Look at my last idea, I think it has completed wave B and is on its way to wave C.
If this idea is realized, the pattern of the head and shoulders can also be confirmed according to the figure.
My previous idea stoped . Sometimes we have a multiple wave for wave 3. Therefore, the 3rd wave can be completed and we are now completing the 5th wave. Divergence is also evident between waves 3 and 5. The distance between the peaks and the previous bottoms gradually decreases.
Therefore, I still expect that we have a wave-like correction before climbing to the...
COMPUSDT Just enter into the bullish phase.
Bullish divergence also form.
Double bottom reversal pattern also form.
This two reversal indicators strongly indicates that the trend is going to reversal from here.
we wait and watch for the breakout of last HH.
The instrument was heavily overbought and has been in a downtrend for a couple of days now, there is a strong support level at 58.50, which we have already hit once, according to the fixed volume profile, we can see that we have already gone beyond the lower part of the trade and soon the support level will be broken. I expect a small trade near the 58.50 level...
The COMP token has been experiencing a continuous downtrend, and there are indications of a potential (ChoCh) pattern, which could signify a trend reversal. It may be worth considering a long position at this point, with a target set before the entry point for a short position. However, please be aware that trading decisions should be made carefully, considering...
💎The low timeframe analysis of #COMPUSDT reveals that a consolidation phase has commenced after the price broke below the descending channel. Notably, there have been two significant bounces during this phase—one from the 78.6% Fibonacci resistance level at $80, and the other from the 88.6% Fibonacci level near the psychological support at $60. While the overall...
Hello Trader,
Short comp right now as we can see that COMP had made a double top and it is below the 200ma so we can expect a bearish trend from here short it.
Hello friends.
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Everything on the chart.
Entry: market and lower
Targets: 84 - 90 - 95
after first target reached move ur stop to breakeven
Stop: ~59 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
risk is justified
Good luck...
The Compound project was fundamentally quite strong when it was sold / presented to crypto market participants)
However, over the 2 years of being in a downward trend, the price of t he COMP token has fallen 39 times from a high of $910 to a low of $23.
And now, in the last two weeks, a miracle has happened, the price of CompUSDT has come to life and is...
Compound (COMP) technical analysis:
Trade setup : Price broke above 200-day MA with huge volumes and confirmed a bullish trend reversal. It’s also broken above $70 to signal uptrend resumption and hit a high of $87 where some trader began taking profits. Priced pulled back to the nearest support of $60, which also lines up with Fibonacci levels of $62 (38%) and...
COMP is trading above the previous bearish trend line and reclaimed it successfully and there is a bullish continuation pattern of higher highs and higher lows and there is bullish hammer formed on the chart. all signs are bullish for now
This is not a financial advise do your own research before getting into the market
Disclaimer
High Risk Investment
Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial...
Compound (COMP) technical analysis:
Trade setup : Price broke above 200-day MA with huge volumes and confirmed a bullish trend reversal. It’s also broken above $70 to signal uptrend resumption and hit a high of $87. Now we’re likely to see some profit taking selling pressures, which could offer an attractive swing entry in uptrend. Where will this pullback find...
BINANCE:COMPUSDT.P Re Enter this position. Use Dca Strategy or Martingale Strategy . Use low margin And Our Take profit Taargets: 75 / 67/60 and Our Stop loss or Dca price : 86$
If Stop loss will filled i will update our Position soon
