COMP/USDT | Ready for Massive Breakout..!!
#COMP Descending Channel formation in the Daily timeframe..
Seems like Bottomed out & Ready for Breakout so Keep it under the Radar.
In Case of Upside Breakout, Expecting 3-4x Bullish Rally in the Midterm..
Bulls Need to Clear the 37$ Resistance to Confirm the Channel Breakout.
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COMPUSDT
Short-Term buy limits ready for COMPUSDI've been following the price for a while now and I think we might have a good chance for this pair to starting to rise again. Volume is steadily growing and the overall structure is giving a really nice bullish image worth considering and taking advantage of. Let's see how this develops.
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!
Compound (COMP) formed bullish Gartley | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Compound (COMP) token with US Dollar pair.
On a 4-hr time frame, COMP has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
COMPUSDT HELLO GUYS THIS MY IDEA 💡ABOUT COMPUSDT is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the sellers from this area will be defend this SHORT position..
and when the price come back to this area, strong sellers will be push down the market again..
DOWNTREND + SUPPORT from the past + Strong volume area is my mainly reason for this short trade..
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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.
Trading Signal For COMPUSDT COMPTrading Setup:
A Trading Signal is seen in the COMPUSDT COMP.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 45.78
⭕️SL @ 43.06
🔵TP1 @ 53.27
🔵TP2 @ 59.10
🔵TP3 @ 70.87
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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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
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✅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 | Seems like Ready to FLY..!!
#COMP Descending Channel Formation in Higher timeframe Chart..!!
Major Trendline Resistance getting Weaker & Buying Volume Coming in, Expecting Breakout.
In Case of Upside Breakout, Expecting 2-3x Bullish Rally in the Midterm..
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#COMPUSDT 1DAY Chart Trade setup: Trading in a Sideways Channel ($50-$70). Swing trader: can trade the channel (Enter near $50 support and Exit near $70 resistance).. (set a price alert). On August 30, Compound released version 3, which is a major upgrade to its lending DeFi protocol.
Trend: Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45).
OBV (On Balance Volume): is declining, indicating that volume on Up days is lower than volume on Down days. Hence, demand (buyers) is below supply (sellers).
Support and Resistance: Nearest Support Zone is $50, then $30. The nearest Resistance Zone is $70, then $100.