Crypto Signals | ChartMonkey
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πŸ“ŠNEUTRAL: #OPUSDT | $OP by MyCryptoParadise_Nathan (1D)
Current Price $2.40
Market Cap $2.42B
Change 1h +0.70% | 24h +5.80%


Dear Paradisers, we are intrigued by #OPs current market trends. After bouncing from the demand area and testing resistance, the next moves are crucial. A break above resistance may signal a bullish reversal and potential upward momentum. Keep an eye on the strong resistance ahead!
πŸ“ŠNEUTRAL: #OPUSDT | $OP by MarsSignals (1D)
Current Price $2.47
Market Cap $2.59B
Change 1h -0.14% | 24h +9.33%


We, at OPUSDT.1D, have observed a bearish trend on the daily chart with Optimism (OP/USDT) forming lower highs and lower lows, indicating a downtrend channel. The current price around $2.467 has a strong support level at $1.635. However, the resistance level at $4.139 is crucial as a breakout above it could signal a potential trend reversal.
πŸ“ŠNEUTRAL: #OPUSDT | $OP by Bithereum_io (1D)
Current Price $2.55
Market Cap $2.67B
Change 1h +0.35% | 24h +4.74%


OPUSDT 1D has shown a strong bullish bounce from the support zone and the overall structure looks promising. Our team will be closely monitoring the dynamic resistance and daily MA200, as a solid breakout could lead to a bullish wave with potential targets at $2.833, $3.219, $3.657, $4.095, $4.719, and $5.514. Stay tuned for updates on this potentially lucrative trade opportunity.
πŸ“ŠNEUTRAL: #OPUSDT | $OP by JustTradeSignals (4H)
Current Price $2.53
Market Cap $2.64B
Change 1h -0.30% | 24h -5.80%


We have observed that OPUSDT was trading under a declining trendline recently, with the price showing strong support and resistance levels. However, a breakout from the trendline with bullish divergence has been confirmed, indicating potential for a significant upside movement driven by bullish momentum.
πŸ“ˆLONG: #OPUSDT | $OP by TraderAAG (30M)
Current Price $2.52
Market Cap $2.65B
Change 1h +0.42% | 24h +1.18%


We are seeing a breakout in #OP/USDT as it breaks the Diagonal Trendline and continues towards a Fibonacci Golden Value Zone (FVG) in the 30-minute timeframe. We have opened a long position with tight stop loss and entries near the FVG. Stay tuned for further updates. #trading #technicalanalysis
πŸ“ŠNEUTRAL: #OPUSDT | $OP by TheSignalyst (1W)
Current Price $2.43
Market Cap $2.54B
Change 1h -1.04% | 24h +0.59%


Welcome to the OP - Enjoy The Ride πŸš— technical analysis by theSignalyst. πŸ“ˆ We have observed an overall bullish trend within the rising broadening wedge pattern in red. OP is currently undergoing a correction and approaching the lower red trendline, while retesting a strong support zone marked in blue. Stay tuned for potential trading opportunities!
πŸ“ŠNEUTRAL: #OPUSDT | $OP by TheCoinRepublic (1D)
Current Price $2.52
Market Cap $2.64B
Change 1h +0.39% | 24h +5.95%


We retested the strong support level of $2 for OP Token, with the price currently hovering in a bearish trajectory. This indicates potential for a downward movement in the near future.
πŸ“ˆLONG: #OPUSDT | $OP by annatradecharts (4H)
Current Price $2.54
Market Cap $2.64B
Change 1h +0.55% | 24h +7.44%


Attention traders, weve observed a descending channel pattern forming on #OPUSDT in the 4-hour time frame. This signals a potential 70% bullish move. Stay alert for potential buying opportunities.
πŸ“ŠNEUTRAL: #OPUSDT | $OP by P_S_trade (1D)
Current Price $2.51
Market Cap $2.63B
Change 1h -2.79% | 24h +7.24%


