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imr4nkh8n

COMP Possible Breakout!

Compound / Tether (KUCOIN:COMPUSDT)  
imr4nkh8n Updated   
KUCOIN:COMPUSDT   Compound / Tether
Wedge Support and Resistance COMPUSDT compusdtidea compusdtanalysis Bitcoin (Cryptocurrency) BTCUSD BTCUSDT Falling Wedge supportandresistancezones
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wedgepattern supportandresistance compusdt compusdtidea compusdtanalysis bitcoin btcusd btcusdt fallingwedge supportandresistancezones
COMPUSDT lurking around SR flip level.

Plan A: Once price breaks out, Possible Long via Retest or pullback with potential upside targets 41, 47 and 57
Plan B: Short to possibly 31.00 zone

Remember BTC will drag COMPUSDT in it's direction so watch out for the possible Head and Shoulders on BTC that hasn't accelerated away yet proving Plan A / Plan B ideas. You can review my thoughts on this BTC Head and Shoulders here: tinyurl.com/4fzast29

Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.

If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.

snapshot
Comment:
COMPUSDT has nicely engaged.
Did you trade the rejection for almost 35% profit - congratulations!

My BTC Head & Shoulders idea which provided confluence can be found in my feed or by clicking here: www.tinyurl.com/4fzast29

Always having Plan A and Plan B scenarios helps to to FOCUS.
Don't predict - let the trades come to you and EXECUTE your EDGE.

If you like my ideas AND updates to them - let me know - drop a Boost!

Updated COMP chart:
snapshot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.