Double Bottom on Strong Support
Compound looks like it could double bottom on a strong historic support of $180.
-Volume spike on the way down to retest $180.
-Bullish divergence on the 1D time frame.
-Starting to make a higher high on the 4H time frame.
-Volume spike on the way down to retest $180.
-Bullish divergence on the 1D time frame.
-Starting to make a higher high on the 4H time frame.
Trade closed: stop reached
Broke below support.
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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.