Compound is looking ready for recovery after that local break-out. Current Price= 494.81 Buy Entry = 497.60 - 473.70 Take Profit= 567.50 | 617.90 | 688.90 Stop Loss= 430.91 Risk/Reward= 1:1.5 | 1:2.42 | 1:3.71 Expected Profit= +33.70% | +54.46% | +83.70% Possible Loss= -22.54% Fib. Retracement= 1 | 1.272 | 1.618 Margin Leverage= 2x Estimated Gain-time= 3 days
Compound is going through a period of consolidation, however, the market structure still suggests that bullishness is well supported. Having said that, i do expect this market to go down a bit further until at least we come in contact with the rising trendline support!
Compounds has broken its current downtrend. If it continues its uptrend it may reach even a new ath soon. Do not forget to take profits and use stop loss.
Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (COMPUSD 1W chart) (1D chart) We need to see if we can get support and climb in the 642.666756-679.671780 section. If it falls, you need to make sure you get support at...
COMP / USDT price try to breakout strong resistance line and show some accumulation below it Dont forget this is resistance zone So drop from here is easier than Breakout So ..Only and only after breakout confirmation or after retest ....we can have potenial leg up Best of wishes
I got a feeling that too many of you guys are stuck in this coin day trading. I did a great jump up, FOMO happened and here comes the dump. If you still got it and your liquidation point isn't anywhere close, hold it. It's got 2 strong supports + a strong lower Bollinger band which can activate support even more and stronger than before. It's an alt coin so you...
Everything is aligned for COMP to climb higher. When the probable cross happens between MA20, MA30, & MA 50, COMP could be ready to fly!
To stay up-to-date with the latest market developments, be sure to subscribe to Kraken Intelligence at kraken.com With DeFi largely underperforming its peers over the past few months, it comes as no surprise that we're starting to see bullish momentum rotate back into the space over the past few days. This is evident when looking at DeFi's total value locked ...
Compound potential targets... not financial advice. Cheers!
Compound looks to be another alt that is experiencing a neckline breakout from an inverse head and shoulders pattern. It looks like a slight retracement is now occurring which has the potential to break down below the neckline still, however, assuming the trend continues, it has a bit of potential upward as indicated by the head to neckline length extended after...
I should've got some COMP back in the move over 175. Or the momentum move through the 200's. Or during the previous consolidation in the mid 300's. However I didn't so I'm chasing momentum here. Not a great entry but I think there's more to run. I'm super bullish on Ethereum right now but I'm already in that position so putting a little in COMP as a related...
A retest of a broken descending trendline is taking place right now. I'm bullish on this one: - 50% retrace from the last impulse (A>B). - Broken from a bull pennant. TP1 mid-term, TP2 long-term. Load & forget bags.
If COMP has the volume and keeps going up, it may reach its previous resistance levels.
In a descending triangle, sellers have pushed COMP into a corner. Each of the three drives has been a weaker push than the last one. With weak volume and stochastics saying it's oversold, look for COMPOUND to trend down, taking several little nibbles at support.
Compound has just completed a 3 wave correction and it could potentially start rallying from here. If the market does indeed start rallying from here then we can expect the first target to be at the 141.0% Fibonacci extension of the previous impulse leg.
Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. -------------------------------------------------- ----- We have to see if we can get support and climb in the 309.65-323.78 segment. If it falls between 309.65-323.78, Stop Loss is required to preserve profit and...