$COMP/USDT 6h (Binance Futures) Falling wedge facing resistance
Compound is surely down-trending, normally we would try to long here, but since it did not break-out yet better go with the flow!
Current Price= 385.77
Sell Entry= 385.40 - 385.40
Take Profit= 323.11 | 266.67 | 216.61
Stop Loss= 457.12
Risk/Reward= 1:1.25 | 1:2.19 | 1:3.03
Expected Profit= +18.70% | +32.90% | +45.50%
Possible Loss= -15.02%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Current Price= 385.77
Sell Entry= 385.40 - 385.40
Take Profit= 323.11 | 266.67 | 216.61
Stop Loss= 457.12
Risk/Reward= 1:1.25 | 1:2.19 | 1:3.03
Expected Profit= +18.70% | +32.90% | +45.50%
Possible Loss= -15.02%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Always manage risk accordingly, respect leverage and position size!
Auto trading channels (using Cornix bot):
t.me/TradingOnCornix
t.me/HedgeMeDerivatives
t.me/HedgeMeSpot
Don't hesitate to DM for more info!
Auto trading channels (using Cornix bot):
t.me/TradingOnCornix
t.me/HedgeMeDerivatives
t.me/HedgeMeSpot
Don't hesitate to DM for more info!
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Always manage risk accordingly, respect leverage and position size!
Auto trading channels (using Cornix bot):
t.me/TradingOnCornix
t.me/HedgeMeDerivatives
t.me/HedgeMeSpot
Don't hesitate to DM for more info!
Auto trading channels (using Cornix bot):
t.me/TradingOnCornix
t.me/HedgeMeDerivatives
t.me/HedgeMeSpot
Don't hesitate to DM for more info!
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.