COMPUSDT
COMP/USDTCOMP/USDT >>> pay attention from the market trading level will tend to be sideways down, pay attention to the blue bar area.
where the price is 129/132 the price is up, the price is the bottom is 111/114.
for the market trend is more likely to go up, and will make a small hill.
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COMP/USD - Updated entry levels for +27% tradeHello, traders!
The DEFI hype continues to expand as well as the prices of assets.
Let's consider the entry points for those who didn't do it at $99.
COMP tested a strong resistance level of $125 and went into consolidation.
We can consider entry points at two levels :
The first between $117-122
The second after the price went over $125
In this case, the targets will be levels $147 and $160.
SL under $ 115
Good luck and watch out for the market!
P.S This is not financial advice - just a trade I would be following myself
COMP/USDT potential +48% trade setupHello, Traders!
After the dump, the price of COMP returned to the active trading range of $89.83 - $99.22.
The price has now entered an uptrend after collecting the liquidity of buyers.
The price is supported by the MA100 on 4H timeframe.
A low-risk trade can be considered after the price is fixed above $99.22 after its retest.
The targets will be at $110 - $117 - $125 - $147 levels.
SL can be set at $93.
In this scenario, you get a trade with the potential profit of up to +48% with a stoploss at the level of -5% with the risk-reward ratio being more than 9!
Watch out for the market and good luck!
Please share your thoughts on the setup in the comments below
P.S. This is not investment advice, just a trade I would be following myself
COMP/USDT : how to take position now ?! BINANCE:COMPUSDT
Hello everyone😃
Bullish side📈
- Pullback from support zone
- Going to touch FIBBOs retracement level5
- Bullish MACD
- Bullish market positions
- Convergence ( 4Hours - 1Day )
Bearish side📉
- EMA 50 is near and price is below it... ( 4Hours )
- Stochastic is touching 100 limit, need to cool down !
- Bearish FIBBO retracement
COMP had convergence on 4H & 1D chart, It should test 100$ or more !
Also most of indicators are bullish, so we predict on them.
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
Trend reverse in COMPUSDTA look at the Daily TF shows a clear divergence signaling a possible reverse in trend, Going down to the 4H TF we can also notice a weakening in bearish momentum which confirms the divergence from the Daily TF. If the market breaks through the different color rectangle, that is likely an early signal of reverse in trend in the bullish direction. A retest of the breakout zone from the 4H TF should be a good buy signal to ride the trend. Happy Trading, Stay Inspired.
COMP/USDT 8h (Binance Fut.) Descending channel breakout & retest#Compound is pulling back to give us entry after that clear breakout of parallel channel.
I believe this is a new opportunity to long it before a possible bull run!
Current Price= 107.06
Buy Entry= 107.03 - 102.23
Take Profit= 116.77 | 123.26 | 133.20
Stop Loss= 96.51
Risk/Reward= 1:1.5 | 1:2.29 | 1:3.52
Expected Profit= +23.20% | +35.62% | +54.62%
Possible Loss= -15.52%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 480h
Possible trend reversal confirmation and next resistance levels*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
Can it hold above these KEY levels of support to go higher?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
✳️Compound/USDT (27/10) #COMP $COMP #COMPUSDTCOMP is continuously breaking the lowest levels so we should not expect too much on this coin.
Currently, selling pressure has subsided and COMP is looking to rebound with Inverse Head & Shoulders. This pattern will be formed if the COMP fails to break the 92$ bottom and bounce back to break the 108$ zone. The target is the 120$ zone.
The main trend of COMP is currently moving sideways in the 90-120$ zone.
COMP will continue to bottom out if it breaks below 90$
COMP 1D. Next Potential Bottom Range is $72-80.Briefly about the protocol. The Compound Platform is a Defi lending project developed on the Ethereum blockchain. Basically, any cryptocurrency owner can deposit it into a smart contract, where it joins the liquidity pool and starts generating interest.
So far, the Compound protocol supports the following altcoins : ETH, DAI, SAI, USDC, USDT, WBTC, ZRX, BAT, REP.
We have seen a strong downtrend since September. However, there was a light at the end of the tunnel! After sellers tested the mark $94. The price exited the falling channel and attempted to break the level $107.5, which would open the way to $123.
However, it could not be done and the light went out at the moment.
In our opinion, the scenario of the COMP price returning to the falling channel is more realistic. Moreover, we think that the token will renew its historical low and stop in the range $72-80.
An alternative scenario is possible only after fixing above $107. If we see such a probability, we will immediately publish an idea about it!
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Compound (COMP) - October 10Hello?
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At this time, the downtrend cannot be seen as overflowing.
You have to wait until you get the same flow as A.
You need to make sure it can move like the B flow shown on the Volume indicator.
I think we can say that we are out of the downtrend by going sideways by rising above 162.08 points on the current chart.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)