This could be a bull flag and we could see a retrace up to around $64 before a retrace. Keep an eye out and well see how this thing plays out. Long term hold overall on COMP/USD. This coin has a lot of potential to go a lot higher than $100 from its low point which we were at this past week with the rest of the market. good scalp profit at $64 but over the long...
💎Yello Paradisers! Get ready for a thrilling venture with COMPUSDT. We've detected a triumphant escape from the descending channel, paving the way for a potential bullish ascent. 💎From our prior assessments, we witnessed the metamorphosis of demand into supply, with COMP revisiting the falling channel support. 💎At this time, the substantial volume in VRVP is...
Hello Paradisers, Here's one to watch! 💎COMP faced a setback after reaching the Bullish OB (Order Block) Zone, subsequently testing the $45 supply region. 💎Notably, after touching this supply point, COMP experienced a sharp decline. It's likely that COMP will revisit the Bullish OB zone to fill the existing long wick. 💎Should the Bullish OB zone fail to hold...
💎The current long-term price action of #COMPUSDT presents an enticing opportunity. Taking a step back and examining the broader context, we can observe a compelling narrative. Following the formation of a double bottom pattern, there was a monumental breakout above the downtrend trendline in June. During this bullish surge, the price experienced an impressive 269%...
COMPUSD is consolidating under the MA50 (1w) since mid August with the RSI neutral/ borderline bearish. There is a Rising Support on the RSI (1w), which is filled before every rally. The Support Zone has priced all 3 of those RSI bottoms. Trading Plan: 1. Buy the next pull back on the Support Zone. Targets: 1. 130.000 (Rising Resistance as well as slightly under...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Giving off some looks here for an Elliott Wave flat pattern in motion. Not the most ideal interpretation, tbh, but if certain parameters play out, confidence will...
Traders, Just realized I wasn't able to post the very fortunate trade entry that was made by me during our most recent flash crash a few days ago. I missed this post due to being briefly banned by TradingView for inadvertently violating House Rules. Long story short, I happened to be sitting at my computer that evening and was perusing the charts per the usual...
Compound (COMP) technical analysis: Trade setup : After 3x-4x gains from June’s lows of $20-30 to highs of $85, traders have been taking profits (selling pressures). However, price is now oversold (RSI < 30) and near $47 support level (also 200-Day Moving Average), which could be a swing entry in Uptrend. Fibonacci levels are $62 (38%) and $47 (62%). Trend :...
We’re at the .618 area of retrace,ent which typically has some support but I believe we could se a further drop to $43 or even $38…. $28 is the last resort….Plan to see some movement in these areas, and hold for the long term gain. Once we break back over $78 we could see it follow the strong bull market. There is a possibility of getting a scalp trade from...
💎 COMPUSDT is showcasing an optimistic outlook, poised to accelerate its momentum imminently. 💎 Notably, COMP has been tracing the Elliot Wave sequence from 1-5. Post this wave, the price underwent a correction and revisited its support. 💎 At this juncture, COMP has secured liquidity and seems prepped for its subsequent ascent. Yet, caution is advised as a dip...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the COMP symbol. comp can go up to targets by breaking the TL line. If it reaches the green box once again, it is suitable for oscillation. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to...
💎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...
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...
Based on the current chart, NYSE:COMP is showing some strength. When the CSTP indicator shows a blue candlestick body with red wick/tail. it is an indication of a potential bearish move, unless the next candle after it close as bullish (green or blue candlestick with green wick) I will expect it retrace to the yellow moving average line before a possible...
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...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the COMP symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Compusdt I am expecting price to bounce again from here I believe this symmetrical pattern breakout & successful retest is going to push comp price for short term Let's see Dyor