$COMP/USDT 12h (Binance Futures) Falling wedge breakout & retest
Compound just regained 50MA support and looks ready to push higher towards 200MA resistance, let's not miss next dip!
Then, we'll see if strong enough to break out of the big symmetrical triangle and start a massive bull-run.
That DeFi / BSC governance token is a DAO lending protocol, also part of Polkadot & Avalanche Ecosystem, more info on compound.finance/
Current Price= 348.23
Buy Entry = 343.23 - 331.29
Take Profit= 384.87 | 437.98 | 491.78
Stop Loss= 305.42
Risk/Reward= 1:1.5 | 1:3.16 | 1:4.85
Expected Profit= +28.24% | +59.72% | +91.64%
Possible Loss= -18.88%
Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 1.5 months
Then, we'll see if strong enough to break out of the big symmetrical triangle and start a massive bull-run.
That DeFi / BSC governance token is a DAO lending protocol, also part of Polkadot & Avalanche Ecosystem, more info on compound.finance/
Current Price= 348.23
Buy Entry = 343.23 - 331.29
Take Profit= 384.87 | 437.98 | 491.78
Stop Loss= 305.42
Risk/Reward= 1:1.5 | 1:3.16 | 1:4.85
Expected Profit= +28.24% | +59.72% | +91.64%
Possible Loss= -18.88%
Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 1.5 months
Always manage risk accordingly, respect leverage and position size!
Auto trading channels (using Cornix bot):
t.me/TradingOnCornix
t.me/HedgeMeDerivatives
t.me/HedgeMeSpot
Don't hesitate to DM for more info!
Auto trading channels (using Cornix bot):
t.me/TradingOnCornix
t.me/HedgeMeDerivatives
t.me/HedgeMeSpot
Don't hesitate to DM for more info!
Pubblicazioni correlate
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Always manage risk accordingly, respect leverage and position size!
Auto trading channels (using Cornix bot):
t.me/TradingOnCornix
t.me/HedgeMeDerivatives
t.me/HedgeMeSpot
Don't hesitate to DM for more info!
Auto trading channels (using Cornix bot):
t.me/TradingOnCornix
t.me/HedgeMeDerivatives
t.me/HedgeMeSpot
Don't hesitate to DM for more info!
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.