I would like to see this one play out.. the RSI is low/flat, the risk/reward ratio is good to take a try on a long position on COMP. NFA, always use SL close to entry!
Just an idea to consider. you think market can fill the same time range with the same price range? Growing cycles are to watch in further years IMO
28D - 45angle square w gannbox - scale 36.5 28 for each moon day 45 angle with considering chart bottom as zero 365 scale for earth year.
11D time cycle with 45 degree fixed gann. scale ratio is 19.135 let the new cycle begin!
rising wedge with bearish divergence on both RSI and MACD let see where this takes us
This is a bit of a late an dangerous entry but Comp has been so strong lately and is at a lvl where one could strategize an entry with a stop loss though not the best by any means i do still think there's a decent chance of it playing out so i think it's worth pointing out.
Lots of momentum in DEFI. going big on this one. BBWP is to the floor
I am starting to form a new position on altcoins / COMPUSDT The fundamental coin is one of the leaders in the DEFI industry. Bought in the OTE buy zone (Optimal buy zone) This is a price correction to the 0.38-0.5 Fibonacci levels from the initial recovery impulse on June 26 - July 6. I bought only 20% of the entry, so that it could be averaged if the price falls...
Compound is looking very bullish on the COMP/USD and COMP/BTC pair. There are 2 trendlines to break out of for COMP on the BTC pair which it is testing the first, and as we can see we have a smaller S/R flip with a higher low just under a current resistance. If we break this resistance, there is not much in the way for a ~25% move to the mid-upper 600s as shown ...
Comp looks to be losing momentum and price could roll over soon. Short on break of support.
HTF trend is bearish . Left clean lows on the way up, swept the high into the 61.8 and broke MS . Came back up to form a lower high that was swept and broke down further. Entered on market after the second break of MS . First target is the low of this corrective leg, second and third targets are the extension levels.
This is just a simple painting , no more no less ... Do the right job with your knowledge !!!
descending wedge, crypto is bullish and this looks good for a pump.
Comp is really nice. I think i missed myentry for it but dont force my chances. Any further bth correction is a simple signal for entry tho I believe these targes will be reached by not the end of january or so on. stop is on point Let's see together!
Dunno why you want a description, I think comp number go up soon. Posted on twitter earlier but I think I'mma start publishing some more ideas (maybe, I've said this before w no follow-through)