💎 Paradisers, set your sights on #COMPUSDT as it navigates an ascending channel, gearing up for a promising move from its demand zone. 💎 #COMPOUND has faced resistance at $75.92, leading to a retreat. Currently, it's challenging the resistance within the ascending channel, displaying strong momentum with significant green candles. This indicates a potential break...
#COMP ~ 1W 📈 Make purchases gradually after breaking through this resistance line, target at least 20% from here.
Based on the market data for the COMP/USDT pair, the current price of COMP is $67.16. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 61.90, 73.37, and 66.25 respectively. These RSI values indicate that the coin is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 2.49, 2.84,...
This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section We are in the supply range of the previous analysis, but the structure is now more clear. The comp is completing the e wave of a larger degree diametric. It is expected that the specified targets on the chart will rise
Trade setup : Price is in an Uptrend. Following a bullish breakout from a Symmetrical Triangle, price has also broken above $60 to signal continuation of uptrend, with +15% upside potential to $68-70. Price is now retesting that breakout. Stop Loss (SL) at $55. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD...
An ABC is seen which appears to have been a bearish triangle wave B. Now it seems that you are in the final wave of this triangle, i.e. wave e of B The red box is expected to drop towards the specified targets. I put the targets on the chart. Closing a 4-hour candle above this level will violate the analysis. For risk management, please don't forget stop loss...
💎 Paradisers, turn your attention to #COMPUSDT, as it's currently showing promising signs of an upcoming move from a key demand level. 💎 #Compound is tracing an upward path, indicating a potential bullish breakout from its current demand level. It's anticipated to retest the demand level at $47.5 before continuing its upward trajectory. If #COMP can maintain its...
It seems that from where I entered "Start" we are inside an ABC, which is a diametric B wave and it is over. And now we are in wave C. If the price reaches the supply range, we will look for sell/short positions in this range For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change...
It has a small resistance in the red box, which can see the above targets if it is crossed. If corrected, it should be seen how it will react to the green lines.
Trade setup : Bullish break out from Symmetrical Triangle pattern, above 200-day moving average, signaled resumption in Uptrend. Bullish break above $60 signals continuation of uptrend, with upside potential to $80 near-term. Stop Loss (SL) at $54. Watch our recent Trading Video explaining a recent trade setup, including Take Profit and Stop Loss levels, and...
| COMPUSDT | LONG @ 58 - 60 | TP @ 60.5, 61, 61.5, 62, 62.5 | SL @ 54 | PATTERN = DESCENDING TRIANGLE BREAKOUT | BINANCE | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and...
On a daily timeframe, COMPUSDT has exhibited a discernible higher high and higher low pattern, signaling a notable trend structure. Following the completion of wave 3, quite an evident ABC corrective move unfolded, halting precisely at the double Fibonacci support level near $47. This critical support area has proven effective in arresting the downward...
By examining the COMP chart, we can see that this symbol has completed a major double correction. What appears to be the second part of this double correction is a large triangle that is coming to an end By maintaining the green area, it can continue to climb. I have specified 2 targets for this symbol.
◳◱ On the $COMP/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 59.61 | 63.45 | 72.81 and support near 50.25 | 44.73 | 35.37. Entering trades at 53.01 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Compound ▣...
💎 COMP has been a major point of interest in the market, especially as it approaches a strong supply area. Historically, COMP has struggled to break through this formidable resistance. A successful breach of the supply area could lead to a significant upward trend, potentially taking COMP towards our target in the Bearish OB area. 💎 However, if COMP finds itself...
💎 Paradisers, focus on #COMPUSDT as it presents a noteworthy trading opportunity. Currently, the asset is navigating a descending channel, showing strong indications of an impending upward movement from a crucial support level. 💎 Over the past month, #COMPOUND has adeptly followed its channel trajectory. Now, having touched the internal key support level at...
Buy area: YELLOW rectangle Buying range: ORANGE/BLUE label Take-Profits: on chart Stop-Losses: according to your risk tolerance to any line below entry price REMEMBER: set Stop-Loss at Break-Even when u are in profit FOR a ZERO risk trade
In August, COMPBTC exhibited a precise bounce off the 78.6% Fibonacci support level, marking a significant turning point. Subsequently, the price has primarily traded within a range, all while staying below the downtrend trendline. However, a noteworthy development is the emerging pattern of higher highs and higher lows, hinting at potential preparations for an...