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Madoir
Jul 15, 2023 5:11 PM

COMPUSDT time to short Short

COMP / TetherUS PERPETUAL CONTRACTBinance

Description

The current status of the BINANCE:COMPUSDT is as follows:

The BINANCE:COMPUSDT has experienced a great rally and has moved directly towards one of the historical resistances at $75.
However, we are seeing divergence in the rsi indicator in both the daily and 4-hour timeframes, which indicates a weakening trend and also a good opportunity for those who had long positions to exit.

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Trade closed: stop reached

Comments
Dealerify_HUNTER
Excellent. I enjoyed this practical analysis
Madoir
@Dealerify_HUNTER, thank you 🙌
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