COMPUSDTPERP
Can it hold above these KEY levels of support to go higher?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Will DEFI Continue to Correct?DEFI has been a huge part of the crypto market as of late. So it is important to keep an eye on the index for this group. Today we will be looking at the DEFI ticker and see what we can find out. Let’s hop onto the chart!
So since the market topped, we have watched the DEFI downtrend take place. There are some signs of a reversal here, but we need to see a higher low be put in on the price and the RSI to be sure of a reversal. Right now, we are seeing a failure on the trend line, but we could see the 61.8% retracement act as a support. If we fail here, we will likely go down to the 78.6% retracement and put in a lower low. This would likely create a second bullish divergence and we would feel comfortable taking a long position if this occurs. Overall, it looks like the trend will continue for now.
Happy Trading!
comp/usdt compound double bottom #long #bullishcomp/usdt dumped hard recently from 270$ to 125$
now its trading around 143-144
double bottom is clear in chart
we will buy the break of resistance around 148$
entery now at 144 is higher risk
targets :
152.5
159
165
175
after you buy stop should be 4H candle close below 137.98
good luck
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COMP/USDT Scalp Trading Enter : 172 - 174
Exit : 176 , 177 , 179 , 181
Target 3 And 4 For Risk Lover
STOP : 170.5
Leverage : 1-5
Good Luck
COMP LongAs short term comp can go as follows
Entry zone: 156 - 157-158
Target 1: 165.4
Target 2: 171
Target 3: 178
Target 4: 183
Target 5: 186
Target 6: 189
Target 7: 192
if comp cross 189 resistance then it can go up to 210-220.
take your own decision and trade.
