HurricaneCapital

OPUSDT: Deep decline could start right now

Short
BYBIT:OPUSDT   OPUSDT SPOT
Previously I have published an idea for OPUSDT.
Now, I made adjustments to the current wave count.

The price successfully overcame the uptrend line, forming an impulse in the assumed wave 1.
At the moment, wave 2 is being formed, in which the most highly effective trades are opened (according to trading rules by Elliott Waves).

I opened a short position and plan to increase the volume of the position at breakdown of the price minimum of wave 1.
The target level for taking profit now at $0.1.
The risk-to-profit ratio reaches 1:8.

Best Regards,
CEO Tornado Capital


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