AlanSantana

Compound (COMP) Can Shoot Up Soon! (How To Trade!)

Long
BINANCE:COMPBTC   COMP / Bitcoin
This baby boy, COMPBTC, might be getting ready for a nice and strong bullish move.

I have to say that there are no strong signals yet on this chart... I would say only "early signals" by experience, so nothing really there yet but, prices are likely to jump in the coming days (max a few weeks).

Remember, you need a strong stop-loss and a well-built plan in order to trade this or any other altcoin pair.
Jumping in blinding into any pair can result in money lost.

Is better to plan ahead of time...

What to do if prices go down?
For how long would I hold?
Where to stop my loss?

If prices start going up, where to sell and collect profits?
For how much?
What would I do if I sell and prices continue higher?

Answering some of these basic questions can help you plan ahead and keep your head cool when things start to roll.

The better prepared you are, the better the results.

Wealth & Love!

Namaste.

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