TradingView
ForecastCity
Feb 24, 2021 6:18 PM

It's a great buy opportunity in COMPBTC @compoundfinance Long

COMP / BitcoinBinance

Description

Trading 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

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Comments
Sir_Ray
Good analysis, It is simple & clear
ForecastCity
@Sir_Ray, We appreciate your comment. 🌹
Sir_Ray
nice view
ForecastCity
@Sir_Ray, Thanks 🌹
Josef_anderson
Good job my friend.
ForecastCity
@Josef_anderson, We appreciate your comment. 🌹
Best_Forecast
cool job
ForecastCity
@Best_Forecast, Thanks 🌹
Kristalyn
I love your incredible idea 👌
ForecastCity
@Kristalyn, You're support is appreciated 🌹
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