Start of major Wave 3
COMP has reached the 100% extension of the C wave as shown on the chart. I use Trend Based Fib. Extension tool to predict potential reversal areas.
As you can see we had a complex major ABC correction that lasted almost 10 months.
I am expecting a major wave 3 that could bring us to well above 1000usd. For this theory to have higher probability of happening, we need to break the 200usd soon. At that point I will become even more bullish.
My target for this trade will be 370usd and I will reassess at that point.
Follow for more updates.
As you can see we had a complex major ABC correction that lasted almost 10 months.
I am expecting a major wave 3 that could bring us to well above 1000usd. For this theory to have higher probability of happening, we need to break the 200usd soon. At that point I will become even more bullish.
My target for this trade will be 370usd and I will reassess at that point.
Follow for more updates.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。