COMP/USDT 6h: Descending channel breakout & pullback

Compound is looking bullish at last, it could be a good hedging position during Bitcoin correction.
Current Price= 143.85
Buy Entry= 144.02 - 139.00
Take Profit= 156.91 | 185.43 | 205.51
Stop Loss= 125.91
Risk/Reward= 1:1 | 1:2.85 | 1:4.16
Expected Profit= +32.64% | +92.85% | +135.48%
Possible Loss= -32.64%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 480h
Current Price= 143.85
Buy Entry= 144.02 - 139.00
Take Profit= 156.91 | 185.43 | 205.51
Stop Loss= 125.91
Risk/Reward= 1:1 | 1:2.85 | 1:4.16
Expected Profit= +32.64% | +92.85% | +135.48%
Possible Loss= -32.64%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 480h
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إخلاء المسؤولية
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.