Get started

COMPUSDT

COMP: Resistance Breakout!Compound (COMP) technical analysis: Trade setup : Following a bullish breakout from Falling Wedge pattern (huge volume), price also broke above $50 resistance. Price then retested that level and could resume uptrend and revisit $70. (set a price alert). Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $30. The nearest Resistance Zone is $50, which it broke, then $70.
Long
by altFINS
1
COMP CAN SHOWS ATH IN 2023 OVER $911 SINCE WHALE CYCLE INTERESTThe start of 2023 is an important year to predict price actions, and the best predictions are depending on chart data and study. COMP is known as a whale coin, which means the whales that are holding COMP have a high value that they are able to break out COMP. The price actions. The price actions of 2023 show that COMP is interesting for the coming time, out of this short-term increase, this idea is based not on the price action of now, but on the long-term view. On May 12, 2021 (2 years ago) we had an all-time high on this coin at $911.20 We can get an unexpected year in 2023 where this ATH can get broken by whales, and where COMP can go over $1000 USD To answer this question we count depending on chances. Is there a high chance that COMP will increase coming time since the cycle is active? Depending on our study the answer is yes. This is not a guarantee as it is based on price protection. Let's see what the year 2023 will bring to this coin and if it's going to the moon as this chart shows. This prediction is not based on the price action for now, and it's the year 2023 expected possibility. This is not a trading update, since this coin can go down and up in the short term, so this view is for the long term, and it means also not that it should happen, its a view from the side of data for the long term.
Long
by Goldenbreakout
1
COMPUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 55 - 75 - 95 after first target reached move ur stop to breakeven Stop: im w/o stop (depending of ur risk). ALWAYS follow ur RM . Cancellation of setup ~26$. Risk/Reward: 1 to ~6 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
4
COMP USDT Analysis Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. Today I want to talk to you about the COMP chart. At the moment price break the triangle. Then, I think COMP breaks continue to move down to my goal. My target is located at charts level. I expect this scenario. This is my opinion, I really hope it will be useful for you. Be prepared and save your money. Make big profits!
Short
by UnknownUnicorn6353257
1
Down Channel breakout on COMPHello guys ,Today i saw a Down Channel on COMP and i thought it will be a good setup. The price will hit the local support soon. open your position after you see a bullish candle.(wait,don't open your position fast !) the target is between 43 and 45.5.(it's safe to close your position). always pay attention to fundamental news.(it may ruin the position). it's just an idea , always do your research and analysis. don't forget to follow and boost this idea :) thank you.
Long
by Crypto2021_2021
COMP no positive signals but still in trendBINANCE:COMPUSDT Locally no signals to buy or sell for COMP but for middle term if you looking for next few month COMP can pump over 100% ✅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. Possible Targets and explanation idea ➡️This fib still relevant since local top in April ➡️Traded under fundamental price and appeared Strong Buy signal in June by "Trade ON" indicator ➡️4 October appeared signal to Buy on Direction indicator. Strong Signal ➡️Now if market crash again buy line for Comp at 35.85 will be good enter point ➡️For local trades 71$ is good time to take profit on "take profit line" ➡️Middle term target is correction by this fib to 128$ (0.618 fib level) ➡️Globally with market supply of COMP I can expect price higher then 500 again 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. * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
2