After a long way down, it looks like COMP wants to breakout from his falling wedge . We have good support around 0.0115 Bullish divergence on the 4H chart. If it continues like it´s a good + 100% potential.
COMPBTC (Compound / Bitcoin) 4H Long Possible falling wedge breakout ahead...
After nearly 100% correction from the high, most indicators are now pointing to a reversal for COMP on BTC pair righ now as its about to break both horizotal and diagonal resistances. Also, bullish divergence is clearly shown on 4h. Note: If you like the content and the setup, please give me a follow not to miss out on many altcoins charts to come.
#COMP/BTC (Update) Forming Falling Wedge Pattern in 8h Chart, Major Indicators turning Bullish & Volume has also Been Decreasing (Bullish) Expecting Upside Breakout So Keep Your Eyes on it.👁🗨 Targets Are MENTIONED in Chart..!! Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments...
Hi All, This one is odd one to TA, COMPOUND as a newly introduce Defi, and trying to get the right level is all guesses, however its a challenge and if one keeps an eye on it, you never know when it will explode up. Recently I read a news article giving it favorable reviews. "Compound’s New Custodial Wallet Could Spark Institutional Interest in DeFi" Key...
Entry 0.018000 Take proft: 0.021345 0.024472 0.027450
The fibonacci correction reached 0.5 It might be a good time to buy. Good trader guys Compund is a protocolo ERC20 on Ethereum. Visite -> www.defipulse.com visit defipulse to follow this new market called Defi - Decentralized Finance
la tendance baissières s'essouffle. les canaux sont de moins en moins forts. MACD est en achat en M30 en H1
Everything on the chart. I will keep updated this post for next actions
RSI showing higher lows, price is showing lower lows this is a bullish divergence Macd Bullish crossover I think this is a good re-entry