Op
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#Op price is moving in a descending channel and is now facing the resistance of 2.630-3.020 dollars.🔥
According to the trend that has formed, the trend is still downward and the price can fall again to the bottom of the channel and reach $1.890🔥
#ETFvsBTC #altcoins #BTC #Memecoins
According to the trend that has formed, the trend is still downward and the price can fall again to the bottom of the channel and reach $1.890🔥
#ETFvsBTC #altcoins #BTC #Memecoins
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CRYPTO MECHANIC
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So the momentum is going to shift from L1's to L2 tokens?
if that happens coin to watch will be #ARB
if that happens coin to watch will be #ARB
$OP Op need to break 4.685 line to get out of red load if op break this line with adding high vol after Op can fly to moom with lot of fuel . wait and watch op
#HotTrends #Op #Leverage50x #NEAR #BTC
#HotTrends #Op #Leverage50x #NEAR #BTC
$OP and $ARB Bleeding, But Hope on the Horizon
The cryptocurrency market has been an unpredictable rollercoaster lately, with some tokens soaring to new heights while others face a bearish onslaught. In this article, we'll be focusing on two major Layer 2 (L2) coins that have been experiencing a tumultuous ride in recent times – $OP and $ARB .The Bleeding Coins: $OP and $ARBOver the past 90 days, $OP and $ARB have been bleeding, causing concern among their investors and enthusiasts. The price charts for these L2 coins have not been favorable, with both experiencing significant price drops. For @optimismFND ($OP ), the price is down by a concerning -34.9%, and it's a similar story for @arbitrum ($ARB ), which has seen a staggering -59% drop. These numbers are enough to make any investor or HODLer anxious about the future of these tokens.Accumulating SupportersDespite the harsh market conditions and price plunges, there's an interesting trend to note – the number of token holders for $OP and $ARB has been steadily increasing. This suggests that some individuals are looking at these coins as an opportunity to accumulate, possibly anticipating a positive turn of events in the future.A Ray of Hope: EIP 4844 UpgradeWhat could potentially rescue these L2 coins from their ongoing downtrend? It might be the long-anticipated announcement of the EIP 4844 upgrade. This upgrade, once implemented, is expected to bring about a seismic shift in the world of Layer 2 scaling solutions.The EIP 4844 upgrade is poised to have a fundamentally bullish impact on all L2s. It's touted to be a game-changer by significantly reducing transaction costs by a factor of 10x. This will not only make L2 solutions more attractive but could also encourage more users and projects to migrate to these Layer 2 networks, boosting their adoption and utility.Conclusion: A Glimpse of the FutureIn the ever-evolving world of cryptocurrencies, coins like $OP and $ARB are a reminder that price volatility is an inherent part of the game. Despite their current struggles, the growing number of token holders and the promising EIP 4844 upgrade suggest that there might be a silver lining for these Layer 2 coins.Investors and enthusiasts are eagerly awaiting the announcement of the upgrade date, as it could be the catalyst that reverses their fortunes. As we keep an eye on these coins in the coming months, only time will tell whether they can overcome their bleeding and emerge stronger on the other side. #arb #Op
Optimism (OP) price has been on a wild ride lately! It surged 15% last week, pushing towards early October highs, but there's a twist.
The rally might hit some turbulence soon. Why? Well, there's a big wave of 24.16 million OP tokens, valued at $33.34 million, set to flood the market on October 30. These tokens will be distributed to investors and core contributors who are expected to cash in and book some early profits.
The key to keeping this uptrend alive is a decisive candlestick close above the $1.723 level. This would confirm the bullish trend and open the door to a potential 45% climb to the $2.000 psychological level.
But, be aware! OP has been swinging like a pendulum for the past few months. Its price action has been wave-like, and investors are riding the momentum.
In this rollercoaster ride, developments in the OP network play a crucial role in determining the upside potential. It's a blend of market dynamics and tech advancements.
Currently, there's a bit of selling pressure around the $1.449 resistance level, and the falling RSI indicates that momentum might be taking a dip. This could push the price down towards the $1.231 support level, a 10% drop from where it is now.
However, the RSI position still leaves room for optimism. To secure that uptrend, OP's price must break through $1.449 and reach the supply zone between $1.653 and $1.818. The real confirmation comes when the price crosses the $1.723 midline in this order block.
Mark your calendar for October 30, as the token unlock event approaches. The flood of OP tokens could cause some significant market fluctuations, as it did in the past. Keep an eye on the action! 👀
#Op #cryptocurrency #crypto2023 #crypto
The rally might hit some turbulence soon. Why? Well, there's a big wave of 24.16 million OP tokens, valued at $33.34 million, set to flood the market on October 30. These tokens will be distributed to investors and core contributors who are expected to cash in and book some early profits.
The key to keeping this uptrend alive is a decisive candlestick close above the $1.723 level. This would confirm the bullish trend and open the door to a potential 45% climb to the $2.000 psychological level.
But, be aware! OP has been swinging like a pendulum for the past few months. Its price action has been wave-like, and investors are riding the momentum.
