Compshort
COMPETH - Watch this Travel to Lower Edge of ConsolidationWe've some seriously strong trades from CTv2 with COMPETH over the last 12 months - and this 10% short could be another one!
With the price having recently been rejected creating a descending trend line and the price dropping below a historical level of support/resistance; it looks like we've once again entered the consolidation area which the price has ranged in numerous times before.
There'll inevitibly be some choppiness to this trade but we're pretty confident we'll very soon see the price hit the lower edge of this consolidation zone, offering a nice 10% profit in this short trade from CTv2 as it goes!
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COMPBTC - A Chance of a Quick 10% ShortWe've had some massive gains with COMP over the last few years, plenty of 30%, 40% and even larger trades, a bit of confusion recently during a slightly more choppy period but profit's profit!
Crypto Tipster v2 is currently showing a Short signal and we could expect to see the price at least reach the nearest level of support at a few percent down, maybe reaching the incoming upward trend line which would take the price to around 10% below where it's currently sat.
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COMP Short **Scalp potentialMoving into potential reversal zone - BINANCE:COMPBUSD
High pressure zone, with a longstanding resistance. Seeing reversal on the HTF, MTF and LTF indicators.
Potential for a 3+ R:R scalp short with SL, TP #1,#2 & #3 in chart.