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InkyGrip
Aug 13, 2022 6:54 AM

COMPUSDT wants to retest the dynamic support? Short

BINANCE:COMPUSDT240
COMP / TetherUSBinance

Description

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The price is testing the 0.5 Fibonacci level below the 4h resistance after a clear breakout from the daily resistance at 64$ area.

The market got the liquidity with a spike from the 68$

How to approach it?
IF the price is going to lose the daily support and retest the previous support as new resistance we could see a retest of the dynamic support of the ascending channel, so According to Plancton's strategy, we can set a nice order
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Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.

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Follow the Shrimp 🦐

Comment

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The price is testing the previous support as new resistance.
More if the price is going to confirm it.
6% since my idea

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The price followed my arrow
a clear 10% with MTB strategy!

Comment

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The price is following my arrow.

Comment

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a Clear 20%

Comment

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25% so far

Comment

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27%
Amazing profit with MTB strategy here

Comment

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30% so far
Trend AnalysisHarmonic PatternsChart Patterns
Comments
UnknownUnicorn1935796
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Spot on analysis! What are your thoughts moving forward? I have one large inverse fibonacci pattern in play on the month chart, showing that
UnknownUnicorn1935796
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@BlondieBullx, sorry- my message cut off! *Showing that there is a large inverse fibonacci on the monthly with a 227 touch. Thoughts from here?
Artem_Dishel
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Thanks for sharing
InkyGrip
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@Artem_Dishel, thanks to you my friend
RLinda
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Keep it up)
InkyGrip
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@RLinda, cheers my friend
Solldy
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Curious presentation of technical analysis arguments 🤔 The only note I would put a lot of accent on the cluster analysis, but that is a matter of taste.
InkyGrip
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@Solldy, agreed whats ur vision?
JoeChampion
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Good job, i agree with you!
InkyGrip
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@JoeChampion, excellent happy to hear that
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