In this rollercoaster ride, developments in the OP network play a crucial role in determining the upside potential. It's a blend of market dynamics and tech advancements.
Currently, there's a bit of selling pressure around the $1.449 resistance level, and the falling RSI indicates that momentum might be taking a dip. This could push the price down towards the $1.231 support level, a 10% drop from where it is now.
However, the RSI position still leaves room for optimism. To secure that uptrend, OP's price must break through $1.449 and reach the supply zone between $1.653 and $1.818. The real confirmation comes when the price crosses the $1.723 midline in this order block.
Mark your calendar for October 30, as the token unlock event approaches. The flood of OP tokens could cause some significant market fluctuations, as it did in the past. Keep an eye on the action! 👀
#Op #cryptocurrency #crypto2023 #crypto
#Op
Direction : LONG
⏩Entry : 1.082 - 1.05927
❌Stop Loss : 1.01275 ❌
⏩TP 1 - 1.11
⏩TP 2 - 1.12
⏩TP 3 - 1.14
⏩TP 4 - 1.16
⏩TP 5 - 1.18
I have add my entry SS
⏩leverage- 5x
Direction : LONG
⏩Entry : 1.082 - 1.05927
❌Stop Loss : 1.01275 ❌
⏩TP 1 - 1.11
⏩TP 2 - 1.12
⏩TP 3 - 1.14
⏩TP 4 - 1.16
⏩TP 5 - 1.18
I have add my entry SS
⏩leverage- 5x
OP Buy Scalp
Do Risk Management
✅Targets and SL is Given In Chart Setup.
Soon We will This #Op in Gainers.
All Layer2 Coins Will Be Pumping Soon 🔜.
Layer2 season is coming !
#TrendingTopic #Write2Earn
Do Risk Management
✅Targets and SL is Given In Chart Setup.
Soon We will This #Op in Gainers.
All Layer2 Coins Will Be Pumping Soon 🔜.
Layer2 season is coming !
#TrendingTopic #Write2Earn
#OP reached the bottom of the channel and was able to break the channel, and now it is pulling back, it is likely to have another step down to reach the support of $1,780-$1,950.
#Binance
#crypto2023
#Op
#CryptoExplorer
#Binance
#crypto2023
#Op
#CryptoExplorer
🚨Huge bearish signal OP🚨
Click here view full post..
Coin name
#Op
Signal type
Short (bearish)
I will explain why I am bearish in op coin
1. In daily timeframe as you can see symmetrical triangle pattern are forming and it's broken down and came back for retest. this breakout now i think perfect breakout.
2. Watch out weekly RSI rejected from my trendline. So it's bearish sign.
3. BTC also bearish so op will btc movement surely.
4. symmetrical triangle pattern some time react like a bear flag this pattern can be a bear flag.. if bear flag played out op will dump heavily. It can touch .41$ again
I will take entry at current price 1.21
1st tp 1.07
2nd tp 1.02
3rd tp - .98
4th tp - .95
6th tp - .9
NOTE- use only 10x leverage do not use more than 10x leverage.
follow me for more signal.
#optimism
Click here view full post..
Coin name
#Op
Signal type
Short (bearish)
I will explain why I am bearish in op coin
1. In daily timeframe as you can see symmetrical triangle pattern are forming and it's broken down and came back for retest. this breakout now i think perfect breakout.
2. Watch out weekly RSI rejected from my trendline. So it's bearish sign.
3. BTC also bearish so op will btc movement surely.
4. symmetrical triangle pattern some time react like a bear flag this pattern can be a bear flag.. if bear flag played out op will dump heavily. It can touch .41$ again
I will take entry at current price 1.21
1st tp 1.07
2nd tp 1.02
3rd tp - .98
4th tp - .95
6th tp - .9
NOTE- use only 10x leverage do not use more than 10x leverage.
follow me for more signal.
#optimism
🚨Urgent #BTC ($BTC )Analysis🚨
Market is going perfectly fine towards $50,000. We just witnessed a pull back, you can see the difference between two areas down in the chart. Thats called planned manipulation by giants to kick- out high leverages.
Everything else is going good. Market will continue to climb up to $45000 leading to $47,000 and then straight 50,000 above. Meanwhile there will be corrections and you will dca to add more funds to your positions.
!!Don't use high leverages at them moment.
I will post altcoins analysis next. #dyor
#BinanceTournament #Op
Market is going perfectly fine towards $50,000. We just witnessed a pull back, you can see the difference between two areas down in the chart. Thats called planned manipulation by giants to kick- out high leverages.
Everything else is going good. Market will continue to climb up to $45000 leading to $47,000 and then straight 50,000 above. Meanwhile there will be corrections and you will dca to add more funds to your positions.
!!Don't use high leverages at them moment.
I will post altcoins analysis next. #dyor
#BinanceTournament #Op
#Op has broken out and has flipped resistance at $3.916 back into support and on holding this then my next targets lie at $4.287 which is the All Time High.A break above $4.287 then #Optimism will be open to making new highs above $5.In case of a pullback watch for support at $3.92 and on loosing that then $3.6 will be my target.
#BTC #ETH
#BTC #ETH
