$COMP/USDT 1D (Binance Futures) Bullish flag forming

1 Mar 2021

Compound is looking ready to break bullish, but I wouldn't be surprise if markets pulls back a last time before that!
You can start manually buying some in Spot, but in Futures we'd rather wait for the safe entry.

Current Price= 458.5
Buy Entry= 405.45 - 376.09
Take Profit= 507.39 | 672.26 | 1024.81
Stop Loss= 311.93

Risk/Reward= 1:1.5 | 1:3.6 | 1:8.1
Expected Profit= +30.01% | +72.26% | +162.59%
Possible Loss= -20.07%

Fib. Retracement= 0.786 | 1.272 | 2
Margin Leverage= 1x
Estimated Gain-time= 2 months

2 Mar 2021

Not

Went up without us for now

Compound broke bullish without pulling back, but we'd rather be patient for a possible retest of the flag before big bullish move.

13 Nis 2021

Not

Retesting channel support

Compound is retracing locally and respecting the plan so far.
I will start to partially buy some in Spot now and wait patiently for entry zone in Futures!

13 Nis 2021

İşlem aktif

1st entry filled

Compound finally dipped lower and hit buy zone and bounced.
I recommend you to manually long some and add in open range if goes down there again.

13 Nis 2021

Not

Second entry filled

Compound lost 100EMA and dipped lower, could keep going to retest channel before reversing!

13 Nis 2021

İşlem kapandı: hedefe ulaştı

TP1 reached with +30.01% and +1.5R

Compound bounced on flag retest and regained 50MA, looking good for bullish continuation!

28 Nis 2021

İşlem kapandı: hedefe ulaştı

🎯TP2 reached with +72.26% (1x) and +3.6R

Compound dipped a last time to entry zone then hit second target bringing clear profit without leverage!