Maybe we have such a scenario First, there is a red box in front of us If it does not reject, the lower green lines are suitable for buying
◳◱ On the $COMP/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 59.61 | 63.45 | 72.81 and support near 50.25 | 44.73 | 35.37. Entering trades at 53.01 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Compound ▣...
💎 COMP has been a major point of interest in the market, especially as it approaches a strong supply area. Historically, COMP has struggled to break through this formidable resistance. A successful breach of the supply area could lead to a significant upward trend, potentially taking COMP towards our target in the Bearish OB area. 💎 However, if COMP finds itself...
💎 Paradisers, focus on #COMPUSDT as it presents a noteworthy trading opportunity. Currently, the asset is navigating a descending channel, showing strong indications of an impending upward movement from a crucial support level. 💎 Over the past month, #COMPOUND has adeptly followed its channel trajectory. Now, having touched the internal key support level at...
The first resistance zone that is ahead is the red box, if it is crossed, the above lines are available, if it is corrected to the green line, it must be checked again for entry.
BINANCE:COMPUSDT ✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Around 460 days we are in downtrend! Last time for Comp was enough 145 days for accumulation stage before pump, lets see how it plays this time. Sellers and buyers local block I marked...
Compound (COMP) technical analysis: Trade setup : We wait for price to break back above $47 resistance and 200-day moving average (~$45), which could signal resumption in Uptrend with near-term upside potential to $60 resistance. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal...
COMP is currently facing 4hrs TF resistance and if it breakout from 44.42 we can see a good run up to 52.99 Keep your eyes on the breakout from the neckline of the double bottom Follow for more market update
Compound grew by +180% from bottom to channel top. It's very volatile altcoisn which can impress traders and investors, but now it's indise the channel mid. The first confirmation of the upcoming growth will be the close of the Weekly candle above the mid of the channel. Usually, it becomes good support. 💥The targets in case of fall or close above the channel...
As I see the COMP I think it needs a bit pullback and keep going its sharp trend.
Got stopped out of my last position in COMP due to a trailing stop. Not mad tho. Ended up with 21% profit in the pockets. I hate to be out of this trade esp. since the MM's have been moving everything up during off hours. This bull flag here looks primed and prepped. Additionally, we have a hammer candle on the daily. Entry was 43.73. I'll target 58. SL will be 39...
💎Yello Paradisers! Get ready for a thrilling venture with COMPUSDT. We've detected a triumphant escape from the descending channel, paving the way for a potential bullish ascent. 💎From our prior assessments, we witnessed the metamorphosis of demand into supply, with COMP revisiting the falling channel support. 💎At this time, the substantial volume in VRVP is...
Critical Levels to Watch: 🚀 Breakout Point: $50.14 🔥 Bullish Targets: $54.58 and $57.22 🐻 Bearish Zone: Below $46.47, with potential drops to $37.35 or $36.27 👁️🗨️ Analysis: COMP/USDT is at a pivotal juncture. Keep your eyes peeled for these key levels: 🟢 Bullish: If it breaks $50.14 and holds a 15-minute candle above this level, we're aiming for the skies! 🔴...
Hello Paradisers, Here's one to watch! 💎COMP faced a setback after reaching the Bullish OB (Order Block) Zone, subsequently testing the $45 supply region. 💎Notably, after touching this supply point, COMP experienced a sharp decline. It's likely that COMP will revisit the Bullish OB zone to fill the existing long wick. 💎Should the Bullish OB zone fail to hold...
💎The current long-term price action of #COMPUSDT presents an enticing opportunity. Taking a step back and examining the broader context, we can observe a compelling narrative. Following the formation of a double bottom pattern, there was a monumental breakout above the downtrend trendline in June. During this bullish surge, the price experienced an impressive 269%...
I think the price is going to visit $31s. Since the market is too shallow, I would like to see a confirmation on LTFs (like 15 minutes) before buying. If a sharp selloff happens, $28 is another level I'm interested in. If the price can pass blue line which is the EQ level of major swing low and high level, the price may also visit red box.
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Giving off some looks here for an Elliott Wave flat pattern in motion. Not the most ideal interpretation, tbh, but if certain parameters play out, confidence will...
Traders, Just realized I wasn't able to post the very fortunate trade entry that was made by me during our most recent flash crash a few days ago. I missed this post due to being briefly banned by TradingView for inadvertently violating House Rules. Long story short, I happened to be sitting at my computer that evening and was perusing the charts per the usual...