COMP looks ready for a new bullish wave. bullish divergence on 6H/12H TF playing out and recover the daily support (orange line) is the key to keep momentum higher.
Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area.
Retest yellow box to enter and wait for the setup to complete next weeks.
Increase in...
COMP has successfully broke the resistance uptrend trendline, after which an ABC correction followed. Based on these facts, we can assume, with high probability that the trend remains bullish, in fact, aggressively bullish.
Therefore we expect a 100% price increase, where COMPUSDT should hit $160 mark, where double Fibonacci resistance is located.
💎 COMP has recently experienced notable market dynamics, particularly with a bounce from a support area.
💎 A strong green candle suggests potential upward movement, with a key resistance level at $80.7 needing to be breached for further bullish momentum toward our target strong resistance area.
💎 However, failure to break this resistance could lead to a retest...
long term hold comp usdt
Comp broke out of the accumulation zone above 75 and tested the level again. Comp is lagging in the current market cycle so it is expected for comp to perform well in next alt season sl should be below accumulation, that is 22.18 and tp's are mentioned nothing complicated simple buy and hold
As you can see on the weekly charts, both XLM and COMP have formed inclining breakout patterns. If the current bitcoin support holds, this could be an opportunity for smaller coins to make massive runs, and these two coins are some of my favorites. They are far off from all-time highs, but the bearish trend has stopped for both and they seem to be emerging into a...
Trade setup : Price is in an Uptrend. Following a bullish breakout from a Symmetrical Triangle, price reached $100 resistance for a +70% gain, but got very overbought (RSI > 80!) and pulled back on some profit taking. Pullback near $68-$70 support area could be an attractive swing trade entry in Uptrend, with +40% upside potential back to $100. That $6 support...
#COMP
The price has been moving in a descending triangle since April 2022
Take a price and respect the support at 35 $
The price is now at the upper border of the channel
The price is expected to break the downtrend
At the first price of 56 $
First goal 109 $
Second goal 167 $
With an oversold presence on the MACD
The price will be paid after breaking the...
BINANCE:COMPUSDT shows a bullish setup with the potential for continuation. COMP is making strides above its EMAs and breaking out from an ascending triangle pattern—a classic bullish signal. The RSI backs this momentum, comfortably below overbought levels, providing the confidence needed for a long position. With crucial support zones established, COMP's chart...
🔍COMP is currently in a consolidation phase on the 4-hour timeframe, forming a sideways trading range. Considering the upward trend behind it, if the long trigger is activated, it would be favorable to open long positions with increased confidence.
📉For short positions, our risk trigger is at 85.37. Given the bullish nature of the market, I do not recommend...
📂 NYSE:COMP #Compound (COMP/USDT) (March 12, 2024) (#COMP, #Spot)
Compound (COMP) — stands out in the decentralized finance (DeFi) landscape as a pioneering protocol built on the Ethereum blockchain, enabling users to lend and borrow a variety of cryptocurrencies.
▫️ What sets Compound apart is its innovative approach to interest rates, which are...
Im here for another excelent setup. Im expecting at least 50% profit on this trade. pls follow chart for 2 entry price and Tp.
drop a comment if you are trading with me.
#COMP
The price is moving in a triangle for 1 day
About to break higher
We have a bearish divergence. Please be careful not to close below the uptrend. In this case, the pattern will be canceled
We wait for the breakout to reach the next targets
Entry price is 53.54
The first goal is 54.65
The second goal is 56.58
The third goal is 59.70
