Optimism (OP) Is Aggressively Breaking Every Resistance Once After Another

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2 years ago

Hi friends hope you are well, and welcome to the new updateon OP token.

On a daily time frame, OP broke out a falling wedge pattern on the 20th of Jun 2022. But after breaking out the wedge it could not breakout the key resistance of $0.62. Finally, after forming a double bottom at $0.40, OP broke out the resistance of $0.62 and formed another rising wedge pattern. A few hours ago, OP has broken out this rising wedge pattern as well and now there can be another pump expected. For a detailed analysis, you can also watch the video.

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