formation of ascending channel ...after the last tp it will form saucer patter
💎Technical Analysis Summary💎 FTX: COMPUSD -Compound Token is unable to break the trendline resistance -It is facing rejection and might retest key level of support at 120s area -My advice is to wait for the proper upside breakout before planing your entry -You may look to enter with momentum breakout or wait for a pullback -The upside potential is up to 180s...
comp/usdt dumped hard recently from 270$ to 125$ now its trading around 143-144 double bottom is clear in chart we will buy the break of resistance around 148$ entery now at 144 is higher risk targets : 152.5 159 165 175 after you buy stop should be 4H candle close below 137.98 good luck if you like my ideas hit like button and follow show your opinion in...
DISCLAIMER(1): AS OF 08/02/2020 ALL PUBLICATIONS & SPECULATION ON MARKET CONDITIONS IS STRICTLY FORWARD-THINKING CONJECTURE & OPINION BASED ON MY OWN RESEARCH & EXPERIENCE FOREX TRADING CRYPTO; LET ME BE PERFECTLY CLEAR ABOUT THE PRECARIOUSNESS OF THIS SITUATION: I CANNOT HODL/TRADE/GIVE MY $0.02 ON ANYTHING PERTAINING TO REGULATORY PROPOSALS AND POLICY...
Is it me or is this set up as about text book as it gets? Cup and handle set up beautifully here 8)! I would at least expect this to run back up too the .0226 sat area. Of course btc could crash to low 9’s and invalidate this idea, but still worth the risk IMO with a stop right below the bottom of the cup. Good luck!
I dont know much about COMP, but I can't deny this chart. If it can maintain above this green line @ .018 sats (which it seems to want too), I think it will continue significantly outperforming BTC over the next few months. Good luck folks!
So we tooke 2 signal, the first one 100% swing trade and the second one 45% and still goin! i think Comp is going for at least double the price.
Quick bullish idea for Comp, possible it may go down a bit first and re-test the neckline before moving up (not shown in idea). Beware BTC, it looks like it will move any moment, can ruin any great setup.
Buying range: 0.01578 - 0.1590 Selling rage: I think it will go beyond 10x this coin but to be sure you can sell at safest range 0.0288
$COMP Pushing hard over the last 48hs (~25%) Hard to get an R/S flip or even a retest at high timeframes.. Zooming in, opportunities are easier but reaction times are shorter too! Currently crossing over ~.02 sats resistance, if manage cross/flip it, then ~.022 next #COMP
We looked at Compound (COMPBTC) right before a very strong bullish move... We hit it perfect and now we get another wave. COMPBTC is looking really strong after 4 consecutive green candles. Prices are trading above EMA50 and aiming to challenge the last peak. We have strongly bullish indicators and multiple bullish signals... COMPBTC can continue growing. The...
COMP show interesting signs after retrace Wave 1 to 0.618 FIB. Same for COMPBTC pair. Potential looks crazy even considering first Wave 3 target at 1.618 (based on Elliot waves analysis). DeFi hype could help. We do not have a lot of datas for the moment so we have to follow. Let's see See u
COMP/BTC -Compound is now down by -30% from the recent high -It is approaching a key area of support -This zone is a confluence of Golden Fib, 200ma&50ma plus key trendline -If we can see Bullish rejection at this zone -This will give a strong bias of potential bounce up reaction -I'll be watching this area if this level will be tested
not confirmed until the resistance is broken.
COMP/USD -With the help of Cross Ultimate indicator, we manage to find the good entry position -The perfect entry was the breakout of local resistance at $141 -Also, the Cross Ultimate indicator gave us a strong bias of reversal signal -The price started increasing and hits all our Take Profit targets -I do not recommend to enter at current market price -Please...