comp buy long Entry: 71.51
Profit: 220.91 (208.92%)
Stop: 51.14 (28.49%)
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
COMPUSDT
COMPUSDT at monthly resist, likely to head to monthly supportThe price has hit the confluence of monthly, weekly and daily resistance. This level has pushed the price several times down. Would this time be different? It is possible that this time is different as resistances are meant to be broken when the price rallies. However, the system says, the probability favors a short here towards the monthly and weekly support. I case it breaks the resistance and trades above for a while, then a long will become favorable.
BTCUSDT H4: NICE SHORT SETUPHi Guys , Hope you well
A trend has been made below the price, which is breaking, showing us the range of 28,600-26,000. Also, the economic data was announced in accordance with the market's decline. I expect the price to suffer for a while and then we will see a rapid downward movement.
SecondChanceCrypto
⏰6/JULY/23
⛔️DYOR
Always do your research .
If you have any questions, you can write them in the comments below.and I will answer them.
And please don't forget to support this idea with your likes and comments.
Double top.Assuming it’s a double top, if we don’t see a strong breakout with high volume above $71
We can expect a drop to at least $45
A bounce and possibly lower to around $35 but $42-$45 is a good entry point for a scalp
Keeping in mind Comp All time high was $915, we see strong rejection around $71 but is a drop in the bucket compared to what it could be in the next bull run.
With a 52% increase within the week and a 80% increase within the month
Anything above $71 could trigger another push
However on the daily we are currently overbought.
Good luck and have fun with it!
COMP, CELOHello?
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(COMPUSDT chart)
Looking at the 1M chart,
If the price holds above 63.70, a move up to the 111.96 point is likely.
Looking at the 1D chart,
We need to make sure that it is supported around 63.70-64.95.
If it declines, you should check for support near 46.48-56.89.
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(CELOUSDT chart)
Looking at the 1M chart,
A volume profile section is formed at the 1.469 point.
Therefore, it is expected that the full-fledged uptrend will begin only when it rises above 1.469.
However, since the HA-Low indicator on the 1M chart is formed at the 0.774 point, buying is possible when it is confirmed that it is supported around 0.774.
Looking at the 1D chart,
The HA-Low indicator of the 1W chart is formed around 0.536.
Therefore, the key is whether it is supported and rises around 0.517-0.536.
Once supported and started to rise,
1st: 0.670-0.711
2nd: 0.774
Split selling is possible when resistance is received near the 1st and 2nd above.
However, since it is currently within the downtrend channel, there is a possibility that the upside may be limited, so it is necessary to be cautious in trading.
(CELOKRW chart)
Looking at the 1M chart,
Looking at the distribution of trading volume, it is expected that a full-fledged upward trend will begin when it rises above the 1035 point.
Looking at the 1D chart,
It is located at point 716 of the HA-Low indicator on the 1W chart.
Accordingly, the key is whether it can be supported around 716 and rise above 762.
If the price holds above 762, it is expected to break out of the downtrend channel.
However, since the volume profile section is formed up to the 1035 point, it is expected that the rise will be limited.
Accordingly,
1st: 847
2nd: 976-1035
Split selling is possible when resistance is received near the 1st and 2nd above.
Below 675 is not an easy area to trade, so we recommend waiting until it rises above 675.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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COMP/USDT 1D: 75$ or more?! Hey guys
COMP has broken its two-year downtrend line on the weekly time frame
and started a strong bullish move accompanied by impressive trading volume.
Currently, there are two resistance levels in front of it
The $70 level is the ceiling of the trading range channel, and the $80-$100 range is a very important resistance level
In the daily time frame, we see the breaking of the $50 level with strong candles
There is a possibility that the price will return to the broken resistance or FVG or Breaker Block
Please give your comments to improve my ideas
Thank you
LINKUSDT DAILY : WHERE IS THE FLIPHi Guys Hope you well,
As you can see, the link was able to make a good move and the price of almost 35% growth in the daily time, according to the conditions of Bitcoin, it can be expected to experience a weak decline and then reach the supply areas in the daily time form. Two zones have been specified for the return of the price, which should be checked when arriving according to the conditions of Bitcoin.
SecondChanceCrypto
⏰2/JULY/23
⛔️DYOR
Always do your research .
If you have any questions, you can write them in the comments below.and I will answer them.
And please don't forget to support this idea with your likes and comments.
FTMUSDT H1:Long setup for tradeHI Guys ,Hope you well.
I explain you a Long setup in chart but please trade with confirmation in lower time frame .
SecondChanceCrypto
⏰27/JUNE/23
⛔️DYOR
Always do your research .
If you have any questions, you can write them in the comments below.and I will answer them.
And please don't forget to support this idea with your likes and comments.
BITCOIN CME CHART: which GAP can hitHi Guys, Hope you well,
This is CME chart for bitcoin , Usually price fill the gap in exchange that create in CME market.
now we have two nearest Gap First of one in 35000 zone and another one in 20000.
SecondChanceCrypto
⏰27/JUNE/23
⛔️DYOR
Always do your research .
If you have any questions, you can write them in the comments below.and I will answer them.
And please don't forget to support this idea with your likes and comments.
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
Always do your research .
If you have any questions, you can write them in the comments below.and I will answer them.
And please don't forget to support this idea with your likes and comments.
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.
If you liked this idea or if you have your own opinion about it, write in the comments.
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.