Compound TokenUpdated My Bullish Scenario for COMP/USD 4h chart.
COMP just broke the trendline in the descending channel and if the support holds I expect it to go up.
Disclaimer: This is not a financial advice. I'm fairly new to trading and I'm just publishing my ideas for learning purposes. I'm open to any form of criticism.
Disclaimer: This is not a financial advice. I'm fairly new to trading and I'm just publishing my ideas for learning purposes. I'm open to any form of criticism.
Note
The first support didn't hold so looks like we'd be testing the second support forming a double bottom and then pumping back to test all the resistance levelsTrade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.