Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
A level S buy signal has recently been captured on the 4-hour chart of COMP, with a technical score of 82 points. Here are the details.
The entry idea is very clear. The current price is around 27.27566, with Fibonacci key level strength reaching 55%. The buy and sell order book depth shows clear buying pressure at a ratio of (2.40:1), and the market long-short ratio is also slightly bullish at 1.23:1. Although we are currently in a consolidation environment, this signal's strength is evident.
Risk management must be strict. Set the stop loss at 26.49780, controlling the risk within 2.85%. It is recommended that the position size does not exceed 0.7%. This stop loss level is reasonable, just below the support at 27.00000.
Take profit targets are set in three levels. The first target is 28.44245(with a risk-reward ratio of 1.5:1), the second target is 29.22030(with a 2.5:1) ratio, and the third target is 30.38709(with a 4:1) ratio. According to the moving regression track, the price activity range is from the lower band at 26.04692 to the upper band at 28.12978, with resistance above at 27.50000.
In terms of volume performance, the current state is quite normal, with a main volume ratio of 0.9, and the price shows a stable trend. The ADX strength is 26.3, indicating a moderate trend strength. Market sentiment is neutral but with an upward trend.
This signal's validity period is 480 minutes, with an approximate success probability of 44%. Remember, cryptocurrency markets are inherently volatile, so always set a stop loss and strictly control your position size. This signal is for reference only; operate cautiously according to your own risk tolerance.