BTCUSDT H1 : Setup for long Hi Guys , Hope you well
We have two scenario for long ,we can go up with break the bearish trendline, but i agree with go down to hit the liquidity and then upward . please check your own setup. And do the best.
SecondChanceCrypto
⏰27/JUNE/23
⛔️DYOR
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COMPUSDT
COMP ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the COMP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
COMP Possible Breakout!BINANCE:COMPUSDT lurking around SR flip level.
Plan A: Once price breaks out, Possible Long via Retest or pullback with potential upside targets 41, 47 and 57
Plan B: Short to possibly 31.00 zone
Remember CRYPTOCAP:BTC will drag BINANCE:COMPUSDT in it's direction so watch out for the possible Head and Shoulders on CRYPTOCAP:BTC that hasn't accelerated away yet proving Plan A / Plan B ideas. You can review my thoughts on this CRYPTOCAP:BTC Head and Shoulders here: tinyurl.com
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
COMP / BTC (bottom here)hello dear trader
What Is Compound (COMP)?
Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform.
To learn more about this project, check out our deep dive of Compound.
When a user deposits tokens to a Compound pool, they receive cTokens in return. These cTokens represent the individual’s stake in the pool and can be used to redeem the underlying cryptocurrency initially deposited into the pool at any time. For example, by depositing ETH into a pool, you will receive cETH in return. Over time, the exchange rate of these cTokens to the underlying asset increases, which means you can redeem them for more of the underlying asset than you initially put in — this is how the interest is distributed.
On the flip side, borrowers can take a secured loan from any Compound pool by depositing collateral. The maximum loan-to-value (LTV) ratio varies based on the collateral asset, but currently ranges from 50 to 75%. The interest rate paid varies by borrowed asset and borrowers can face automatic liquidation if their collateral falls below a specific maintenance threshold.
Since the launch of the Compound mainnet in September 2018, the platform has skyrocketed in popularity, and recently passed more than $800 million in total locked value.
Nice risk/reward ratio for COMPCOMP is currently chilling at daily support level and right at the bottom side of the huge triangle, showing RSI divergence on 4h and 1d time frames. Giving possible upside move with more than 50% and small risk with stops below support & trend line could be a nice play.
Bulls Defend Critical Support: #COMPUSDT Shows Signs of Uptrend🐂 #COMPUSDT bulls fiercely defending the $38 area, where the 78.6% Fibonacci support was twice rejected. The recent price action reveals a clean rebound off the uptrend trendline and the critical VolumeProfile demand zone.
If this massive support continues to hold and #COMPUSDT can produce a new higher high, it is highly likely that we will see a continuation of the bullish trend. The next resistance level to watch is at the $50 mark.
COMPUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower
Targets: 65 - 80 - ~95
after first target reached move ur stop to breakeven
Stop: ~36 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 8
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
COMP USDT | two trade opportunities !!Hello Traders,
#COMP/USDT just broke the resistance level and the next major resistance will be 47 and I think this resistance is powerful enough to make the price decline a bit.
so, we may open two trades,
The first trade is trading the current resistance
🟢Entry price: from 42.5 to 40
🎯Target will be 47
🔴Stop-loss: closing daily under 40
the second trade opportunity is trading the breakout of 47 resistance level
🟢Entry price: closing daily or 4h candle above 47 resistance level
🎯Target:
-> 58
-> 64
-> 70
🔴Stop-loss: closing daily under 47 (the resistance that became the current support)
Compound targets programmed
Possible Targets and explanation idea
➡️Cut all noise on chart. Open weekly chart
➡️Fib in play. Weekly retracement FIB. We came in -0.27 level (accumulation zone)
➡️White dashed line is main middle term stop losses. Play like magnet
➡️Trade under fundamental price (real value price) based on Take Profit indicator.
➡️Magnet Is take profit line of Take Profit indicator and Exit line (grab stop losses)
➡️You don't need make a lot of lines and drawings on chart to understand main trend and targets if you have a right tools
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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COMP IS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the COMP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You