The price is testing the 0.5 Fibonacci level below the 4h resistance after a clear breakout from the daily resistance at 64$ area.
The market got the liquidity with a spike from the 68$
How to approach it?
IF the price is going to lose the daily support and retest the previous support as new resistance we could see a retest of the dynamic support of the...
Hello guys ,Today i saw an interesting wedge pattern on Compound and i thought it will be a good setup.
open your position after breakout.(wait,don't open your position fast !)
first target is between 43.00 and 47.00.(it's safe to close your position)
but if it's going to break the first Support Area , you can close your order between 26.00 and 29.00.
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$COMP is moving into a bullish pennant and so, As you know bullish pennant target is calculated by the flag's pole.
Currently, We didn't experience the breakout yet and it has caused...
✅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.
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...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for COMPUSDT
In this chat, we have R1 as our long-term resistance line which expresses the disability of the price in order to rise. And S1, S2, and S3 are the support areas that contain the support of the price at several points. At the moment, we have the...
Current Price: 154.5
Day Chart Pattern: Rising Channel
Weekly Trend: Falling Channel
Possible trend: Short Term Bearish
Pull back to establish Reversal Divergence
Possible retracement: Previous Daily High
Possible trend: Long Term Bullish
Divergence: Daily Bullish Continuation
Candlestick Pattern: Three White Soliders
COMP has reached the 100% extension of the C wave as shown on the chart. I use Trend Based Fib. Extension tool to predict potential reversal areas.
As you can see we had a complex major ABC correction that lasted almost 10 months.
I am expecting a major wave 3 that could bring us to well above 1000usd. For this theory to have higher probability of happening, we...
The price rose again to the upper border of the channel. An ascending bearish wedge is forming, and the price is close to the overbought zone. a correction is possible if the price rises to the upper border of the wedge
COMPUSDT has been trading near the important zone. The price has multiple time rejection from same zone. Now the price is consolidating near the zone. After a break above resistance zone, bulls will get control. So a buy position can be taken after break above of range.
Trade your levels accordingly.