Interested in Comp/USD at this level.
Updated
I like what I see on this asset at this level, though I wish there was more price history to validate support because it just recently "bottomed", but we all know that could go out the window on a significant fundamental move or maybe even another push higher by BTC.
Reasons:
1.) I like that it is near bottom of value and definitely in the location where I seek out potentially profitable assets.
2.) It was embedded oversold for a few months and now has emerged and even put a double bottom in, if it remains that way after close.
3.) There is clearly a lot of work to be done on the volume profile, but a return to the 50% level would put us above value and at significant return.
4.) There is a cute double bottom working in price action.
5.) Multiple moving average convergence, YES!
What I would like to see improve:
COMPUSD
1.) Would like to see green volume impetus
2.) Would like to see OBV turn up and cross moving average.
3.) Wish I had some support from past price action.
I also like relatively low circulating supply.
*This is for entertainment purpose only and should not be construed as financial or trading advice. DYOR.
Reasons:
1.) I like that it is near bottom of value and definitely in the location where I seek out potentially profitable assets.
2.) It was embedded oversold for a few months and now has emerged and even put a double bottom in, if it remains that way after close.
3.) There is clearly a lot of work to be done on the volume profile, but a return to the 50% level would put us above value and at significant return.
4.) There is a cute double bottom working in price action.
5.) Multiple moving average convergence, YES!
What I would like to see improve:
COMPUSD1.) Would like to see green volume impetus
2.) Would like to see OBV turn up and cross moving average.
3.) Wish I had some support from past price action.
I also like relatively low circulating supply.
*This is for entertainment purpose only and should not be construed as financial or trading advice. DYOR.
Trade active
Trade still working away.Trade active
Riding the wave 🏄🏻♂️Trade active
🏄🏻♂️Trade active
Aging like a fine wine.🥂
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.