➖ Optimism has been dropping since, well, since inception. It produced a strong bounce for the first time in July 2024. The bounce led to a lower low in early August and after mid-August the action moved back above the July 2024 low.
This law is clearly marked on the chart. This a short-term chart setup.
➢ As long as OPBTC trades above this level, the July 2024 low, it has growth potential. The chart becomes bullish. If the action moves below, it turns bearish.
➢ This setup can be traded with a very tight stop-loss. It would be something like 8% risk, with 100% or more for potential reward. Low risk vs a high potential for reward. Great RRR.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.