COMP
🆓Compound (COMP) Nov-22 #COMP $COMP
COMP has an important support at $280, it can still fall to $240 but we can already start accumulating COMP targets at $360, $440 and $520 in the near term.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 280$ zone
🔴Buy : 280
🔴Sell : 360 - 440 - 520
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 280$ zone
🔵Sell : 280
🔵Buy : 240
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
A remarkable place to return for COMPUSDTThe chart is on 1D Timeframe
We have a really major Support zone where price mostly react to. Simultaneous hits the long term ascending trendline & shaping a beautiful pullback to broken descending trendline.
As you see everything is ready to reverse, If we don't see BTC to fall anymore
you can use lower TF to enter the position or wait to see how BTC will close at the end of the day , It's up to you
the target would be at resistance zone around 520-530
Do not forget money management
hope you have a profitable trades
COMP - buy after a false break of this level 🚀❗❗COMP tried to move out of the accumulation zone but failed. After the false breakdown, the price corrected strongly. And at the moment COMP is testing the trend line as support. This is a good signal. But a breakout of the lower boundary of the accumulation zone, liquidity gathering, and subsequent growth can also occur. In case of a false breakout of the lower boundary of the accumulation zone, there could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
$COMP/USDT 12h (Binance Futures) Falling wedge breakout & retestCompound just regained 50MA support and looks ready to push higher towards 200MA resistance, let's not miss next dip!
Then, we'll see if strong enough to break out of the big symmetrical triangle and start a massive bull-run.
That DeFi / BSC governance token is a DAO lending protocol, also part of Polkadot & Avalanche Ecosystem, more info on compound.finance
Current Price= 348.23
Buy Entry = 343.23 - 331.29
Take Profit= 384.87 | 437.98 | 491.78
Stop Loss= 305.42
Risk/Reward= 1:1.5 | 1:3.16 | 1:4.85
Expected Profit= +28.24% | +59.72% | +91.64%
Possible Loss= -18.88%
Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 1.5 months
COMP loading for new leg up!!!Cup and handle pattern forms on daily chart and 4hr chart . Could there be a $450 COMP loading?... like and comment let me know what you think
King Alaluna
COMP/USDT TRADE SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this COMP trade setup. COMP is a Defi coin and soon every single Defi token pumps hard. It broke out from the parallel channel. Buy now and add more in the dip.
Entry range:- $355-$368
Target1:- $388
Target2:- $414
Target3:- $426
Target4:- $452
SL:- $342
Leverage:- 3x-5x
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank You!
COMP - new rocket 🚀🚀COMP is out of the accumulation zone. Additionally, the price tested this zone as support. These are good signals for growth. The price has now approached the trend line and in case of a breakdown could reach the first and second target quite quickly.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
COMP - new rocket 🚀🚀Comp is a coin with good potential. A strong project on the fundamental analysis side. On the chart, the coin is in a trading range on the higher timeframes.
On the chart you can see that there is a large volume at the bottom when the lower boundary is tested, it is a bullish signal. A good buying opportunity. The first target is the upper limit of the trading range. The second target is the ATH.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
comp analysisComp has a strong support of 281$ and it ranging in a box of 281-230$ (so you can do future with tight stoploss ).
I am bullish in this coin—-
Compound (COMP) is an ERC-20 asset that empowers community governance of the Compound protocol; COMP token-holders and their delegates debate, propose, and vote on all changes to the protocol.
Its performance is best in past so we can see COMP soon to 520$
Quick scalpel area
Short term target
Long term target
All given in the chart👨🏻💻👨🏻💻
COMP - JUST BUY THIS COIN FOR X10 ✅🚀COMP is the leader in our crypto portfolio. A very promising coin from a fundamental analysis point of view. In a nutshell, Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies.
🔋If we analyze from technical analysis side, this coin has been in accumulation for two months already, and soon we expect exit from accumulation zone and strong impulse growth. But don't discard correction option, the price can go down to support zone, which is marked below.
We bought this coin on the 26th of October at 318$ in the long accumulation zone for 5% of our total equity. This is one of our medium-term positions. We expect a potential of 500% to 1000%.
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