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COMPUSDT

Compound (COMP) 🔢 COMP Analysis 🔹 Overall Status: The COMP coin, after following an ascending channel, successfully broke above the channel’s ceiling. At the PRZ zone (which includes the ascending channel ceiling and weekly resistance), selling pressure led to a price correction, pushing the price down to the 0.382 Fibonacci level. ✅ Key Point: Stabilizing above the PRZ zone can accelerate price growth toward Fibonacci targets. Trading volume in this area is crucial as it can provide stronger signals about the buyers' or sellers' dominance. 🔹 Support and Resistance Analysis: 1️⃣ Support Levels: First Support: 0.382 Fibonacci level around $79-$81. Second Support: 0.5 Fibonacci level around $68-$71. Third Support: 0.618 Fibonacci level near $60-$62. 2️⃣ Resistance Levels: PRZ Zone: Weekly resistance and broken ascending channel ceiling (around $92-$103). Bullish Targets: First Target: 1.618 Fibonacci level (already achieved). Second Target: 2.618 Fibonacci level near $300-$330. Third Target: 3.272 Fibonacci level around $500-$550. Final Target: 3.618 Fibonacci level near $720-$750. 🔹 Price Movement Prediction: 1️⃣ Bullish Scenario (if price stabilizes above PRZ): If the price stabilizes above $140 (PRZ zone), it may head toward the 2.618, 3.272, and 3.618 Fibonacci levels. Increased trading volume above PRZ will confirm buyers' dominance. 2️⃣ Bearish Scenario (if the correction continues): If the 0.382 Fibonacci level is broken, the price correction could extend to the 0.5 and 0.618 Fibonacci levels. These levels could offer attractive opportunities for re-entry via laddered buying. 🔹 RSI and Entry Signals: The RSI indicator on the weekly timeframe is at 72.71 (overbought zone), indicating possible selling pressure. Positive Note: A bullish divergence between the price and RSI suggests the uptrend may resume after a correction. The ascending RSI trendline can act as support. ✅ Conclusion and Recommendations: 1️⃣ Key Levels: Supports: $79-$81 (0.382), $68-$71 (0.5), and $60-$62 (0.618 Fibonacci). Resistances: $130-$140 (PRZ) and higher targets at $300-$330, $500-$550, and $720-$750. 2️⃣ Entry Strategies: Laddered buying near 0.5 and 0.618 Fibonacci support levels if the correction continues. Entry after price stabilizes above the PRZ zone ($130) with rising trading volume. 3️⃣ Risk Management: Pay close attention to trading volume and price action near critical levels. Monitor the RSI indicator to assess trend strength and identify potential corrections or continued growth. 💡 Final Recommendation: In the current conditions, wait for technical confirmations (such as stabilization above resistance or corrections to lower levels) before entering. Prioritize capital management to minimize risks.
by alizeynali69
COMPUSDT: Volume Spike & Buyer ZonesCOMPUSDT is showing a serious volume spike, signaling strong market interest and potential accumulation. These green boxes highlight key buyer opportunity zones, where demand could push the price higher. Why These Zones Matter: Volume Confirmation: The recent surge in volume suggests active participation, often a precursor to significant price movement. Historical Support Levels: The green boxes align with areas where buyers previously stepped in, providing strong support. What to Watch For: A bounce from these zones could signal the start of a bullish move. Monitor volume closely; continued strength may confirm buyer dominance. Patience is key if COMP holds these levels, it might set the stage for a promising rally. I keep my charts clean and simple because I believe clarity leads to better decisions. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. My Previous Analysis 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan
Long
by XU99
A look at COMP waves (1D)It seems that COMP is currently in wave D of a complex pattern. Wave D appears to be a diametric, and we are now in the early stages of wave E of this diametric. By maintaining the green zone, it can move toward the red box. The first target is $99, and the second target is $114. Closing a daily candle below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
CRYPTO:COMPUSD
by behdark
1
Alikze »» COMP | Ascending channel - 1W🔍 Technical analysis: Ascending channel - 1W - It is moving in an upward channel in the weekly time frame. - According to the correction of the previous wave as 0.38 Fibo, demand is encountered in the area of ​​the bottom of the ascending channel and an ascending candlestick is observed in the area of ​​the bottom of the channel. - Currently, in the weekly time frame with the buying pressure candle, the dynamic trigger is broken and it can continue its growth with demand in the range of the green box of the next wave at least up to the ceiling of the growth channel. 💎In addition, in case of failure of the first channel, the upward wave can continue to grow up to the specified supply area. ⚠️ Note: If the candle closes below the Fibo 38 range, there will be more possibility of correction and the continuation of the bullish scenario will be invalidated and should be checked and updated again.⚠️ »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:COMPUSDT
Long
by alikze
2
COMPUSDT.1DThis chart shows the daily price movements of COMP/USDT (Compound paired with US Dollar Tether) over several months into early 2025. Here's my technical analysis: Trend Analysis The price of COMP has been in a broad downtrend as indicated by the descending trendline, R1, which highlights the resistance levels. Since reaching a high in March, the price has consistently made lower highs and lower lows—a classic bearish trend. Support and Resistance Levels R1: The descending red line, currently around the $60 mark, has been a significant barrier. The price has tested this line multiple times without a successful breach, affirming its role as a key resistance level. S1 ($41.48): This horizontal line acts as the immediate support where the price has found some stability in recent trading days. If this level holds, it might provide a base for COMP to potentially rally or at least stabilize. S2 ($34.10) and S3 ($33.84): These are lower support levels that could come into play if S1 is breached. Given the proximity of S2 and S3, this area could be seen as a strong demand zone where significant buying might emerge. Current Market Position The price is currently trading around $48.99, just above S1. This suggests some immediate support, but given the downtrend, there's potential risk of further declines if S1 doesn't hold. Trading Strategy Considering the market's bearish bias, my approach would be cautious. If holding COMP, I would look for any sign of strength above S1 and potentially consider reducing exposure on any rally towards R1. If the price breaks below S1, I would watch for reactions at S2 and S3 for potential buying opportunities, as these levels might offer substantial support. Conclusion In conclusion, COMP exhibits bearish momentum with immediate support at S1. The strategy should be defensive, focusing on risk management. Any positions taken around support levels should have tight stop losses to guard against a breakdown below these points. As always, it's essential to adapt quickly to new information and market conditions that could affect this outlook.
