Optimism

OP (Y25.P1.E1). More lows to come

209
Hi Traders,

Been on holidays for some time and now looking to come back with many videos and chart reads.

Optimism looks bearish as it loses a key level and now waiting to see if it can regain the weekly levels which I doubt.
Alts are likely to bleed a little more and with #OP, I'm looking for another 5 wave count.
Looking to short, like to see it get above current price and hit the weekly along with the 0.5 fib and find a nice daily rejection candle or even some reversal pattern on the smaller time frames.
Liquidity has been taken out but it might not be enough unless the ETH narrative gets a big boost but in the climate of today, tariffs of the USA have put doubt into the financial markets and so its likely to be very volatile in the coming months which will be good for trading but not for hodling.

All the best,

Regards SSAri.


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