Stewdamus' Chart Analysis & Trade Alerts

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Similar to Dogecoin, CompUSD looks ready to break!
www.stewdam.us

Similar to Dogecoin, CompUSD looks ready to break!

stewdamus
Mar 25
Share this post
Similar to Dogecoin, CompUSD looks ready to break!
www.stewdam.us

#comp #compusd #compusdt #compbtc #altcoins #tradealert #breakout #tothemoon #dogecoin

Traders,

This one looks similar to my DogeCoin post a few days ago:

[*] Inverse H&S pattern - looks to be playing out
[*] Clear target at area of confluence
[*] Similar pattern as many other altcoins ...tackling a major MA


So, here's the way I'd play this (also, similar to the recent dogecoin post):

#1 - Zoom in to the 4 hr chart.
#2 - Now, pending your risk tolerance here's how I would play this:
------ Balls of Steel Risk Tolerance - wait for confirmation above the 50 day MA. Once I see a candle close above the 50 day, that's my sign. I enter.
------ "Meh" Risk Tolerance - wait for confirmation above the neckline at $125. Once I see a candle close above that neckline, I'm golden.
------ "I'm so scared" Risk Tolerance - for you chickens that wouldn't cross a sidewalk crack without looking both ways - wait for both closing candle above $125 and another candle to open and close above $125 on the 4 hr, then enter if you dare.

Targets:

You first target shall be $152.

If you still have your grips on that diamond, then go $170.

Best to you all!
Beer money appreciated.

-Stew

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Similar to Dogecoin, CompUSD looks ready to break!
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