by MarsSignals
Is COMPUSDT Heading for a Breakout and make massive move?Yello, Paradisers! Could #COMP be setting up for a massive move? Let’s dive in. 💎#COMPUSDT is showing signs of a significant rebound from a strong support level, with the current price facing resistance at $45. However, a retest of the support at $40.23 could be on the horizon as COMP builds momentum for another breakout attempt. 💎For the bullish trend to continue, it’s crucial that COMP breaks through the $45 resistance level, which would then open the path to our first target in the Bearish Order Block (OB) area of $51-$54. A successful break above this zone could trigger a significant upward move, making it easier to hit our final target in the strong resistance area. 💎On the flip side, the bearish scenario could play out if COMP fails to bounce from the $40.23 support and breaks down further. In this case, the price is likely to retest the strong support area below. Historically, COMP has shown the ability to rebound significantly from such strong support levels, often resuming its upward trajectory. 💎However, the bullish outlook would be invalidated if the daily candle closes below this strong support area. If this occurs, it would confirm a downward continuation, potentially leading to a deeper dip. Discipline and patience will be key in navigating this market. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
COMP ANALYSIS (1D)From where we put the green arrow on the chart, it looks like a triangle is forming. We now seem to be in the microwaves of the large D wave. It can be rejected from the supply range to the green box. The targets are marked on the picture. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
COMP Long after deviation BINANCE:COMPUSDT Would be good to see deviation on Comp chart before spring rally Possible Targets and explanation idea ➡️We trade in a range since collapse in June. Leave liquidity under 26$ ➡️ 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. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅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 ↓ * For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
COMP (Compound): Channel Down BreakoutTrade setup : Price remains in a downtrend, however, price had a bullish breakout from Channel Down pattern and above $50 resistance, which would signal bullish trend reversal with +20% upside potential to $60 next. Stop Loss at $46. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) - initiate a trade when the price breaks through the channel's trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8. Trend : Short-term trend is Up, Medium-term trend is Neutral and Long-term trend is Strong Down. Momentum is Bullish (MACD Line crossed above MACD Signal Line) ABOVE days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $50.00, then $45.00. Nearest Resistance Zone is $60.00, then $68.00.
Long
by altFINS
#COMP/USDT#COMP The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside. We have a bounce from a major support area in green at 42.00 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward. Entry price is 48.50 The first target is 56.52 The second goal is 62.00 The third goal is 67.90
Long
by CryptoAnalystSignal
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🌴
Long
by MyCryptoParadise_Simon
2
COMPUSDT on the Verge of a Major Move – Are You Ready?Yello, Paradisers! Are you prepared for a potential big move in #COMPUSDT? Here's why you need to keep a close eye on this one right now. 💎 #COMP is showing promising signs of rebounding from a strong support area. If this upward trajectory continues, we could see a test of the descending resistance area soon. A successful breakout above this descending resistance could ignite a bullish momentum, potentially driving the price significantly higher. 💎Our first target is the resistance level around $66. Should COMP break through this area, there is a high probability it will reach our target strong resistance level. 💎However, if COMP fails to show strong signs at the support and merely moves sideways for a few days, this could spell trouble. A break below the strong support level would invalidate the bullish outlook and indicate a bearish continuation, driving the price further down. It's crucial to be patient and wait for the best, highest probability trading opportunities. Remember, disciplined trading is the key to long-term success. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
2
Parking some of my profits here! I've made a ton of money in 2024 with BTC, ETH, MKR, and SHIB. It's amazing to see how Compound (COMP) still hasn't done much yet. I believe a coin's recovery is a key indicator of its future market strength. So far, it's hard to tell if COMP will become a leader in its field. The market's recovery looks weak, which is why I'm buying now. I've basically avoided 90% of its boring phase, so either COMP will stay dull, or it's about to take off soon. The number of investors is interesting, so maybe the market is a bit manipulated. Who cares? Let's see how this strange situation unfolds. I don't have any price targets; whatever happens, happens. This is just a small part of my pure 2024 profit going into this unknown venture.
by aMilliondollarBitcoin