gann cycle of comp-usdt11D time cycle with 45 degree fixed gann.
scale ratio is 19.135
let the new cycle begin!
COMPBULLUSD trade ideas
COMPUSD Next Potential move!Medium to short term #compusd View. The next wave is about to start, I am seeing currently is fully based on the structure and wave analysis, I might be wrong it is my point of view on what could be the next move trade with care and this is not a signal Thankyou.
COMP to $360 Soon. After the long wait, it is almost time. COMP first target will be $360.
A bit more patience is required. Do not try to time the bottem. Take positions, relax and take profit and first target and let the rest ride along. After $360 it has still more upside potential.
All eyes on BTC for now, but the second wave will favor ALTS more than BTC in terms of percentages.
Good luck all.
LONG COMP @ 128-129 Compound is a protocol on the Ethereum blockchain that establishes money markets. Money markets are pools of assets with algorithmically derived interest rates. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate. Compound is now available on DeFi Swap. Users can swap Compound, be Compound Liquidity Providers to earn fees and boost their yield when staking.
what a deal DeFi is if you pick the rite spreadDeFi is the last liquidity hold out as the water recedes the defi pools or puddles remain. it makes you wonder where this market would be without the decentralized Liquidity Lakes _shinning becons of money added by you and me in = trading pairs to form people powered DEX's like UNIswap or the bast@rd cuz SUSHIswap dont forget synthetics or extra deep liquidity like SNX or deep market cap gem LINA and now we have cheep swap n mint NFTs_ little guy empowering "layer 2 dex's like LoopRing LRC ZKS and Uniswap's Version 3 or V3 with optimisim.io leading the tech behind the scenes.
If i had to pick 5 to 10 ALTS not counting realavant blockchains snagging liquidity and brainpower (programmers) _(( ETH BSC ADA DOT ALGO NEAR FANTOM SOL MATIC AVAX even centralized exchanges/DEX's CRO CHSB VGX FTX token etc)
think utility coolness fun or swapping then money on and off and just as, if not more importantly_ money etc moving cross chain
YFI CRV COMP AAVE LEND MKR SAND ENJ MANA SUSHI UNI SNX l2_dex's COSMOS
ZKS UNI LRC
always miss projects and new ones out everyday...
COMPLooking at the 4 hr chart the price will continue to fall overall. Buy point around 116.00 my sell around 148.00
Hope this helps someone
COMP Bullish On RobinhoodFew days ago four coins was drop on Robinhood. World is continuing to accept cryptocurrency. Possible long turn hold heading back to ATH. We may see resistants in the middle of this up trend would say about 2023 we may see ATH.
Follow me for free analysis.
$COMP Bearish Shark ReturnCOMP still has some work to do here but its starting to diverge on both the RSI and the MACD. Bullishly engulfing here as well with a possible partial decline. This is the 3D but i do like this time frame for reducing a little bit of the noise from the daily, and a little faster than the weekly. You really want to see COMP back above 180, which would open the door to about 100% upside to the next major resistance.
The 1.13 rejection on AC could imply we are going to see an .886 return to complete the Bearish shark here, but even a reasonable retrace to the 50% is about 3X from here.
COMPs also been added to Robinhood and its safe to say that will lead to a lot more volume and eventually some significantly higher prices.
COMPUSD forming a long-term market bottomCompound (COMPUSD) has been trading within a Falling Wedge since the May 12 2021 High. Since February however, it has been trading within a Channel Up, which is the market attempt to form a bottom.
In order for this to be confirmed as a bottom though, the price needs to break above the 1D MA200 (orange trend-line). If it does, it will be the first time to do so since September 07 2021. In the meantime, the 1D MA50 has been supporting since March 27.
Another bullish structure pointing to a break-out is the fact that the 1D RSI has been on Higher Lows since January 22.
A safe trade would be to buy once the 1D MA200 breaks. The higher Fibonacci levels can be used as rough targets: 0.618 at 380.00 and 0.786 at 535.00
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Rising wedge on COMPrising wedge with bearish divergence on both RSI and MACD let see where this takes us
Comp Testing a Break-Hook-Go off Neckline Looking for MadnessThis is a bit of a late an dangerous entry but Comp has been so strong lately and is at a lvl where one could strategize an entry with a stop loss though not the best by any means i do still think there's a decent chance of it playing out so i think it's worth pointing out.
COMP SwingApprox 32% gain from current PA to 1.618 Fibonacci.
