Downloading...
COMP / TetherUS
Short
Updated

COMPUSDT wants to retest the dynamic support?

488
The price is testing the 0.5 Fibonacci level below the 4h resistance after a clear breakout from the daily resistance at 64$ area.

The market got the liquidity with a spike from the 68$

How to approach it?
IF the price is going to lose the daily support and retest the previous support as new resistance we could see a retest of the dynamic support of the ascending channel, so According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.

–––––
Follow the Shrimp 🦐
Note
The price is testing the previous support as new resistance.
More if the price is going to confirm it.
6% since my idea
snapshot
Note
The price followed my arrow
a clear 10% with MTB strategy!
snapshot
Note
The price is following my arrow.
snapshot
Note
a Clear 20%
snapshot
Note
25% so far
snapshot
Note
27%
Amazing profit with MTB strategy here snapshot
Note
30% so far
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.