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Piggy_Profit
Sep 2, 2020 6:53 AM

COMP not done just yet! Long

COMP / TetherUSBinance

Description

COMP is currently testing daily, golden retracement and trendline support which I suspect is going to hold considering the hidden bullish divergence signal on 4H stochrsi which usually signals continuation in a trending market. Declining sell volume on this drop in confluence with major support and hidden bullish div makes me boolish at least for the short term.

Targeting $290 - $305 for this next leg up

Comment

Target $296 - $313 (4.236-4.618 extension of inital impulse)

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