The OP token has entered a bearish phase after completing a triangle pattern. We are currently in this bearish phase.
Such large bearish phases typically require a sweep of liquidity from key levels before ending. It appears that OP, after sweeping the liquidity below support levels, may reverse and enter a bullish phase.
The targets have been marked on the chart.
A daily candle close below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Such large bearish phases typically require a sweep of liquidity from key levels before ending. It appears that OP, after sweeping the liquidity below support levels, may reverse and enter a bullish phase.
The targets have been marked on the chart.
A daily candle close below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.