TradingOn

$COMP/USDT 1D (Binance Futures) Falling wedge on support

Long
TradingOn Updated   
BINANCE:COMPUSDT.P   COMP / TetherUS PERPETUAL CONTRACT
Compound is forming a very bullish pattern, we just missed the dip but we may have a new opportunity soon.

Current Price= 240.39
Buy Entry= 215.25 - 192.55
Take Profit= 203.90 | 352.78 | 422.91
Stop Loss= 151.73

Risk/Reward= 1:1.5 | 1:2.85 | 1:4.2
Expected Profit= +38.25% | +73.02% | +107.41%
Possible Loss= -25.59%

Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 1x
Estimated Gain-time= 2.5 months
Trade active:
First entry filled

Compound did not forget about us and dipped back retesting demand zone.

Trade closed: target reached:
TP1 reached with +38.25% (1x) and +1.5R

Compound broke-out bullish and is very likely to continue the pump!

Trade closed: target reached:
TP2 reached with +73.02% (1x) and +2.85R

Compound continued the upward move as expected, amazing profit and one target to go.

Trade closed: target reached:
TP3 reached with +107.41% (1x) and +4.2R

Compound killed it achieving all targets way faster than expected and regaining 200MA 😎


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