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COMP

$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.
KRAKEN:COMPUSDLong
by realMarketSurfer
2
Compound looks set for a march northCompound looks really attractive based on the trading signals. It has also formed a bullish pennant. The problem with these trading signals is that they aren't always that accurate with assets that have such a small market cap. Nevertheless, its looking interesting. Please like and follow for daily posts on various asset classes. Please also share your views on the trading ideas and whether or not you find them to be of any value to you as a trader. Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not result in speculative decisions in any digital asset.
KRAKEN:COMPUSDLong
by JesseMorgans
It's a great buy opportunity in COMPBTC @compoundfinanceTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.007980). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . COMPBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 48. Take Profits: TP1= @ 0.009700 TP2= @ 0.011300 TP3= @ 0.013620 TP4= @ 0.016600 TP5= @ 0.019640 TP6= @ 0.022900 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
24