Similar to Dogecoin, CompUSD looks ready to break!
#comp #compusd #compusdt #compbtc #altcoins #tradealert #breakout #tothemoon #dogecoin
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.
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.