what do you think? its gona be a good profit after pullback
#COMP Descending Channel Formation in Higher timeframe Chart..!! Major Trendline Resistance getting Weaker & Buying Volume Coming in, Expecting Breakout. In Case of Upside Breakout, Expecting 2-3x Bullish Rally in the Midterm.. Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments...
COMP is consolidating heavily on lower time charts. I am opening a scalp long. I may add onto this position as time goes on. Momentum indicators, MACD and TSI are signaling a consolidation of price action on the 30m. We're within our Keltner Channel so we have support beneath us. Lower time charts are signaling a small move up before our macro move down.
Long and short positions on COMP from previously respected levels, I'll be going in heavy 3% @ 20x hopefully execute within a week or two and hold them for a day or two for a quick turnaround.
Everything is on the chart. Dont trade the asset until a breakdown
First setup, gonna look for a good entry in Buy Block, not really planning in taking profits untill we reach Sell Block area.
Trade setup: Trading in a Sideways Channel ($50-$70). Swing trader: can trade the channel (Enter near $50 support and Exit near $70 resistance).. (set a price alert). On August 30, Compound released version 3, which is a major upgrade to its lending DeFi protocol. Trend: Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bearish (...
Hello, dear traders. how are you ? Today we have a setup to SELL/SHORT the COMP symbol. For risk management, please don't forget stop loss and capital management
Hello friends, I hope you are doing well We have experienced a fake breakout at the bottom of the channel and the price is expected to move towards the top of the triangle. Entry point: 50 SL: 47 TP: 52.5
Increase expecting on a small time frame. we will follow the trend. Whale volume possible on this coin.
The price is creating a descending channel inside a main ascending channel on the daily timeframe. Now the price is testing an important support at 53$ How to approach it? IF the price is going to have a breakout and retest the current resistance as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure...
COMP /USDT Sell.... This is not signal... Dont risk more than 3% of your account on any trade...
SHORT TYPE •ENTRY: On chart or grey number/line •SL: (on chart) •TP: Take profit 50% when reach 100% and set ur SL on BEP, or take profit with ur trading style
COMPUSDT after defining a top around 70. The price action is trading in a bearish parallel channel . The immediate support lies in 38% fib, where we also saw good bounce. Trade your levels accordingly.
Idk anything about this token, but technical analysis points for a long position with a upward potential of almost 22%. With USA's inflation data coming in today, extra caution is advised.
Intention is to snipe the 6hr resistance in the middle of a FVG, and target the length of the source candle in the demand zone below, where I expect a reaction/reversal to the upside.
The trade setup is very ambitious indeed. However, we believe that COMP is currently one of the most attractive coins.