COMPUSDT
COMPUSDT - Support and bullish divergences
Comp has found a support around $127 and has hit that support two times and is now bouncing of.
This goes wish a llist of bullish divergences on the 4H Timframe, ending with a missing right shoulder divergence.
I expect after this divergence, at least a pull up to the +1 ATR on the 4H TF. Meaning a target of around 145.
Entry should be somewhere around 132-133
Stoploss is a bit below the level of support, 125.
I will exit around 145, and leave a third of the stack run with a trailing stoploss.
entry: 132-133
SL: 124.95
Target 1: 145 (2/3)
Target 2: 156
comp/usdt compound double bottom #long #bullishcomp/usdt dumped hard recently from 270$ to 125$
now its trading around 143-144
double bottom is clear in chart
we will buy the break of resistance around 148$
entery now at 144 is higher risk
targets :
152.5
159
165
175
after you buy stop should be 4H candle close below 137.98
good luck
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COMPUSDT, Do you like a huge ratio?We have a great opportunity here.
If the price will show a re-low of the Support Level you can look for the Buy entry above the level.
The potential profit will be in 10...20 times bigger than the risk.
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COMP not done just yet!COMP is currently testing daily, golden retracement and trendline support which I suspect is going to hold considering the hidden bullish divergence signal on 4H stochrsi which usually signals continuation in a trending market. Declining sell volume on this drop in confluence with major support and hidden bullish div makes me boolish at least for the short term.
Targeting $290 - $305 for this next leg up
Crazy COMPOUND potential !COMP show interesting signs after retrace Wave 1 to 0.618 FIB. Same for COMPBTC pair.
Potential looks crazy even considering first Wave 3 target at 1.618 (based on Elliot waves analysis). DeFi hype could help.
We do not have a lot of datas for the moment so we have to follow. Let's see
See u
COMP-USDT ( ATTENTION ) Compound breaked down from the trendline after that made an fake jump to the uptrend and rejected. COMP is still in downtrend guys. Buy zone is only and only after breakout. For people which is holding this coin i prefer to use stop loss at the shared area.
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#COMPUSDT Long another potential 35%COMP looks prime for a LONG here !
After breakout and confirmation, we can see REN rally upto over 35%
If we buy at CMP and the market goes in our favor then so be it, but if it retraces we can DCA more and get a good average price and then go up from there.
Short term traders can benefit too ! 15% is not bad at all.
ENTRY: CMP (198.83)
Targets:
212.92
226.30
268.40
SL: 184.30. Do DCA and buy in Dip
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#Golden Rule
#BTC moons Alts Rekt
This is what I think.
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#PEACE
COMP/BTC (Retest Golden Fib Support?)COMP/BTC
-Compound is now down by -30% from the recent high
-It is approaching a key area of support
-This zone is a confluence of Golden Fib, 200ma&50ma plus key trendline
-If we can see Bullish rejection at this zone
-This will give a strong bias of potential bounce up reaction
-I'll be watching this area if this level will be tested
COMP/USD (Short Term Uptrend?)COMP/USD
-With the help of Cross Ultimate indicator, we manage to find the good entry position
-The perfect entry was the breakout of local resistance at $141
-Also, the Cross Ultimate indicator gave us a strong bias of reversal signal
-The price started increasing and hits all our Take Profit targets
-I do not recommend to enter at current market price
-Please wait for the pullback at potential support located around $211
COMP/USDT 6h: Descending channel breakout & pullbackCompound is looking bullish at last, it could be a good hedging position during Bitcoin correction.
Current Price= 143.85
Buy Entry= 144.02 - 139.00
Take Profit= 156.91 | 185.43 | 205.51
Stop Loss= 125.91
Risk/Reward= 1:1 | 1:2.85 | 1:4.16
Expected Profit= +32.64% | +92.85% | +135.48%
Possible Loss= -32.64%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 480h