's latest surge as we go live on TradingView. Get ready for a session packed with insights and the unveiling of the Professor's big chart. Join us: Live Stream: www.tradingview.com 🚀 The Breakout Chart Breakdown Witness the...