TradingView
NickTheGreatStockTrader
12 feb 2021 12:35

COMPUSD Technical Analysis  Long

Compound / United States DollarCoinbase

Descrizione

Introduction
Hello trading-view! COMPUSD might experience a 24% rise sometime soon. It has just put into action it's symmetrical triangle pattern by breaking to the upside, and right now seems to be the best time to get in.
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Technical analysis
COMPUSD is headed for 660$, and, as I said above, this is because of it breaking out of it's triangle pattern. Here is the rest of the information concerning the trade.

Entry: 532$
Target: 660$ (24.07%)
Stop-loss: 509$ (4.51%)
Risk to Reward: 5.34
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Final thoughts
I will keep track of how many winning/losing trades I've had to see if I'm actually any good. I really should have started this sooner, but better late than never. Win rate, average risk to reward, average % profit, average % loss, and total net profit will be at the bottom of any idea I post. This will be using only analysis I make public; it doesn't include any private trades I may take. Good luck and great trading everyone! (Links down below to all past successful trades).

*not financial advice

Trade chiuso: stop raggiunto

Trade closed, stop-loss reached!
Commenti
Otap7
I trade using Binance.US, is you prediction still in play? Thanks so much!
GodLizard14235
Any plan on doing TA for BNB?
NickTheGreatStockTrader
@strongLizard14235, I'll check it out. Just specify on the exchange and write down it's full name so I know exactly what your talking about.
Otap7
Do you expect a bearish market today? Thanks
NickTheGreatStockTrader
@Otap7, I don't know. Right now it feels more bearish than bullish, just because I'm slightly in the negative, but it's too early to say at 8:00 in the morning whether or not the whole day will be one way or the other.
Otap7
@NickTheGreatStockTrader, I guess will see after 11:30 am EST or so. Thanks!
NickTheGreatStockTrader
@Otap7, no problem, and probably by then we will get the gist of what the day will be like.
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