Compound/Tether
Long
Updated

COMP: COMPOUND WEDGE BREAKOUT

1 029
Price of the COMP is on the possible breakout from Wedge pattern.
Price can increase for the several levels inside range of 220 and 180.

Pls, do not forget price of the COMP is quite high, and recently it increased from 60$ up to 380$
snapshot

So i greatly advice to decrease risk in the trades which increased that much recently. Always use Stop loss to avoid unnecessary loss.

According to my view I think price can make some rebound around 199-200 zone and back to 180.

Thanks for attention, stay safe
This is Artem Crypto.
Order cancelled
Note
notice price action isn't going well. But i can understand why: price move from 60 to 380 is definitely too much for big investors, so they avoiding this things now. My guess is buys will be huge near 100$ or lower.

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.