COMP Long$COMPBTC and $COMPUSDT has had more than 10% retracement on the H4 TF, we could see a bounce and upward continuation. You could take a position in the purple box and get a 30x riding up...
COMPBTC trade ideas
Compound (COMP) Follow Up After 10-Jan.We looked at COMPBTC 2 days ago... You can see the chart below:
The previous article was on the 4H timeframe (short-term).
This one is on the daily with additional targets... Looks like COMPBTC is preparing to print a strong bullish move.
Remember, these smaller altcoins are a great place to build up your Bitcoin balance.
After the Bitcoin retrace is over, it will continue to grow.
Namaste.
COMP/BTC %15 PROFIT: W Formation and Fibonacci ExtensionW formation confirmed
Target: 0.0066+ BTC
Fibonacci extension levels that work quite well
Target (1.618 level): 0.0066 BTC
Profit potential: 15+%
COMP/BTCStill building momentum and slowly creeping up towards our 1st Fib level. Key area is to break the Macro MACD midline and resistance. Pull backs expected.
Compound (COMP) W Pattern Is Bullish, Next Target Mapped!Here we have the "W pattern" on the COMPBTC (Compound) chart.
We can see prices moving, closing, and saying above EMA10 and EMA50 with bullish indicators.
When we have this mix, we tend to see a strong bullish move take place next.
Compound is likely to move higher.
Note: The charts are always changing... Make sure to build a plan or have a well-developed strategy before you trade.
Thanks a lot for your continued support.
Namaste.
COMPBTC is ready to have a breakout 🦐$COMP.X had a nice breakout from 4h resistance after double bottom. IF the price will have a breakout from daily resistance, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
COMPBTC - Long - Potential 10.85%COMPBTC - Long - Potential 10.85%
Entry- 4843
TP1- 5049
TP2- 5369
SL- 4545
- BTC High Volatility - Caution
- RR - 1.76
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
COMPBTCCOMP/BTC is setting up for a breakout Above .0057 satoshi. For a nice profit to the next resistance.
COMPBTC - Long - Potential 15.12%COMPBTC - Long - Potential 15.12%
Entry- 4880
TP1- 5041
TP2- 5618
SL- 4521
- BTC - Volatile as ever. Manage trade.
- RR - 2.05
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
Compound (COMP) Can Shoot Up Soon! (How To Trade!)This baby boy, COMPBTC, might be getting ready for a nice and strong bullish move.
I have to say that there are no strong signals yet on this chart... I would say only "early signals" by experience, so nothing really there yet but, prices are likely to jump in the coming days (max a few weeks).
Remember, you need a strong stop-loss and a well-built plan in order to trade this or any other altcoin pair.
Jumping in blinding into any pair can result in money lost.
Is better to plan ahead of time...
What to do if prices go down?
For how long would I hold?
Where to stop my loss?
If prices start going up, where to sell and collect profits?
For how much?
What would I do if I sell and prices continue higher?
Answering some of these basic questions can help you plan ahead and keep your head cool when things start to roll.
The better prepared you are, the better the results.
Wealth & Love!
Namaste.
COMP COMPOUND GOVERNANCE - Ready for Breakout - COMPBTC COMPUSDTCOMP COMPOUND GOVERNANCE - Ready for Breakout - COMPBTC COMPUSDT
COMP looking goodPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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Compound is one of the top 100 coins which have had a tough time competing with the surge in BTC price.
So if you're looking to move some of your BTC profits into an altcoin, Compound could be a smart choice.
- In the Golden Pocket
- RSI oversold
- Volume declining
How far do you think Bitcoin could go?
COMP/BTC buy the retest
COMP recently broke out of its resistance forming a higher high.
It is now retesting the very same resistance flipped support and seems to be holding well.
Open LONG position here and sell if the 4H closes below the line.
This line also happens to be the 50% fib retracement level.
MACD also is trying to flip green indicating a confirmation of bottom.
Compound (COMP) Breaking Resistance (Targets)COMPBTC (Compound) is now moving above EMA10 and EMA21... Notice the strong volume on today's daily candle...
We have a strong RSI supporting this bullish move and a MACD bullish cross.
These signals are pointing to higher prices.
We also have bullish divergence with the MACD and RSI.
The next target is marked on the chart.
Note: Even as the chart is looking now things can change.
If there is a close below the last low at 0.005438, then we can expect additional bearish action before the next bullish wave... But the rising volume we are seeing now points to prices increasing next.
Namaste.
