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$COMP/USDT 4h (Binance Futures) Descending triangle breakout
COMP / TetherUS PERPETUAL CONTRACT
Long
$COMP/USDT 4h (Binance Futures) Descending triangle breakout
By TradingOn
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Feb 22, 2021
2
Feb 22, 2021
Compound could bounce here if market allows recovery
Current Price= 456.48
Buy Entry= 456.98 - 448.50
Take Profit= 499.27 | 545.63 | 629.88
Stop Loss= 415.61
Risk/Reward= 1:1.25 | 1:2.5 | 1:4.77
Expected Profit= +20.56% | +41.04% | +78.26%
Possible Loss= -16.40%
Fib. Retracement= 0.618 | 0.786 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 240 hours
COMP
Trend Analysis
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