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.
Operación activa
Dips are for buying now
💥 Free signals and ideas ➡ t.me/vfinvestment
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
💥 Free signals and ideas ➡ t.me/vfinvestment
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.