Compound : Short-Term Pattern Breakout !Trading Setup:
There is a Trading Signal to Buy in COMPUSDT Compound (h1) (futures)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 48.65
⭕️SL @ 47.30
🔵TP1 @ 53.30
🔵TP2 @ 56.36
🔵TP3 @ 60.55
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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COMPUSD
Short position on COMPUSDT / Follow for updatesBINANCE:COMPUSDT
COINBASE:COMPUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
On the Chart
SL:
On the Chart
The Alternate scenario:
If the price stabilizes above the trigger zone, the setup will be cancelled.
COMP ANALYSIS (1D)From where we put the green arrow on the chart, it looks like a triangle is forming.
We now seem to be in the microwaves of the large D wave.
It can be rejected from the supply range to the green box.
The targets are marked on the picture.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
COMP Long after deviation BINANCE:COMPUSDT
Would be good to see deviation on Comp chart before spring rally
Possible Targets and explanation idea
➡️We trade in a range since collapse in June. Leave liquidity under 26$
➡️ Possible move over 40$ than down
➡️ Would be good to see final drop under buy line "Take profit" indicator and grab all liquidity in January
➡️ Than climbing up out of range to test middle term Fib 0.5 lvl by end of spring. Than retest support block
➡️Its more middle term targets for COMP for this February - April 2023
➡️Only in 2024 we can see full rally on this coin.
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
* Look at my ideas about interesting altcoins in the related section down below ↓
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Is COMPUSDT Primed for a 50% Rally or a Bearish Plunge? Yello! Are you keeping an eye on #COMPUSDT’s latest breakout? Let's break it down and see what’s next!
💎#COMPUSDT has recently broken out of a falling wedge, a bullish signal supported by the 50EMA and increasing trading volume. The asset is currently retesting this breakout.
💎The upper trendline of the wedge is now acting as support for $COMP. If this retest is successful, the probability of a 40-50% bullish rally is very high.
💎However, what if the retest isn’t successful? There is a major support level at $44-$47. This zone is packed with liquidity and has historically pushed the price upward. If #COMP retests this area, it could provide a strong rebound.
💎If the $44-$47 zone fails, the next key level is $40.62. This support needs to hold to maintain the bullish outlook.
💎If #COMPUSDT continues to fall below these levels, the bullish scenario will be invalidated, leading to a deeper bearish trend.
Always be prepared for all market outcomes and maintain disciplined trading strategies.
MyCryptoParadise
iFeel the success🌴
COMP Key Support Levels and Potential Bull Run Targets for 2025COMPUSD is currently demonstrating strong support at the $43 level, presenting a promising opportunity for significant gains. If this support holds, it sets the stage for a robust upward movement. However, if the $43 support level is breached, the next critical support is $32. There is an 80% probability of a bounce from this level, especially with the alt season approaching rapidly. Historical trends indicate that the alt season will likely culminate by November or December 2025.
The potential targets for COMPUSD during the anticipated bull run are impressive. Based on historical data, the minimum target stands at $1,730 to 2000$. Should COMPUSD break through this resistance by February or March 2025, we could see a maximum target of $3,000. It is crucial to remember that the alt season is expected to end in November or December 2025, and it is advisable to exit the market in November 2025.
For more detailed analysis and regular updates, follow us on TradingView to stay ahead with our latest trading ideas.
#COMP/USDT#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/USDT#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 moving average of 100
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A tasty entry point for the Compound cryptocurrency!📂 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 algorithmically determined based on the supply and demand dynamics of the market. This feature ensures that users can earn competitive interest on deposits and borrow against their crypto assets efficiently.
▫️ Furthermore, Compound's open-source nature allows developers to seamlessly integrate and build upon its platform, enhancing its utility and accessibility. Its permissionless system, which requires no KYC procedures, opens the door for a broad spectrum of users, from individuals to institutional investors, making Compound a key player in the DeFi sector.
🕵️ Investors (Tier 1,2):
Bain Capital, Paradigm, Polychain Capital, a16z (Andreessen Horowitz), Coinbase Ventures
🟢 Entry price: $87.77
🟢 Take Profit 1: $175.54 (50%)
🟢 Take Profit 2: $360.00 (10%)
🟢 Take Profit 2: $490.00 (10%)
🟢 Take Profit 2: $640.00 (10%)
🟢 Take Profit 2: $740.00 (10%)
🟢 Take Profit 2: $790.00 (10%)
#COMP/USDT#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
COMPUSDT,🟢Is it time to buy?🟢 (Details on Caption)
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 70.70, in this scenario the targets are 79.70 and 85.90, we can define the bearish breaker as our last target.
Alternative scenario: if the demand zone fails to support the price, the price can see lower prices, in this scenario the liquidity pool formed as an equal low at 44.80 can be our target.
What you should know: Compound is a decentralized, blockchain-based protocol that allows you to lend and borrow crypto — and have a say in its governance with its native COMP token.
💡Wait for the update!
🗓️24/02/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
Compound's Rise: Analyzing Its Path to a $156 ValuationCompound (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 such as legal challenges and market downturns, underscores its foundational strength and the trust it has garnered within the DeFi community.
The price of COMP has seen considerable volatility, reflective of the broader crypto market's dynamics. However, it's important to note the instances of recovery and interest from major investors, or "whales," which have periodically boosted its price. Such movements indicate a sustained interest in COMP and suggest potential for future appreciation, especially as the market stabilizes and grows.
The technical and fundamental aspects of Compound also provide a solid basis for optimism. As a DeFi platform, Compound offers a unique value proposition by enabling users to earn interest on deposits and borrow against them, a feature that has become increasingly popular among crypto enthusiasts seeking passive income streams. The governance model of COMP, allowing token holders to vote on key decisions, further enhances its appeal by promoting a decentralized and user-driven approach to platform development.
Looking ahead, the projected price increases, as suggested by various analyses including the Gemini AI platform, point towards a positive trajectory for COMP. While short-term predictions indicate a rise to $72.74, medium-term forecasts suggest a potential increase to $156.00, with long-term expectations reaching as high as $566.49. These predictions, while speculative, are based on a combination of factors including market sentiment, regulatory developments, and Compound's own roadmap and partnerships.
It's crucial, however, to approach these predictions with caution. The crypto market is notoriously volatile, and while the prospects for Compound appear promising, investing in crypto assets carries inherent risks. Potential investors should conduct thorough research, consider the market's volatility, and never invest more than they can afford to lose.
In conclusion, while the potential for COMP to rise to $156 in the foreseeable future is supported by both technical indicators and fundamental strengths, it's important to remember that this analysis is not financial advice. For those considering an investment in Compound or any other cryptocurrency, it's recommended to proceed with caution and consider registering through referral links to potentially secure additional rewards from crypto exchanges and the referring party.
COMP UPDATE (4H)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
COMP SHORT SETUPAn 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 and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
COMP UPDATE (4H TF)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 the stop to entry
Comment if you have any questions
Thank You
COMP LOOKS BULLISH (1D)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.