COMPUSDTThere has been a test of resistance already followed by a push downward. The current position is just a little retracement that gave us our entry. Expecting it to continue moving downward.
Compusdtshort
COMPUSDT at monthly resist, likely to head to monthly supportThe price has hit the confluence of monthly, weekly and daily resistance. This level has pushed the price several times down. Would this time be different? It is possible that this time is different as resistances are meant to be broken when the price rallies. However, the system says, the probability favors a short here towards the monthly and weekly support. I case it breaks the resistance and trades above for a while, then a long will become favorable.
COMPUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market
Target zone: 40-35
after first target reached move ur stop to breakeven
Stop: ~67 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 2
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
