💡Don't miss the great buy opportunity in COMPUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (419.90).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. COMPUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 457.81
TP2= @ 494.18
TP3= @ 530.54
TP4= @ 570.00
TP5= @ 620.29
SL= Break below S2
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COMPUST trade ideas
COMP HTF WonderCurrently watching 1hr swings build momentum.
should structure hold, we've been in a major accumulation channel a very many months.
Trading Disclaimer:
All trades and ideas posted from this account, including setups, are given for educational purposes only. 95% of trades never win, and instead realize losses. Trading involves risk, there are zero guarantees that you will win any given trade, including this one or others related to it or this account. If you follow any setups, you do so at your own risk, taking full responsibility of any actions and / or outcomes. Nothing posted is to be taken as financial advice. The information and opinions presented by this account should not be construed as investment or trading advice, and is not meant to be a solicitation or recommendation to take actionable trading on any asset, cryptocurrency, securities, or any other tradable digital asset.
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Coffee Boy of CL .
COMPUSDT 8/1/2021Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
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Technical Analysis
Seems like, I see some signs that the price is bottoming and starting to make impulsive moves. I think, It’s a potential reversal from downtrend to uptrend, if the price at least breaks the 61.80% and the previous all-time high at $ 911.00. All information is in the chart.
Elliot Wave
Weekly
Daily
4HR
1HR
Pullback to 1HR Support
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Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
COMP/USDT - Long term setup - 200%+Hello, Traders!
When the Index (Bitcoin) rises, most altcoins either lag behind in growth or on the contrary begin to lose value.
This can be used to get discounts on fundamentally strong assets with a clear team and a strong market maker.
At the moment, the price of the asset has gone under the MA100 and MA200 on the daily timeframe, which shows signs of weakness.
In the long term, we can seek purchases on a correction:
30% of the position may be gained in the range of $267 - $339
70% of the position may be gained in the range of $185 - $245.
The range for an exit by stop-loss is $85 - $125
Price levels would be buy targets
$492
$608
$691
$786
$852
Risk/profit ratio 1/5 ✅
Good luck and watch out for the market!
P.S. This is an educational analysis that shall not be cosnidered a financial advice