Hi Traders
Today we are analysing COMP/USDT (BINANCE) on 4-hour timeframe.
The price has been consolidating heavily around $40 support level, showing multiple rejections and signs of potential exhaustion.
I recommend waiting for a slight dip below this support zone ($40) to trap late sellers and look for a potential long entry.
If the pattern holds, we could see a strong bullish reversal targeting the resistance ($60) which offers a favourable risk-to-reward setup.
Keep an eye on price action for confirmation before entering.
Today we are analysing COMP/USDT (BINANCE) on 4-hour timeframe.
The price has been consolidating heavily around $40 support level, showing multiple rejections and signs of potential exhaustion.
I recommend waiting for a slight dip below this support zone ($40) to trap late sellers and look for a potential long entry.
If the pattern holds, we could see a strong bullish reversal targeting the resistance ($60) which offers a favourable risk-to-reward setup.
Keep an eye on price action for confirmation before entering.
액티브 트레이드
Dips are for buying now
💥 Free signals and ideas ➡ t.me/vfinvestment
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
💥 Free signals and ideas ➡ t.me/vfinvestment
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.