TOTAL DEFI MARKETCAP LONG-TERM parallel channels within parallel channels :D 2024 is a candidate to be the year of defi again. Best DE-FI projects: AAVE/USD MAKER/USD COMP/USD UNISWAP/USD
Important resistance zones are along the green lines I have plotted a nice bowl structure that encompasses the bear move and the following bull move that is to come. A clear double bottom along the bottom green line.
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.
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: Market and lower Targets: 60 - 63 - 66 after first target reached move ur stop to breakeven Stop: ~45 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 3 risk is justified Good luck...
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about STG STG Breaking Out Of The Descending Channel Incase Of Successful Breakout Expecting 60% Bullish Wave In Coming Days
BINANCE:COMPUSDT price is boren a major resistance. if we can hold this level soon it will go 70+ area . Also btcdom is going lower. Bullish for all alts in general.
Maybe we have such a scenario First, there is a red box in front of us If it does not reject, the lower green lines are suitable for buying
Falling Wedge Breakout is Already Done,In 1D Timeframe ✅ Running 50% profit so far Expecting Massive Bullish Wave
◳◱ 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...
The first resistance zone that is ahead is the red box, if it is crossed, the above lines are available, if it is corrected to the green line, it must be checked again for entry.
BINANCE:COMPUSDT ✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Around 460 days we are in downtrend! Last time for Comp was enough 145 days for accumulation stage before pump, lets see how it plays this time. Sellers and buyers local block I marked...
Compound (COMP) technical analysis: Trade setup : We wait for price to break back above $47 resistance and 200-day moving average (~$45), which could signal resumption in Uptrend with near-term upside potential to $60 resistance. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal...
COMP is currently facing 4hrs TF resistance and if it breakout from 44.42 we can see a good run up to 52.99 Keep your eyes on the breakout from the neckline of the double bottom Follow for more market update
Compound grew by +180% from bottom to channel top. It's very volatile altcoisn which can impress traders and investors, but now it's indise the channel mid. The first confirmation of the upcoming growth will be the close of the Weekly candle above the mid of the channel. Usually, it becomes good support. 💥The targets in case of fall or close above the channel...
As I see the COMP I think it needs a bit pullback and keep going its sharp trend.
Got stopped out of my last position in COMP due to a trailing stop. Not mad tho. Ended up with 21% profit in the pockets. I hate to be out of this trade esp. since the MM's have been moving everything up during off hours. This bull flag here looks primed and prepped. Additionally, we have a hammer candle on the daily. Entry was 43.73. I'll target 58. SL will be 39...