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Opulous/Tether

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OPULUSDT trade ideas

OPULUSDT"As we enter the bullish season, the initial target to aim for is target : 1.0 🎯. This is based on a combination of technical analysis indicators and market trends. However, it's important to approach trading with caution and adapt to changing market conditions. Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market. Remember to use proper risk management techniques and consider setting profit targets along the way. Happy trading!"
Long
by MKO_Trading
OPUL Bearish: Head and Shoulders Signal??After a 550% bullish move from Opul, moving from 0.05 to 0.30 it looks like a head and shoulders signal is playing out. This may be a bearish signal that sends opul down another 50-80%. I've placed my buy zone at 2 different levels to keep an eye on for potential investment points. First point is around the $0.11 to 0.085 area. The second point is around $0.055 to 0.045 area. Movement below these lower buy zones is considered very bearish. Depending on macro conditions as well as the success of their MFT platform this could rise from the buy zones back to the recent high of $0.30. --- This is not financial analysis or advice. Please asses your risk tolerance before taking trades of any kind.
Short
by WillGood
OPUL in Downtrend - Potential Buy SetupOn the 10th of August OPUL experienced an explosive upward movement in price due to the reveal that it's staking dashboard will be launching on August 22nd. The price of the coin jumped over 100% from around $0.08 to $0.17 before it began moving back down. It is now developing a clear channel downward and based on fibonacci levels it looks as tho the $0.10 area will be a nice opportunity to stack OPUL. The general macro sentiment to Bitcoin, crypto, and larger financial markets is still mostly bearish so please use caution when purchasing. Use your best judgement, this is not financial advice!
by WillGood
2022-04-07 OPULUSDT Finding a Bottom & Looking to LongSome thoughts on OPULUSDT: Daily: showing signs of a change in fortune. 10/20 EMA cradle has turned bullish. 12hr: looking very positive as well. Broken through the 100EMA and is retesting the 10/20EMA for a new support level. 4hr: Couple of shots of the 4hr showing possible targets if the $1 boundary (black line) is broken. 1hr: Showing signs of needing a bit of a cool off on the lower timeframes. I've marked areas of interest for taking a long entry.
Long
by DoryFish
Possible trend reversal incoming on OPULOPUL has been on a constant downtrend since 17 of November, it is now approaching strong support around the $0.66c level, we may see a drop to around the the $0.50c level but I believe that will be short lived. Some of the early investors vested tokens were released last week, and this will continue bi monthly for another 18 months, most have probably sold by now, next vested token release will be around March the 24th, so I will be bullish on OPUL until then. My advise, Buy 50% now, and wait, if it drops to $0.50c buy 50% This is NOT financial advise, just my opinion
Long
by thedronedetector
$OPUL | SLEEPING GIANT IS ABOUT TO MAKE ITS NEW MOVEWith the strong fundamental, Opulous had some bad times by reason of bad market conditions and unlock the vesting tokens. I believe that the time has come for this starlet. Daily rsi breakout and macd looks bullish and giving buy sign. Price in the buy zone for me. It's really worth a shot imo. If the market and btc keep recovering $OPUL can bounce big. Always do your own research, this is not a financial advice. Always use stoploss in unstable market.
Long
by SeedShoHunter
Bearish on OPUL due to vested tokens releaseBe mindful that OPUL will airdrop Vested tokens to early investors on the 23/01/2021, I see a sell wall following as these early investors bought these tokens for $0.05c What Is Vesting? It’s a certain amount of tokens that are held aside for some period of time for the team, partners, advisors, and others who are contributing to the development of the project. Smart contracts usually lock a certain amount of funds until contract conditions are met. For example, startups that use the blockchain technology can lock a certain amount of tokens: the team can reserve 15% of coins, for instance, which will be gradually released once a month/quarter/year during the project process for financial purposes. In general terms, the process of releasing these coins is called vesting.
Short
by thedronedetector