Target Price Limit Sell: 188-211 USD
Suggested Take Profit: 1.272 Fibonacci (168 USD)
Invalidation Zone: Under 129 USD
Please allow 2-14 days for Swing
Not financial advice, DYOR
Similar to Dogecoin, CompUSD looks ready to break!Traders,
This one looks similar to my DogeCoin post a few days ago (see link to related ideas below):
Inverse H&S pattern - looks to be playing out
Clear target at area of confluence
Similar pattern as many other altcoins ...tackling a major MA
So, here's the way I'd play this (also, similar to the recent dogecoin post):
#1 - Zoom in to the 4 hr chart.
#2 - Now, pending your risk tolerance here's how I would play this:
------ Balls of Steel Risk Tolerance - wait for confirmation above the 50 day MA. Once I see a candle close above the 50 day, that's my sign. I enter.
------ "Meh" Risk Tolerance - wait for confirmation above the neckline at $125. Once I see a candle close above that neckline, I'm golden.
------ "I'm so scared" Risk Tolerance - for you chickens that wouldn't cross a sidewalk crack without looking both ways - wait for both closing candle above $125 and another candle to open and close above $125 on the 4 hr, then enter if you dare.
Targets:
You first target shall be $152. If you still have your grips on that diamond, then go $170.
Best to you all!
Beer money appreciated.
-Stew
Comp weekly butterfly pattern off all time lows bullish butterfly on comp just above all time lows with a bat pattern in the rsi ,first positive momentum on weekly macd , above the most critical level etc
below these lows no data exists this is one of the best looking charts and no brainer trades ive ever seen if not the best in terms of probability of success and reward to risk.
cant wait to press the watch button on this trade in a few weeks time
insane reward to risk ratio with take profits along the way
Video: COMPUSD Looks Very Similar to Doge. Here's what to watch
In this video I'll show you what I've spotted on the COMPUSD chart and what I would be watching/waiting for before I took an entry.
βοΈ π Useful Links π βοΈ
Link to Static Posts:
Dogecoin - www.tradingview.com
CompUSD - www.tradingview.com
COMP/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
The start of this count is around the $84 area ( wave 1) and we've reached the bottom of $99 or so (wave 2), I highly doubt we will go anylower than $99 but if we do, this chart is still valid as long as we're above $85.
Wave 1 - $900
Wave 2 - $99?
Wave 3 - 1500??
Wave 4 - 750??
Wave 5 - 2222??
Will update as price targets reach or chart becomes invalid.
COMPUSDLONG-TERM: Weekly classic bullish divergence , double bottom , falling wedge breakout, PCZ of bullish butterfly . (not financial advice)
tailoring position sizes for looser stops is important*
Compound Long - triangle breakout setupAs we can see COMP has been in a bear market since mid may 2021. Having reached a support zone always respecting the major weekly trendline we could se a pump and consequent break of the triangule structure. RSI and MFI at low levels showing possible reversal of the bearish pressure. Yellow zone marked on the graph is a possible Fib retracement zone
The project itself is base on De-Fi lending protocols and has a relatively great lending and repayment volume, that a plus for this trade. Also considering the imminent pump on BTC every alt coin tends to pump afterwards so this could be a great zone to enter in.
I will DCA between 112-91 and take profits at 227-253
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Comp Long Swing | COMPUSDT | LONG @ 143 - 147 | TP @ 148, 150, 152, 154, 156 | SL @ 130 | PATTERN = BULLISH MACD CROSSOVER | COINBASE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved.
COMPUSD (4H) Bullish reversalHi Traders
COMPUSD (4H Timeframe)
Waiting for the upward break of 137 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 112 would cancel the bullish scenario.
Trade details
Entry: 137
Stop loss: 112
Take profit 1: 150
Take profit 2: 174
Score: 5
Strategy: Bullish reversal
Compound 1/10 of the ATH!butterfly harmonic pattern:
X=$1763
AB=0.78 XA
BC=0.88 AB=$107
0.78 BC=$548
0.88 BC=$696
0.88 XA=$1241
1.13 XA=$2630
1.6 BC=$3952
1.27 XA=$4070
1.41 XA=$6223
2 BC=$9785
1.6 XA=$11800
2.24 BC=$17293
Double Bottom on Strong Support Compound looks like it could double bottom on a strong historic support of $180.
-Volume spike on the way down to retest $180.
-Bullish divergence on the 1D time frame.
-Starting to make a higher high on the 4H time frame.
I always liked good crypto projects. But with the correct pricing. Not like inflated by scam USDT pricing.
So this penetration made me anxiously wait to rebuy around 80 USD. Patience makes the greatest fortune. Remember tat and cheers.
Invest responsibly with your own effing money.
