COMP - new rocket 🚀🚀If you look at the technical analysis side, COMP looks very good.
The price has been in accumulation for a long time while getting closer and closer to the trend line. After yesterday's fall, the price has recovered very quickly, also we should note the appearance of more volume at the bottom. This is a good signal for growth. A breakdown of the trend line might be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
COMPUSDT
going long on COMPSold my LTC for COMP... regardless of LTC debatable fundamentals, COMP is far more promising in that regard.
As you can see in the weekly chart, COMP has been in the accumulation stage for long and still below the 8W SMA indicating that it is still under valued in a bull run. Add to that COMP is still back to July levels.
Again, the RSI, Ichimmoku Cloud and Ichimmoku Signal and Heiken Ashi are not signaling a buy signal. So it is a pure speculative purchase based on the FA, not the TA or PA.
Comp looking really goodIn order to keep the rythm here i get u the last one. Comp is looking so solind and a stong move should be aproching. If this breaksout i expect it to go to the 0.618 at least.This crypto has always been very volatil and has played out big moves. Definetly is a must have in ur watchlist Be ready for this one and good luck.
#COMP/USDT [ COMPOUND ] trendline touche#COMP/USDT can do it from here after the continuous trendline touche 📈, keep an eye on it👀 .
4H Technical Analysis
⚪️ RSI: 61.78
❇️ Stoch: 90.68
⚪️ MFI: 48.57
❇️ CCI: 183.48
❇️ WR%: -6.75
E.SMA 10 25 50 100 200
EMA: ❇️ ❇️ ❇️ ❇️ 🔴
SMA: ❇️ ❇️ ❇️ ❇️ 🔴
⚪️ ADX: 25.38
❇️ ADX Signal: +DI > -DI (Bullish)
❇️ MACD Bullish Crossover ON
❇️ Parabolic SAR: Bullish
#BTC #Trading #Binance
COMPUSDT Technical Analysis⏳ Spot
💎 COMPUSDT has formed an ascending channel, it has got rejected from the significant resistance zone, if it breaks above the channel it will continues the Bullish move to other TPs
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 322.0 - 328.0
☕️ TP1 377.7
🍺 TP2 420.0
🍻 TP3 485.0
🍾 TP4 550.0
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 303.3
Good Luck 🎲
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COMPUSDT : Are you ready to pump ?In COMPUSDT 4h
It had converge for a month .
It almost break out the triangle .
If it break out and stand firm above the triangle ,trading strategy as below .
SL:301.0
TP1:351.4
TP2:370.8
TP3:378.7
TP4:395.6
TP5:422.9
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COMPUSDt analysHello friends.
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Everything on the chart.
I've seen ascending triangle.
open pos: 425-440
target: 620 and 700,after first target reached move ur stop to breakeven
stop: ~380+-5 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 6
Good luck everyone!
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Alts pump stated - Ex CompHello,
Here is what I have identified, based on one of my own custom indicator.
My indicator called DCA Daily Buy (but also working on 12, 4h, 1h, with adujsted settings), supposed to help me identify bottoms on big coins : BTC, ETH, LINK, LUNA, COMP, SNX, and some others, vs USDT.
I have found by mistake that vs BTC, my indicator was already flashing sigals to buy.
And when I compare for example compusdt and compbtc, I see that when compbtc start to move up, compusdt also moving up, soo I have set some buy order... :)
compbtc :
compusdt :
CompBTC Compared to CompUSDT :
COMP big bullish move incoming?COMP has been consolidating above a previous support level for close to a month now and has started to form the first halve of what could be a parabolic curve bouncing off the trend line. The parabolic sar indicator has turned bullish on the daily timeframe for a couple of days now and there is a slight bullish divergence on the RSI daily. Even though support looks steady BTC can spoil the party so I would look at entering a long on spot or with low lev only. First target around 520 easy.
COMPUSDT Technical Analysis⏳ Spot
💎 COMPUSDT has formed a Wedge pattern and a descending channel. After breaking above the descending channel it has gone for the retest. The price has got rejected from this zone. I am expecting that the price starts to go higher from this level.
🌐 Tradingview
🏁 Short Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 310.0
☕️ TP1 330.0
🍺 TP2 345.0
🍻 TP3 420.0
🍾 TP4 _____
🍷 TP5 _____
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 290.0
Good Luck 🎲
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Have a Profitable Day
COMP/USDTCOMPOUND trend in falling wedge where make a bottom at 279$ and then test it three times ..so my conclusion is "that is a solid bottom :)" then broke falling wedge pattern make support on golden pocket 315$ ..now need to flip resistance to support at 338$. where make a potencial W pattern/bullish ..potencial long price is on the chart..cheers