COMP: COMPOUND WEDGE BREAKOUT

Price of the COMP is on the possible breakout from Wedge pattern.
Price can increase for the several levels inside range of 220 and 180.

Pls, do not forget price of the COMP is quite high, and recently it increased from 60$ up to 380$

So i greatly advice to decrease risk in the trades which increased that much recently. Always use Stop loss to avoid unnecessary loss.

According to my view I think price can make some rebound around 199-200 zone and back to 180.

Thanks for attention, stay safe
This is Artem Crypto.

Order cancelled

Comment:

notice price action isn't going well. But i can understand why: price move from 60 to 380 is definitely too much for big investors, so they avoiding this things now. My guess is buys will be huge near 100$ or lower.