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FieryTrading
Feb 6, 2021 9:41 PM

🔥 COMP/BTC Bullish Trend Opportunity Long

COMP / BitcoinBinance

Description

COMP is one of the crypto's which is been absolutely killing it in the last couple of weeks, especially the USDT pair. However, the BTC pair has been lagging behind a bit.

With today's decline there's appeared a good long opportunity on the COMP/BTC pair. As I'm seeing it, today's decline is merely some of the larger investors taking profits without interfering in the overall trend.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.

Happy trading!
Comments
TheSignalyst
Well done brother
FieryTrading
@TheSignalyst thanks🙏
Mahtab_Tradia
Well done! Thanks for sharing
ProjectSyndicate
strong chart, seems like we got v-shape recovery in progress now.
FieryTrading
@ProjectSyndicate, Appreciated
Henry_Ross
Cool!
FieryTrading
@Henry_Ross, Glad to hear!
Stargazer_fx
great analysis as always
FieryTrading
@Stargazer_fx, cheers🔥🔥
MMBTtrader
You nailed it.
Thanks for sharing
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