COMP
🔥 COMP Bullish Triangle BreakoutFollowing many other breakouts which happened in the last couple of days, COMP has managed to break out of a triangle as well, launching itself up.
Now would be a good time to entry, personally I'd wait for a small pull-back towards the triangle resistance.
Happy trading!
Compound looks set for a march northCompound looks really attractive based on the trading signals. It has also formed a bullish pennant.
The problem with these trading signals is that they aren't always that accurate with assets that have such a small market cap. Nevertheless, its looking interesting.
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Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not result in speculative decisions in any digital asset.
COMPUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in the daily timeframe. The support line which we have drawn has been able to hold the price. We expect the price to touch the TPs in the future but we need to keep this in mind that if it does not hold on the line, we might see further fall which is of course less likely.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
It's a great buy opportunity in COMPBTC @compoundfinanceTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.007980). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. COMPBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 0.009700
TP2= @ 0.011300
TP3= @ 0.013620
TP4= @ 0.016600
TP5= @ 0.019640
TP6= @ 0.022900
SL= Break below S2
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It's a great buy opportunity in COMPBTC @compoundfinanceTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.007980). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. COMPBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 0.009700
TP2= @ 0.011300
TP3= @ 0.013620
TP4= @ 0.016600
TP5= @ 0.019640
TP6= @ 0.022900
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
$COMP/USDT 4h (Binance Futures) Descending triangle breakoutCompound could bounce here if market allows recovery
Current Price= 456.48
Buy Entry= 456.98 - 448.50
Take Profit= 499.27 | 545.63 | 629.88
Stop Loss= 415.61
Risk/Reward= 1:1.25 | 1:2.5 | 1:4.77
Expected Profit= +20.56% | +41.04% | +78.26%
Possible Loss= -16.40%
Fib. Retracement= 0.618 | 0.786 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 240 hours
🆓Compound/USDT Analysis (20/2) #COMP $COMPCOMP is accumulating a lot in $400-550 zone and this shows us that COMP is a very potential coin and very profitable for us.
📅NEWS
No News
📈BUY
-Buy: 440-460$. SL if B
-Buy: 540-570$ if A. SL if B
📉SELL
-Sell: 540-570$. SL if A
-Sell: 760-800$. SL if A
-Sell: 1050-1100$. SL if A
-Sell: 1550-1600$. SL if A
♻️BACK-UP
-Sell: 440-460$ if B. SL if A
-Buy: 340-360$. SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
COMP chart in pair with bitcoinCOMP is about to bottom like other alts.I expect a dip of %14 to make a double-bottom pattern so it can easily take off to the top of its macro trend. Another scenario in my view that is very unlikely to happen is going up from where it is now by making an inverted H&S