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COMPUSD

Compound Analyze (Short Term)!!!🔨The Compound runs near the upper line of Ascending Channel and is making the Shooting Star Candlestick Pattern at 4H timeframe(Reversal Pattern). I expect Compound to go DOWN at least to the lower line of Ascending Channel, and probably it can break the channel to break down. Compound Analyze Analyze ( COMPUSDT ) Timeframe 4H⏰ (Log Scale) Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
7
Compound Analyze (Short Term)!!!The Compound runs near the lower line of Ascending Channel & PRZ (Price Reversal Zone). I expect Compound to grow UP at least( 10% ) to the middle line of Ascending Channel and Pitchfork's line. Compound Analyze Analyze ( COMPUSDT ) Timeframe 4H ⏰ (Log Scale) Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
8
COMP/USDT : Moving into a pennantBINANCE:COMPUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $COMP is moving into a bullish pennant and so, As you know bullish pennant target is calculated by the flag's pole. Currently, We didn't experience the breakout yet and it has caused two scenarios for us : - Take Long at the bottom of the pennant with an SL at $41 as active stop-loss on 4H TF. - Take Long after a proper break above the marked resistance zone at $50.68. The minimum target of the pennant is located at $70.10! Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
11
📊 COMP broke the downtrend channel. What's next?Hello, dear TradingView members. This idea is a COMP analysis. COMP also broke the downtrend channel a few hours ago, and we're waiting for more confirmation. The upper band of the downtrend channel can confirm the breakout and work as support. Another support level is also static and shown on the chart. The price is now testing a resistance area, and it can reach the potential targets shown on the chart in case of crossing. Scenario one: The price will increase, and the buy volumes in the market can help the price reach the potential target levels. Scenario two: The price will lose Buy volumes, get rejected by the static resistance level, and fall into the support zone. RSI is showing overbought signals, so be careful with your long positions. The Speedometer indicator shows Sell volumes on the market for COMP on a 1D interval. Now have in mind: ANY news about this coin can cause a big pump or dump at this moment! Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
14
$DEFI is toast: nice short...I think we are likely to see a massive move down in DeFi names, the contract issued by FTX is a nice way of riding the eventual move down, which can be magnified if we get some large protocol issue, or some unexpected black swan event causing a cascading decline of epic size as a gigantic levered bubble bursts. It is likely the best short in crypto, to profit from the bear market we are in. Best of luck if going short. Cheers, Ivan Labrie.
FTX:DEFIPERPShort
by IvanLabrie
2
COMPUSD forming a long-term market bottomCompound (COMPUSD) has been trading within a Falling Wedge since the May 12 2021 High. Since February however, it has been trading within a Channel Up, which is the market attempt to form a bottom. In order for this to be confirmed as a bottom though, the price needs to break above the 1D MA200 (orange trend-line). If it does, it will be the first time to do so since September 07 2021. In the meantime, the 1D MA50 has been supporting since March 27. Another bullish structure pointing to a break-out is the fact that the 1D RSI has been on Higher Lows since January 22. A safe trade would be to buy once the 1D MA200 breaks. The higher Fibonacci levels can be used as rough targets: 0.618 at 380.00 and 0.786 at 535.00 -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:COMPUSDLong
by TradingShot