COMP to $720?Compound seems to be ready to break up this triangle📐 and if successful I think there is chance for run to 720 and even higher.
ENTRY: triangle high @ 532
SL: local low @ 474
TARGET: height of the triangle projected from midpoint of the local range @ 720
RRR: 3.3
INVALIDATION: when SL level hit
Please like👍, comment🗣️, follow me✒️, enjoy📺!
Check also the previous COMP trade down below (also triangle breakout).
COMPUSD
Compound COMPUSDT - Ascending triangle + very bullish setup!- Compound - COMP Rank #55 Token on coiinmarketcap.
- On the chart we can spot an ascending triangle, which is a very bullish pattern.
- Profit target is below ALL TIME HIGH + Ascending triangle target
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
COMPUSD acheive the target Hi, I shared my analysis on the compound(COMPUSD) you can see how it achieved the target I marked, now the COMPUSDT is on resistance watch out for
Enjoy the profits
I suggested long from 405-407 and it is at 511 as you can see yourself volume support. Enjoy the dinner with some amount and remember me as well if you took a trade
Like and comment
check all my previous predictions and comment below what you think about that to motivate me
COMPUSDT Ascending Triangle Formation!COMPUSDT (DAY CHART) Technical Analysis Update
Waiting for the ascending triangle breakout
COMP/USDT currently trading at $514
Buy-level: Above $535
Stop loss: i will update once i see the breakout
Target 1: $610
Target 2: $685
Target 3: $830
target 4: $880
Max Leverage: 2X or buy it on spot
ALWAYS KEEP STOP LOSS...
COMP/USDT Ready for 70% move from here...?#COMP/USDT TA Update:-
#COMP currently trading at $510
And Looks good as per chart.
Broke out resistance $495
Now…?
Volume also good so I am expecting Big move in coming days.
If hold $500 support then We can see $800
Support:- $490/$430
Resistance:- $831
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Thank you..
COMPUSDT are two potential cup and handle patterns ?On the left side 4h chart
There is a big potential cup and handle pattern and it broke-out the handle .
We can setup a long-term trading plan
TP1 : Fib 1 (531.0)
TP2 : Fib 1.272~1.382(622.0~658.8)
SL : 399.2
On the right side 1h chart
There is a tiny cup and handle pattern
and it broke-out the downtrend line and retest the line .
We can setup a short-term trading plan
TP1 : Fib 1.272~1.382(510.9~521.4)
TP2 : Fib 1.618(543.9)
TP3 : Fib 2(580.3)
SL : 462.7
Or you can hold until touch the long-term target .
compound COMPUSD what next after retesting its resitance HI, congratulations and enjoy your profits if you took trades on my previous compound analysis where I explain how it is forming a bullish divergence where it can it is almost at my point I closed my 50% position waiting for retesting if rejected i will close all my positions and will open short
here is a complete representation of what I going to do next
If you are new to my analysis the check my previous predictions and decide for yourself
COMP triangle breakoutCompound seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 481 and even higher.
ENTRY : local high @ 445
SL : local low @ 432
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 481
RRR : 2.7
INVALIDATION : when SL level hit
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COMP thoughtsYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
COMP Really loves this formationI recently made a post on COMPS affection for the inverse H&S
This current one, a bitcoin pair is showing the same signs however with a slight difference on the positioning of the head
Hopefully a bounce back into the channel and further upsides to come
I am long COMP
COMP SEEMS LIKE A DECENT TRADEWe can witness an Adam & Eve pattern printed on the daily chart. The crucial resistance ahead must be flipped into support to enter a trade with a decent R/R. MACD shows signs of divergence in the positive zone. RSI has room to grow to confirm a breakout. Volume is decent.
💡Don't miss the great buy opportunity in COMPUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (419.90).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. COMPUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 457.81
TP2= @ 494.18
TP3= @ 530.54
TP4= @ 570.00
TP5= @ 620.29
SL= Break below S2
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