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COMP / UST

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COMPUST trade ideas

Compound (COMP) Buy ZoneCompound (COMP) Buy Zone -------------------- BIAS Mid-Term : Bullish Long-Term : Bullish Risk : High Currently above our second trend-line support after a weak short term bounce, Compound is looking bullish in mid term. We expect at least a $260 retest on which the entire market depends. -------------------- $COMP/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 235 - 251 TP 1 : 259.5 TP 2 : 274 TP 3 : 289.5 TP 4 : 313 TP 5 : 331 TP 6 : 368 TP 7 : 407 TP 8 : 449+ Stop Loss : 209 *Maximum 2% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
2
More likely scenario The complete impulse wave has done at $911. Because of golden ration at the 4th wave. Next, the correction wave has been happening within wave A and wave B that has done. And wave C is progressing. My angle, I realized the wave C has been progressing three waves turn down to $175 and the 4th wave next, maybe go up to $270. In the correction wave, we have the golden ratio with wave B = 0.618 Fib wave A. So more likely, this is a zigzag wave. Wave C = 1.382 wave A because the 3rd wave of wave C passed wave A. At $175, we have a Fib Clusters of the impulse wave C and the correction wave ABC. Time will tell! If you like my idea, let's support me by hit a button like and follow me.
Short
by trieutv