💎 COMP has recently broken out of the resistive trendline and the neckline of an inverse head and shoulders pattern, while also displaying signs of CHoCH and BOS, indicating a bullish market structure and increasing the probability of a bullish market. 💎 If COMPUSDT undergoes a proper retest and begins to exhibit bullish candlestick patterns in that area, it...
COMP is at HTF in daily chart. and as per chart it looks like bearish retest. Hence we can short here with easy invalidation.
Here's a nice cup and handle pattern on 4hr timeframe in COMPUSDT. Let's see how much bigger pump this one gives! All the important support and resistance levels are drawn already.
Here are the important price levels to watch out for in COMPUSDT. So far, it has followed the levels pretty accurately.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (307). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . COMPUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.007980). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . COMPBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Next stop may be 145USDT. Let us see what will happen. It is not an investment advice.
COMP/BTC forming falling wedge on 4H TF, Major Support : 0.0135, 10% Profit With RR Ratio Of 1.33
This setup looks like the best long opportunity to long $COMP as per the btc dump!