COMP is approaching a price area that previously acted as a clear accumulation zone before a strong expansion higher.
The 15.92–16.25 range was tested multiple times before buyers finally took control and pushed price significantly above $20. What makes this area interesting is not a single reaction, but the amount of time price previously spent accepting value here before the breakout.
For this setup I am looking at:
Long zone: 15.92–16.25
Invalidation: 15.54
Risk: 1%
If price returns into this area and the structure remains valid, I see roughly 2–35% potential clean movement depending on how much of the previous expansion gets recovered.
The stop is placed below the whole structure. Acceptance below 15.54 would invalidate the setup rather than simply represent another test of support.
Clean zone, clear invalidation and enough room above to make the setup interesting.
#COMP #COMPUSDT #Crypto #Long
The 15.92–16.25 range was tested multiple times before buyers finally took control and pushed price significantly above $20. What makes this area interesting is not a single reaction, but the amount of time price previously spent accepting value here before the breakout.
For this setup I am looking at:
Long zone: 15.92–16.25
Invalidation: 15.54
Risk: 1%
If price returns into this area and the structure remains valid, I see roughly 2–35% potential clean movement depending on how much of the previous expansion gets recovered.
The stop is placed below the whole structure. Acceptance below 15.54 would invalidate the setup rather than simply represent another test of support.
Clean zone, clear invalidation and enough room above to make the setup interesting.
#COMP #COMPUSDT #Crypto #Long
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.