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COMP/BTC buy the retest
Compound / Bitcoin
Long
COMP/BTC buy the retest
By kautilya_k
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Updated
Dec 14, 2020
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Dec 14, 2020
COMP recently broke out of its resistance forming a higher high.
It is now retesting the very same resistance flipped support and seems to be holding well.
Open LONG position here and sell if the 4H closes below the line.
This line also happens to be the 50% fib retracement level.
MACD also is trying to flip green indicating a confirmation of bottom.
Dec 14, 2020
Trade active
Chart Patterns
COMP
compbtc
compbtclong
complong
Cryptocurrency
Fibonacci Retracement
Technical Indicators
Trend Analysis
kautilya_k
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