COMP
COMPUSDTI got a feeling that too many of you guys are stuck in this coin day trading.
I did a great jump up, FOMO happened and here comes the dump.
If you still got it and your liquidation point isn't anywhere close, hold it.
It's got 2 strong supports + a strong lower Bollinger band which can activate support even more and stronger than before.
It's an alt coin so you won't end up losing money if you don't panic sell now.
This is not a trade setup, it's for the people who already bought this coin and are having panic sells.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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$BNT Up Only. It's TimeMy $BNT bag has been very heavy. Bought more on FA than technicals. OBV Volume breaking out, could mean higher prices ahead. $10 to $15 by end of April, $25 by Summer would be my guess. $vbnt burn is live and exchange supply is ATL's. Most $BNT is staked in the platform, roughly 70-75%.
COMP-PERP | Short tradeHTF trend is bearish . Left clean lows on the way up, swept the high into the 61.8 and broke MS . Came back up to form a lower high that was swept and broke down further. Entered on market after the second break of MS . First target is the low of this corrective leg, second and third targets are the extension levels.
$COMPUSD - Long on Triangle and FlagHello everyone!
Compound is traded inside a symmetrical triangle, the projection on the chart is theoretical based on the price action.
There are two points where I suggest to close long positions, 1 - based on the flag pattern, 2 - based on the triangle pattern.
You can partially close position at 1 and wait for 2, up to you.
The best point to keep in mind in all chart pattern trades is wait for a breakout, the best of the best is wait for a breakout and retest, so wait for a signal and perform the necessary trade.