BINANCE: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.
This 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...
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 $40.23 could be on the horizon as COMP builds momentum for another breakout attempt. 💎For the bullish trend to...
From where we put the green arrow on the chart, it looks like a triangle is forming. We now seem to be in the microwaves of the large D wave. It can be rejected from the supply range to the green box. The targets are marked on the picture. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget...
BINANCE:COMPUSDT Would be good to see deviation on Comp chart before spring rally Possible Targets and explanation idea ➡️We trade in a range since collapse in June. Leave liquidity under 26$ ➡️ 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...
Trade 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. ...
#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,...
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...
COMP is down almost %94 from its ATH. I expect the price to hit support at $30 and start a move to higher targets at $531 and $2,420
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...
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...
COMP ~ 1W #COMP This Support Block has so far been able to hold the price of $Comp. Make purchases gradually from here, target at least 20%+
There has been a test of resistance already followed by a push downward. The current position is just a little retracement that gave us our entry. Expecting it to continue moving downward.
🔅Today, I'm excited to delve into a comprehensive analysis of COMP, providing valuable insights to aid your trading decisions in this dynamic market environment. 🔍To begin, let's take a closer look at the current state of the market. As we've observed, the cryptocurrency landscape continues to oscillate within a range-bound pattern, presenting both challenges and...
💎 Paradisers, let’s delve into the #COMPUSDT as it nicely following falling wedge formation however, there’s a glimmer of hope as it once again restores momentum at the key support level of $49.82. 💎 But what if #COMPOUND can’t quite stick the landing at this support level? In that case, we need to be prepared to switch up our strategy. Our focus shifts to a...
COMP Rallies Over 100% After CEO Quits ! Robert Leshner, the well-known creator of the DeFi lending platform Compound Finance, has resigned from his position as the CEO of the DeFi lending protocol. Leshner recently announced his plan to launch Superstate Trust, a new business venture. The creation of a short-term government bond fund is the goal of this...
#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 ~ 1W 📈 #COMP Make purchases gradually in this Support zone, with a minimum target of 20%+ 📈