This little pattern here reveals what is coming to Compound.
#1 | Descending channel leads to rounded bottom followed by...
#2 | A bullish wave.
Now we have a strong higher low, a bullish RSI and market conditions improving.
#1 | The descending channel is present and lead to a failed consolidation that ended in a rounded bottom. This rounded bottom can be...
Hi dear friends, hope you are well and welcome to the new trade setup of Compound (COMP) token with US Dollar pair.
In previous trade setup, the priceline of COMP moved slightly down than potential reversal zone but recovered soon and then pumped well:
Now on a 4-hr time frame, COMP has formed a bullish Gartley move for another pump soon.
Note: Above idea is...
We've detected a Trendline Breakout and Confirmation on the $COMP/$BTC chart. The price has broken above a key resistance level and has been confirmed by a strong bullish candle, indicating a potential bullish trend. We may consider buying at the current price zone and targetting higher level.
We've had some massive gains with COMP over the last few years, plenty of 30%, 40% and even larger trades, a bit of confusion recently during a slightly more choppy period but profit's profit!
Crypto Tipster v2 is currently showing a Short signal and we could expect to see the price at least reach the nearest level of support at a few percent down, maybe reaching...
On the above 3-day chart price action has corrected over 80% since last May. A number of reasons now exist to be long, including:
1) A buy signal has printed.
2) Price action and RSI resistance have broken out.
3) Price action is now testing the golden ratio following breakout.
4) Stochastic RSI crosses up 20 on 2-week chart (below). Do not ignore! This...
Looks like the 100 MA on the daily chart is curling sharply upward, about to cross the 200 MA. The price is still below the 200MA on the USDT chart but I would expect the price would begin to pump there once this chart took off as well. They seem to basically be moving in tandem.
I'm eyeing both the BTC & USDT pairing of COMP (Compound), which, although a little different, seem to be telling a similar story. COMPBTC in particular has my attention because the price has finally made it's way over the 200 MA on the day chart, which is huge. All the MA's are curling up nicely under the price, and it's making me think we've got just a few more...
The bullish bias has now been confirmed for Compound.
We are looking at COMPBTC but also COMPUSDT has gone bullish.
Notice the candle marked 13-June.
The Doji with -8 TD Sequential count marks the low.
The full green candle that follows confirms the low.
The current candle with a long wick below EMA10 (0.002376) just to recover and close the week above this...
Good Sunday my fellow cryptocurrency trader, we will focus on 3 signals only for Compound vs Bitcoin (COMPBTC) today.
Feel free to support our work in whatever way you see fit!
Let's get started!
COMPBTC 3X Bullish Chart Signals
(1) Full Green Candle (Break above EMA10)
Today's candle is full green on rising volume.
This candle is also breaking a...
Compound is now starting to move vs Bitcoin.
We can see a strong recovery yesterday which pushed prices above EMA50 and EMA10.
We are seeing grow now...
We have potential for higher.
EMA50 is the support/stop.
Compound (COMPBTC) is looking really good, we will focus on the main/classic signals once more.
The classic falling wedge, beautiful.
The TD Sequential went through a perfect -9 and is starting to turn.
We have bullish divergence with the MACD and RSI (this is the weekly timeframe).
We have a bullish cross also on both indicators mentioned above.