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...
💎Yello Paradisers! Get ready for a thrilling venture with COMPUSDT. We've detected a triumphant escape from the descending channel, paving the way for a potential bullish ascent. 💎From our prior assessments, we witnessed the metamorphosis of demand into supply, with COMP revisiting the falling channel support. 💎At this time, the substantial volume in VRVP is...
Critical Levels to Watch: 🚀 Breakout Point: $50.14 🔥 Bullish Targets: $54.58 and $57.22 🐻 Bearish Zone: Below $46.47, with potential drops to $37.35 or $36.27 👁️🗨️ Analysis: COMP/USDT is at a pivotal juncture. Keep your eyes peeled for these key levels: 🟢 Bullish: If it breaks $50.14 and holds a 15-minute candle above this level, we're aiming for the skies! 🔴...
Hello Paradisers, Here's one to watch! 💎COMP faced a setback after reaching the Bullish OB (Order Block) Zone, subsequently testing the $45 supply region. 💎Notably, after touching this supply point, COMP experienced a sharp decline. It's likely that COMP will revisit the Bullish OB zone to fill the existing long wick. 💎Should the Bullish OB zone fail to hold...
💎The current long-term price action of #COMPUSDT presents an enticing opportunity. Taking a step back and examining the broader context, we can observe a compelling narrative. Following the formation of a double bottom pattern, there was a monumental breakout above the downtrend trendline in June. During this bullish surge, the price experienced an impressive 269%...
I think the price is going to visit $31s. Since the market is too shallow, I would like to see a confirmation on LTFs (like 15 minutes) before buying. If a sharp selloff happens, $28 is another level I'm interested in. If the price can pass blue line which is the EQ level of major swing low and high level, the price may also visit red box.
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Giving off some looks here for an Elliott Wave flat pattern in motion. Not the most ideal interpretation, tbh, but if certain parameters play out, confidence will...
Traders, Just realized I wasn't able to post the very fortunate trade entry that was made by me during our most recent flash crash a few days ago. I missed this post due to being briefly banned by TradingView for inadvertently violating House Rules. Long story short, I happened to be sitting at my computer that evening and was perusing the charts per the usual...
Compound (COMP) technical analysis: Trade setup : After 3x-4x gains from June’s lows of $20-30 to highs of $85, traders have been taking profits (selling pressures). However, price is now oversold (RSI < 30) and near $47 support level (also 200-Day Moving Average), which could be a swing entry in Uptrend. Fibonacci levels are $62 (38%) and $47 (62%). Trend :...
We’re at the .618 area of retrace,ent which typically has some support but I believe we could se a further drop to $43 or even $38…. $28 is the last resort….Plan to see some movement in these areas, and hold for the long term gain. Once we break back over $78 we could see it follow the strong bull market. There is a possibility of getting a scalp trade from...
Chart 4H TF Compound BINANCE:COMPUSDT is pulling back to resistance around $56 If price reject that level again, you know what need to do Just wait reaction at that level and decide
Hello traders AS the USDT.D is seizing all the market focus on short positions . COMP one of the best for buy when hit the drawn support. Dangerous trendline is broken .
💎 COMPUSDT is showcasing an optimistic outlook, poised to accelerate its momentum imminently. 💎 Notably, COMP has been tracing the Elliot Wave sequence from 1-5. Post this wave, the price underwent a correction and revisited its support. 💎 At this juncture, COMP has secured liquidity and seems prepped for its subsequent ascent. Yet, caution is advised as a dip...
Hi Guys , Hope you well As indicated in the chart, I have specified two buying positions, but you must receive confirmation for trading these in the lower time-frame and then enter. I remind you that the market is extremely confused. Trading in these intervals can be very difficult, so be very carefull. SecondChanceCrypto ⏰ 10/August /23 ⛔️DYOR Always do your...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the COMP symbol. comp can go up to targets by breaking the TL line. If it reaches the green box once again, it is suitable for oscillation. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to...
Hi Guys , Hope You well According to the previous analysis that I had in the daily time frame, Bitcoin started moving on its own. But due to some good fundamental news, it is possible that the price can even reach the level of 35,000 USDT . I recommend that you follow new analyzes and be very careful if you are in sell positions. SecondChanceCrypto ⏰ 8/August...