Technical analysis by Saver0 about Symbol COMP: Buy recommendation (9/30/2024)

Saver0

Hi Traders,If this is the first time you read about my pump signals, I will provide more details at the bottom so you know what this is based on. Now to the signal itself.The COMP signal is from this morning. There are 2 targets.In addition to the signal, we can apply some technical analysis to see what's going on with this asset:ORI indicator is showing a break out into bullish areaORI black trend signal line has crossed over the green fast MA and is above the slow MA.ORI is moving in a channel with space to the upper sideOnce price breaks the trendline, I expect the pump to continueGreep pips to you 🤑-------------------What are pump signals:The algo detects unusual volume activity and buying pressure across multiple time periods. Here are some details analysis of these signals.Average Gain to Target 1: 17.7%Average Time to Target 1: 8 daysMedian Time to Clear Target 1: 6 days80th Percentile Time to Clear Target 1: 16 daysWin Rate Target 1: 94.9%Win Rate of Either Target: 95.3%Total Signals: 8515First Signal At: September 2022How to trade them:You can apply some TA to time your entry. As you can see from the pump stats, they take a few days to weeks to hit. We get the 95% average hit rate across all signals within 30 days so there can be a large time window. I suggest splitting alt-coin capital into 20 parts and spreading them across multiple signals. The exit should be time-based and clearing of most signals. In the worst case, when traded this way, I see statistically 18% average gain per month. The capital doubles roughly every five months.Final note:It takes time for me to post these so I will be posting them on TV rarely when I have the time and often with a delay.As always, please trade at your own risk. This is all meant to be educational.