Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
First of all, I post in this TA those successful projections in December 2020. I hope that you hold it and probably taking profits now OR...
COMP has just exited the downtrend and $160 zone shows good buying force. This can help COMP to rise sharply to $220 zone and if it breaks out of this zone, COMP can easily rise to $300.
-Buy: 155-165$. SL if B
-Sell: 215-225$. SL if A
-Sell: 290-300$. SL if A
-Sell: 155-165$ if B. SL if A
-Buy: 125-135$ if A. SL if...
Yesterday I announced the possibility of pumping
More information is available now
comp conquered 0.5 Fib level in 4 hours time frame
Now my new Targets are as follows:
Target_1: Fib 1
Target_2: Fib 1.236
This is not financial advice
This is my analysis at the moment and everything can always change
In my opinion, we have two goals ahead
The first is about half the height of the channel
Second to the height of the channel
The second goal is the previous ceiling, which we will wait for the next reaction