#COMP The price is moving in a sideways channel on the 4-hour frame and we have a green support area at the 76 level We have a higher stability moving average of 100 Now we have a nice breakout coming up Our RSI indicator has a well reliable upward trend Entry price is 90.00 The first goal is 99.30 The second goal is 107.27 The third goal is 118.37
COMP ~ 1W 📈 #COMP Make purchases gradually in this Support zone, with a minimum target of 20%+ 📈
it broke the trendline with highvolume and it went to retest so i am seeing a long opportunity please be careful i might be wrong this is not a financial advice you make your own choice
#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...
This trade seems very obvious. Risk/reward is amazing
📂 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...
#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
Well, as you can see the market structure shifted after collecting the liquidity and had a massive bullish move, then the price had a deep retracement to the bullish order block and rose again. Now, in my perspective, the price can move higher if the first demand zone (57.40-61.58) holds the price and in addition, the price can close the daily candle above...
Compound (COMP), as one of the pioneering platforms in the decentralized finance (DeFi) sector, has demonstrated remarkable resilience and potential for growth despite the challenges faced in the crypto market, particularly during the tumultuous year of 2022. Its ability to remain a significant player in the crypto space, even when faced with adverse conditions...
COMP / USDT After 22 months of accumulation in this boring range and 2 main events of liquidation for buyers and sellers … it seems ready more than any time before for breakout If breakout done successfully expected a huge bullish move
This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section We are in the supply range of the previous analysis, but the structure is now more clear. The comp is completing the e wave of a larger degree diametric. It is expected that the specified targets on the chart will rise
OBV is flat at the moment and hitting resistance. If it can brak this, we can see movement towards 57-59. 59.5 is the next good resistance co-inciding with .618 Fib Looks like a consolidating zone between 53-56
An ABC is seen which appears to have been a bearish triangle wave B. Now it seems that you are in the final wave of this triangle, i.e. wave e of B The red box is expected to drop towards the specified targets. I put the targets on the chart. Closing a 4-hour candle above this level will violate the analysis. For risk management, please don't forget stop loss...
It seems that from where I entered "Start" we are inside an ABC, which is a diametric B wave and it is over. And now we are in wave C. If the price reaches the supply range, we will look for sell/short positions in this range For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change...
By examining the COMP chart, we can see that this symbol has completed a major double correction. What appears to be the second part of this double correction is a large triangle that is coming to an end By maintaining the green area, it can continue to climb. I have specified 2 targets for this symbol.
Got stopped out of my last position in COMP due to a trailing stop. Not mad tho. Ended up with 21% profit in the pockets. I hate to be out of this trade esp. since the MM's have been moving everything up during off hours. This bull flag here looks primed and prepped. Additionally, we have a hammer candle on the daily. Entry was 43.73. I'll target 58. SL will be 39...
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...
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...