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
COMPUSDT
COMP/USDT { COMPOUND } - BULLISH SETUPANALYSIS 🔎
- COMP/USDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@530.98)
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
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.
COMPUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price has hit its support line and is moving upwards. If it stabilizes above the line, it can touch its target over time. But if the price can not stabilize above the support line, we consider the fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Impending Breakout, 50% gain for mid term playAscending triangle for COMPUSDT spotted on daily time frame.
Double bottom and impending breakout soon. Very good double bottom confirmation and good entry level at the moment.
Mid term play, suggest to hold at least 1 months to see the play.
Entry : Around $440
SL : $318
TP : around $740 to $760
COMPUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. As you can see, the price is fluctuating within a channel. We think the price can take a break and then continue to climb again. But in case of loss of support and stabilization, we consider more shedding.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
COMPUSDT After Pullback Can Go Higher
Welcome back Traders, Investors, and Community!
COMPUSDT on H4 after Pullback can go higher
⬆️Buy now or Buy at 415.73
⭕️SL @ 361.34
✅TP1 @ 490.92
✅TP2 @ 530.80
✅TP3 @ 570.67
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💡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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. . . . . Please show your support back,
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💡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
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️