◳◱ On the $COMP/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 59.61 | 63.45 | 72.81 and support near 50.25 | 44.73 | 35.37. Entering trades at 53.01 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Compound
▣...
💎 COMP has been a major point of interest in the market, especially as it approaches a strong supply area. Historically, COMP has struggled to break through this formidable resistance. A successful breach of the supply area could lead to a significant upward trend, potentially taking COMP towards our target in the Bearish OB area.
💎 However, if COMP finds itself...
💎 Paradisers, focus on #COMPUSDT as it presents a noteworthy trading opportunity. Currently, the asset is navigating a descending channel, showing strong indications of an impending upward movement from a crucial support level.
💎 Over the past month, #COMPOUND has adeptly followed its channel trajectory. Now, having touched the internal key support level at...
Another major Cryptocurrency project, trading pair (COMPUSDT) is now moving forward.
Today Compound trades at its highest level moving north since the June 2023 rise.
This is happening after a clear and strong higher low as prices move above EMA300.
With the action we are seeing today, a bullish continuation is basically confirmed.
➖ The day needs to close above...
The first resistance zone that is ahead is the red box, if it is crossed, the above lines are available, if it is corrected to the green line, it must be checked again for entry.
Retained the $ 45 support well and could have climbed some
RSI divergence is observed
A blockblock is observed at $ 60
And there are some sales position at $ 74 in Baynens
I expect to be able to pull himself to the $ 70 resistance after arriving at Ardar Block
It seems to be a low -risk deal, especially as the trend is completely up
When with a powerful candle...
break of resistance and retreat and continuation of the trend.. Bull divergence, with extremely strong volume.. From RTM's point of view, it has a QM pattern that will have high goals.
COMPUSDT at the daily chart.
Strong Support at 40.82$ and it's not just a normal support, it is a golden Fibo 0.618 level and uptrend that started from last June 2023.
First Resistance at 44.97$ but it's better to make your first target at 44.60$ because there is a 200MA line at 44.70$
The rest of the resistance : 44.97$ - 52.6$ - 67.7$ - 87.5$ - 112.5$
If the...
#Compound has established a bullish market structure, signaling its readiness for a potential upward rally when observed on the daily timeframe. Waiting for a breakout.
Comp looks ready bust out to all-time highs it is incredibly volatile so make sure you set your stop loss accordingly ...
However if it can manage to break past resistance marked on chartIt's likely going to make all time highs as long as Bitcoin doesn't decide to commit suicide
Another waiting period, another consolidation phase is reaching its end...
We have an open trade for this pair/Altcoin/project and this will be shared in the 'Related Ideas' at the bottom of this post.
Compound (COMPUSDT) is great because it produced a major bullish wave recently and many people participated in it.
When things like this happens we are always...
BINANCE:COMPUSDT
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Thank you.
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...
![COMPUSDT.P: [COMPUSDT] Long -> Short Idea](https://s3.tradingview.com/x/x7r77rY7_mid.png "[COMPUSDT] Long -> Short Idea")
