COMPUSDT trade ideas
Long for comp?Comp on a channel breakout currently moving a little sideways, can possibly pump from here.
#comp #btc $comp #compusdt
COMP/USDT - Long term setup - 200%+Hello, Traders!
When the Index (Bitcoin) rises, most altcoins either lag behind in growth or on the contrary begin to lose value.
This can be used to get discounts on fundamentally strong assets with a clear team and a strong market maker.
At the moment, the price of the asset has gone under the MA100 and MA200 on the daily timeframe, which shows signs of weakness.
In the long term, we can seek purchases on a correction:
30% of the position may be gained in the range of $267 - $339
70% of the position may be gained in the range of $185 - $245.
The range for an exit by stop-loss is $85 - $125
Price levels would be buy targets
$492
$608
$691
$786
$852
Risk/profit ratio 1/5 ✅
Good luck and watch out for the market!
P.S. This is an educational analysis that shall not be cosnidered a financial advice
COMP/USDT BUY SIGNALFinally we see a strong bullish tendency across the cryptocurrency market. COMP could be one of the first strong gainers in the coming weeks.
COMP Price in Head and Shoulders.Comp cryptocurrency price at the neckline of the head and shoulder
compound cryptocurrency price looks really good and it can move higher if close above the neckline of the head and shoulders.
COMP inside parallel channels#COMPUSDT
I like parallel channels 😄
$COMP will go down in short term to touch the middle line of descending parallel channel that is the same as lower line of ascending parallel channel.
after that start a new rally to $600
COMP/USDT breakout attempt Hello traders
I'll start with the weekly time frame :
you can see price get bounce from weekly support and rich higher price target and now start to retracement but we need to zoom in to achieve more information .
so let's dive into the daily timeframe :
in the daily we can see price create a beautiful flag or something looks like falling wedge and clearly breakout from the descending resistance line but as you can see in the picture below still we haven't seen any huge volume to count this as break out :
in the 4h time frame we can see price break the descending resistance line and now retest it as support and also testing 21ema but for opening long position we must to wait for price to break above 4h structure and close at least one 4h candle above it.
I hope you enjoyed this analysis.
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COMP$ in a flagCOMP$ either breaks the flag and we see a pump to $400-$500 range.. If it fails to break, we see a downtrend to $300 -$310 range...
COMP/USDT: Vshape ConfirmationAwaiting a backtest to .702-.618 pocket, lucky if we see it hence the secondary entry with more relaxed stop (for the fomo in you).
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COMPUSDT(CRYPTO)Price Action Analysis and Trade IdeasHello,
In this video I talked about higher time frame price action analysis, order blocks, support resistance, steps of action, 4 different trade ideas, and risk managment.
I used the weekly timeframe to identify my support and resistance, followed by the daily time frame to identify any bearish order blocks.
Hope you enjoyed the video, if you have any questions feel free to ask.
If you like these videos, leave a thumbs up.
If you want to challange my analysis, please do so I want to hear the counter arguments.
Check out my previous video on BLZ for further explanation and rambling.
Cheers,
COMPUSDT - EW analysis - C of ABC zigzag up compusdt - It seems like the 1st of c wave finished and 2nd sub wave correcting it before it moves higher in 3rd of C wave in ABC zigzag up move. The invalidation level is 358.48. After a correction of 2nd sub wave, it starts moving higher with more pace to prove the count.
COMPUSDT - Long - Potential 35.85%COMPUSDT - Long - Potential 35.85%
Exchanges: Binance, Bittrex, Huobi.pro, KuCoin
Signal Type: Regular (Long)
Entry Zone:
388.19 - 426.79
Take-Profit Targets:
1) 448.17
2) 528.56
3) 579.58
Stop Targets:
1) 325.35
Entry Triggers- Golden cross as 10MA crosses 200!
COMPUSDT - EW analysis - B wave correction of ABC zigzag COMPUSDT - It is in ABC zigzag correction, where B wave is also unfolding as abc zigzag down and expected to end between 365-325 zone before it start the C wave up.
COMPUSDTHello guys,
I see rejection from 592 resistance and 6H candle has closed below 470 support , so time to short
thanks for your support