Today, the price of OP #Optimism has caught our attention as it bucks the trend of declining BTC and altcoins. Over the past two weeks, #OPUSDT has been moving in its own unique direction, indicating a potential shift in market dynamics. It is possible that there is some significant fundamental news fueling this movement. Keep an eye out for updates. Share your insights in the comments.
πŸ“ŠNEUTRAL: #OPUSDT | $OP by MyCryptoParadise_Nathan (12H)
Current Price $2.64
Market Cap $2.77B
Change 1h -0.55% | 24h -3.85%


Were keeping a close eye on the OP/USDT pair as it prepares for a potential retest before continuing its upward trend. Currently breaking out of a descending channel, it could retest the LTF demand zone around $2.47 after encountering resistance at the $3.04 OB-area. OP is looking promising!
πŸ“ˆLONG: #OPUSDT | $OP by TheCoinRepublic (1D)
Current Price $2.58
Market Cap $2.72B
Change 1h -0.37% | 24h -2.72%


We analyze the price action of Optimism (OP) crypto and note a formation of a rising parallel channel, with gains being reverted from the bottom mark of $2. This could signal a potentially bullish trend for OP Price.
πŸ“ˆLONG: #OPUSDT | $OP by MyCryptoParadise (12H)
Current Price $2.55
Market Cap $2.78B
Change 1h -0.07% | 24h +3.22%
RSI: 51 - Neutral 🟠


πŸ‘€ All eyes on OP/USDT as bullish momentum builds from demand zone! Our team has observed $Optimism closely and expects a breakout above descending resistance soon. πŸš€
πŸ“ŠNEUTRAL: #OPUSDT | $OP by Stoic-Trader (1D)
Current Price $2.57
Market Cap $2.79B
Change 1h -0.20% | 24h +1.07%
Current RSI: N/A
Current MACD: N/A
Current ATR: N/A
Current EMA: N/A


OP Correction Analysis: The correction surpassed the crucial gray support level, now acting as strong resistance. Price is currently held in check by this level and the broken green uptrend line. Our primary outlook suggests a completed black C wave, signaling a new uptrend. However, due to the lack of RSI divergence, our secondary count anticipates one more downward wave before a potential rally.
πŸ“ˆLONG: $OP by TraderAAG (4H)
#OPUSDT | #OP | #Optimism
Current Price $2.17
Market Cap $2.38B
Change 1h -0.60% | 24h +5.45%

4-Hourly Indicators:

β€’ RSI: 50 - Neutral 🟠
β€’ MACD: -0 - Bearish πŸ”΄
β€’ EMA: 2.19 - Below πŸ”΄

Analysis:
#OP/USDT is approaching a diagonal trendline on the 4-hour timeframe. We're looking for a breakout or retest to go long. Reclaiming $2.27 as a support level is crucial to turning bullish. Keep an eye on the price action near this trendline for potential moves.

Price Targets:
If the breakout is confirmed, the first price target is $2.27. The next significant resistance levels to watch are $2.3532, $2.6000, and a strong high target of $3.0302 for an extended bullish move.
πŸ“ˆLONG: $OP by FieryTrading (1W)
#OPUSDT | #OP | #Optimism
Current Price $1.77
Market Cap $1.93B
Change 1h -0.25% | 24h -11.07%

Weekly Indicators:

β€’ RSI: 37 - Neutral 🟠
β€’ MACD: -0 - Bearish πŸ”΄
β€’ EMA: 2.62 - Below πŸ”΄

Analysis:
OP has been trading within a bullish channel for the past two years. Despite a recent drop, the price is approaching the channel's bottom support. A bounce here could offer patient bulls a lucrative opportunity, anticipating a significant gain if the trend holds strong.

