Trading Signal:
A Trading Signal is seen in the COMPUSDT Compound (Update)
Traders can open their Buy Trades NOW
We have already opened position in this chart.
And because of the requests, we are publishing the chart update again.
Rank : ⭐️⭐️
⬆️Buy now or Buy on 307.9
⭕️SL: Close below 291.3
🔵TP1 @ 351.5
🔵TP2 @ 415.3
🔵TP3 @ 549.7
previous signals ...
COMP / USDT
Comp is showing bullish falling wedge in confluence with trendline support (red line)
it has high potential to grow :
1- either from here (falling wedge)
2- after retest of weekly support
Keep your eye on it 👀
Best of wishes 🙏
Trading Signal:
A Trading Signal is seen in the COMPUSDT COMP Compound
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy on downtrend breakout or Buy on 292.9
⭕️SL: Close below 266.3
🔵TP1 @ 356.8
🔵TP2 @ 415.3
🔵TP3 @ 530.5
If you liked our ideas, please support us with your likes 👍 and comments .
Even though BTC and others are bullish...COMP suffured an exploit and will most likley do some slow bleed out before it starts regaining stronger ground.
Long at 260 - 215....
If 215 get broken we could see some serious issue with comp at the final alt season run. This could also impact other DEFI token that have direct connections with compound as well.
Estimation of Compound /USD price action over the next month or two. 200 Moving average beginning to curl upward. Barring any bad news events in traditional markets prices should continue to rise over the next month in most cryptos.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 280$ zone
🔴Buy : 300 - 280
🔴Sell : 380 - 460
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 280$ zone
🔵Sell : 280
🔵Buy : 240
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red...
- Compound - COMP Rank #57 on coinmarketcap.
- On the chart we can spot a huge bullish rectangle, which will break up very soon!
- Also we can see a descending channel, which is also ready to break up!
- Profit target is below ALL TIME HIGH
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR )...
What you need to know is that the was some bad news that came out recently:
"$22M Drained From Compound Contract That Was Hit for $80M Last Week. About $66 million – and counting – was recently added to the still vulnerable contract, thus making more funds available for exploit. "
Source: coindesk
That event obviously had a negative impact on the price, but...
Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(COMPUSDT 1W Chart) - Mid-Long-Term Perspective
Above the 144.58-287.10 section: The uptrend is expected to continue.
The centerline of OBV in the volume...
The selling force on COMP is dominated so in next days, it could fall down sharply to 260$ from this 340$ zone. The 260$ zone is quite reliable to start a new rally up to 340$, 420$ and 520$ zone or even higher in October.
📈RED PLAN
♻️Condition : If 1-Day NOT closes ABOVE 2.2$ zone
🔴Sell : 340$
🔴Buy : 260$
🔴Sell : 340$ - 420$ - 520$
📉BLUE PLAN
♻️Condition : If...
I recently made a post on COMPS affection for the inverse H&S
This current one, a bitcoin pair is showing the same signs however with a slight difference on the positioning of the head
Hopefully a bounce back into the channel and further upsides to come
I am long COMP
it seems like a triangle breakout to me and I think Comp will meet it's targets in less than two weeks ;)
I'm hoping for ichimoko to confirm my idea in hours
I will post an update
COMPOUND trend in falling wedge where make a bottom at 279$ and then test it three times ..so my conclusion is "that is a solid bottom :)" then broke falling wedge pattern make support on golden pocket 315$ ..now need to flip resistance to support at 338$. where make a potencial W pattern/bullish ..potencial long price is on the chart..cheers
Luna following my previous analysis perfectly. After securing +120% partial profits on our leverage position we continue to hold the remainder of our trade risk free, now we can see the market has made yet another correction giving us the possibility to compound our position. Waiting for a confirmed 4hr higher high to look for a second entry.
