COMP LEVELS TO WATCH COMP KEY LEVELS TO WATCH FOR REACTION, either a break to the upside to take the sell liquidity or a push down to the demand zone
COMPUSD
COMPOUND COMP price ready for x2 growth?Today, we liked the Compusdt trading pair on global 3 days chart.
It has not been analyzed for a long time, but now I liked that the Compusd price is moving in its own way, despite the maneuvers of the BTCusdt price.
In general, Compound Protocol is in the top 10 in terms of volumes of blocked resources (TVL) in DeFi protocols
Perhaps the individual behavior of the Compound price is somehow affected by this news: "DeFi project Compound has launched a lending service for institutional investors"
Or maybe something more interesting is being prepared in the project, which we will find out after the COMP price shoots up)
Summing up: while the COMP price is above $55, there is a good chance for x2 growth to the $100 area, where there is a strong liquidity zone.
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November of 2020Nov of 2020 we saw a push above $80 lead to a high of $500 followed by a higher high of nearly $1000….. I believe a push over $80 could have similar effects in the upcoming year followed with the BTC and ETH markets going up…. Also volume is picking up at its low
Just TA not FA
COMP WAVES ANALYSEWe are in a large diametric. We are now in wave F of this large diametric.
This branch F itself has become a diametric diamond that looks like future fluctuations.
COMP squeezeIt seems that there is some sort of short squeeze being prepared here on COMP.
Expecting that former support will act as resistance, between $68 and $73.
Abandon ship if BTCUSD tanks. Good luck.
💎 COMPUSDT: 797.52% Profit Potential in Next 9 Months💣💣💣💣Last 2-3 weeks we seen huge buying in COMP coin, in upcoming months its to going pump very hard.
entry and targets are given on the chart. Treat this idea as long-term investment
please Like and comment if there are any queries.
#bitcoin #altcoinseason #altcoin #altnews
COMPUSD 1HR Chart - Bullish Divergence Between Price and RSIAfter the day's sell-off, COMP is recovering. The bullish divergence (RSI making a higher high and price making a lower low) shows that the price is likely to rise from here. The blue MACD line crossed above the orange signal line, indicating a change in trend. The price may rise to the recent 57 to 58 level. Potential short-term gain: 3% to 5%.
No guarantees of course - just going with the odds.
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.
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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.
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 idea COMPThinking this time the breakout from this macro trend (resistance) is different as price action and the lagging strand has managed to find it self above the cloud on the 1 hour. There seems to have occured like a floating retest (not 100% on this terminology) with a sort of mini flag formation here.
Target overhead is 2 x the risk, which takes us to revisit the local high once more.
COMP/BTC looking very healthy.
COMP - breakout attempt no.6?COMP going for the break once more. This diagonal resistance has been hounded. Surely it will break now.
The fib mapping gives some nice levels, to take profit and then to sit and wait for the retest of the resistance as support.
An alert just went off COMPAn alert of mine just went off. COMP just broke through the upside of a falling wedge that has been in place since august 2021. Exciting times. Lets see where this one goes.
Good luck everyone. Will zoom out on charts and post below.
Compound (COMP) formed huge Gartley for upto 856% big pumpHi dear friends, hope you are well and welcome to the new trade setup of Compound (COMP) token.
On a monthly time frame , the price line of COMP has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
📊 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.
✅TS ❕ COMPUSD: potentially bounce down✅✅COMP has reached a resistance level from which it can potentially bounce down. I'm expecting a fall.✅
🚀 SELL scenario: short to 27.6.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Trading opportunity for COMPUSDTBased on technical factors there is a long position in :
📊 COMPUSDT
🔵 Long Now 56.5
🧯 Stop loss 54.0
🏹 Target 1 59.0
🏹 Target 2 65.0
🏹 Target 3 75.0
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
$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.
COMP looking interestingA full retrace all the way back down, and beyond old support. Would be nice if it get back inside that really low support.
Falling descending wedge could break causing quite the uptrend.
COMPUSDT LongCOMPUSDT Long
Compound Long-term
Buy now or Buy on 295.0
SL close below 265.0
TP1: 350.0
TP2: 498.7
TP3: 663.7
TP4: 883.4
TP5: 1074.2
TP6: 1327.2
Researcher Strategy v2
@IR_Researcher
COMPUSD Next Potential move!Medium to short term #compusd View. The next wave is about to start, I am seeing currently is fully based on the structure and wave analysis, I might be wrong it is my point of view on what could be the next move trade with care and this is not a signal Thankyou.
QUICK ONE - COMPCOMP leg up? Love this coin, because it was so long still around COMP. Hope we see a big leg up!
DYOR!
NO FINANCIAL ADVICE!
HAPPY TRADING
