Optimism - Long setup

١١ أغسطس ٢٠٢٤

I believe we will see another dip into ~1.3$ later this day/after weekly open. Obvious key level would be 2$ which would be our first target. Main target somewhere around 2.5-2.6 by end of august.

Stay safe!

١١ أغسطس ٢٠٢٤

تم فتح الصفقة

Trade active :) Dropped into miy bids.

١٢ أغسطس ٢٠٢٤

ملاحظة

Looking good so far. Now it should not drop below the weekly low anymore, moved up my stop already.

١٢ أغسطس ٢٠٢٤

ملاحظة

Hm, had some momentum but is now hesitating to break 1.5ish. Moved my stops BE as this could take out the weekly low later. If so, ~1.2 would be the next support.

١٥ أغسطس ٢٠٢٤

ملاحظة

Unfortunately it couldn't keep up with the momentum. Target of 1.2 is still valid.

٢١ أغسطس ٢٠٢٤

ملاحظة

1.2 has held so far but momentung has died and it's just moving sideways like the rest of the market. Not interested until we see a move in either direction.

٢٣ أغسطس ٢٠٢٤

ملاحظة

Looks like Optimism wants higher :) Main target remains the same, should run into ~2.6$ coming weeks. 1.8$ would be the first big resistance.