$COMP/BTC 12h (Binance Spot) Falling wedge breakout and retest

Compound

Yorum:

#Compound is looking bottomed here, let's swing!

Current Price= 0.004232
Buy Entry= 0.004246 - 0.003984
Take Profit= 0.004851 | 0.005513 | 0.006788
Stop Loss= 0.003615

Risk/Reward= 1:1.5 | 1:2.83 | 1:5.41
Expected Profit= +18.03% | +34.14% | +65.16%
Possible Loss= -12.04%

Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 600h

İşlem kapandı: hedefe ulaştı:

TP1 reached with +18.03% (1x) & 1.5R

Very nice move for #Compound, I hope you made the most of that call!
Now a W pattern is forming, road to higher targets I believe.

İşlem kapandı: hedefe ulaştı:

TP2 reached with +34.14% (1x) and 2.83R 🎯

Compound pushed higher, huge profit in Spot, wait for last target!

İşlem kapandı: hedefe ulaştı:

TP3 reached with +65.16% (1x) and 5.41R

#Compound went for all targets as well, very nice swing trade!