Price Targets:
If OP bounces from the channel's support, bulls can eye a target of $7. A prudent stop loss should be set below the previous long-term swing low at around $1.55 to manage risk effectively.
πŸ“ˆLONG: $OP by JoeChampion (1D)
#OPUSDT | #OP | #Optimism
Current Price $1.79
Market Cap $1.95B
Change 1h +1.68% | 24h -9.67%

Daily Indicators:

β€’ RSI: 29 - Oversold πŸ”΄
β€’ MACD: -0 - Bearish πŸ”΄
β€’ EMA: 2.27 - Below πŸ”΄

Analysis:
We're keeping a close eye on OPUSDT for a buying opportunity around the $1.620 zone. The coin is currently in an uptrend, albeit correcting back towards the daily trend line, with the $1.620 support acting as a critical level to watch. Stay alert and trade safely!

Price Targets:
Should OPUSDT bounce from the $1.620 support, we can expect initial resistance around $2.500, followed by potential targets at $3.000 and $3.500. Keep these levels in mind for a successful trade. Good luck!
πŸ“ˆLONG: $OP by planfomo (2D)
#OPUSDT | #OP | #Optimism
Current Price $1.96
Market Cap $2.20B
Change 1h -0.56% | 24h +2.52%

Analysis:
This chart for $OP (Optimism) hints at a potential rally with a falling wedge pattern indicating a bullish move as the price approaches breakout. The market is currently structured within an ascending channel on the 1-2D timeframe. A breakout could signal a full send upward.

Price Targets: If the breakout occurs, we could initially see the price climbing to $5.00 and potentially reaching the main target at $10.00. Monitoring the breakout and subsequent price action will be crucial.
πŸ“ŠNEUTRAL: $OP by MonoCoinSignal (4H)
#OPUSDT | #OP | #Optimism
Current Price $1.88
Market Cap $2.11B
Change 1h +1.00% | 24h -2.34%

4-Hourly Indicators:

β€’ RSI: 44 - Neutral 🟠
β€’ MACD: -0 - Bearish πŸ”΄
β€’ EMA: 1.94 - Below πŸ”΄

Analysis:
The trend has been strongly bearish, with the price consistently dropping below a descending trendline. However, there's a potential bullish reversal on the horizon. A break above the trendline, followed by a successful retest, could signal the start of a new upward trend.

Price Targets:
If the price breaks and retests the trendline, look for an initial target of around $2.05. Should momentum continue, the next potential targets could be $2.40 and then $2.60. Keep an eye on these levels!
πŸ“ˆLONG: $OP by GreenCryptoTrades (1W)
#OPUSDT | #OP | #Optimism
Current Price $1.76
Market Cap $1.98B
Change 1h +0.23% | 24h -2.04%

Weekly Indicators:

β€’ RSI: 36 - Neutral 🟠
β€’ MACD: -0 - Bearish πŸ”΄
β€’ EMA: 2.62 - Below πŸ”΄

Analysis:
OP is trading at $1.764 and has hit a strong support line at the bottom of the channel, which has held multiple times in the past. Watching closely to see if it continues to bounce or if there’s a chance for a break.

Price Targets:
If the price bounces, potential targets are $2.10, $2.80, and upper channel resistance at $6.74. A break below support may lead to $1.29.
πŸ“ˆLONG: $OP by Cryptorphic (3D)
#OPUSDT | #OP | #Optimism
Current Price $1.80
Market Cap $2.02B
Change 1h +0.36% | 24h +3.54%

Current Indicators:

β€’ RSI: 34 - Neutral 🟠
β€’ MACD: -0 - Bearish πŸ”΄
β€’ EMA: 2.12 - Below πŸ”΄

Analysis:
The OP/USDT chart shows a well-defined channel with the price currently testing a key support level. The RSI indicates oversold conditions, suggesting a potential reversal in the offing. The 50 EMA is acting as resistance, so traders should watch for a break above this level for confirmation of the next move.

Price Targets:
Immediate support lies around $1.37, while overhead resistance is at $2.25. If bullish momentum picks up, we could see a significant run-up towards $4.58. Stay tuned for more unbiased insights on altcoins, future trades, and HTF market calls!