$COMP/USDT 1D (Binance Futures) Falling wedge on support
Updated
Compound is forming a very bullish pattern, we just missed the dip but we may have a new opportunity soon.
Current Price= 240.39
Buy Entry= 215.25 - 192.55
Take Profit= 203.90 | 352.78 | 422.91
Stop Loss= 151.73
Risk/Reward= 1:1.5 | 1:2.85 | 1:4.2
Expected Profit= +38.25% | +73.02% | +107.41%
Possible Loss= -25.59%
Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 1x
Estimated Gain-time= 2.5 months
Current Price= 240.39
Buy Entry= 215.25 - 192.55
Take Profit= 203.90 | 352.78 | 422.91
Stop Loss= 151.73
Risk/Reward= 1:1.5 | 1:2.85 | 1:4.2
Expected Profit= +38.25% | +73.02% | +107.41%
Possible Loss= -25.59%
Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 1x
Estimated Gain-time= 2.5 months
Trade active
First entry filledCompound did not forget about us and dipped back retesting demand zone.
Trade closed: target reached
TP1 reached with +38.25% (1x) and +1.5RCompound broke-out bullish and is very likely to continue the pump!
Trade closed: target reached
TP2 reached with +73.02% (1x) and +2.85RCompound continued the upward move as expected, amazing profit and one target to go.
Trade closed: target reached
TP3 reached with +107.41% (1x) and +4.2RCompound killed it achieving all targets way faster than expected and regaining 200MA 😎
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