theCrypster

COMPETH - Watch this Travel to Lower Edge of Consolidation

Kort
KRAKEN:COMPETH   None
We've some seriously strong trades from CTv2 with COMPETH over the last 12 months - and this 10% short could be another one!

With the price having recently been rejected creating a descending trend line and the price dropping below a historical level of support/resistance; it looks like we've once again entered the consolidation area which the price has ranged in numerous times before.

There'll inevitibly be some choppiness to this trade but we're pretty confident we'll very soon see the price hit the lower edge of this consolidation zone, offering a nice 10% profit in this short trade from CTv2 as it goes!

If you enjoyed or agree with this idea - drop us a comment, like & follow! :)

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.