COMP/BTC buy the retest

Updated
  • COMP recently broke out of its resistance forming a higher high.
  • It is now retesting the very same resistance flipped support and seems to be holding well.
  • Open LONG position here and sell if the 4H closes below the line.
  • This line also happens to be the 50% fib retracement level.
  • MACD also is trying to flip green indicating a confirmation of bottom.
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Chart PatternsCOMPcompbtccompbtclongcomplongCryptocurrencyFibonacci RetracementTechnical IndicatorsTrend Analysis

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