✴️ Optimism Rising Channel & 165% Potential Target

15 nov. 2023Optimism (OPUSDT) has been moving within a very strong rising channel, currently supported by a high reading on the RSI and rising volume.

Each time the lower boundary, the lower support or trendline of the channel gets tested and holds, a new bullish wave develops. Recently, this supportive trendline has been tested twice and continues to hold long-term.

As expected, prices are now moving higher, aiming towards the upper boundary which can produce gains equaling 165% from the current price, a target of $4.77 in the coming months.

With wisdom and patience, this pair like other Altcoins can produce a strong rise, we buy and hold.

The targets on the charts are conservative targets, by the end of the bullish wave the peak price can be higher than what we expect... Hope for the best, prepare for the worst.

Namaste.

27 dec. 2023

Kommentera

First target hit with prices soaring higher up to 120%.
Additional growth possible.