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!
COMPUST trade ideas
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 is creating a double bottomThe price is testing the demand zone on the daily timeframe where the market is creating a double bottom.
How to approach it?
IF the price is going to grab new liquidity, we could see a pullback untile 0.5, 0.618 Fibonacci level, so According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
A breakthrough is already underway. Time to open a sell positionThe price after a strong fall went for correction. For a long time it was traded in the sideways. The market is extremely negative. Volumes are reduced. Once again approached the level of 33.28 $. I expect a breakout and a movement below. The first goal is a local minimum of $ 32.66
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..
IF you like my work please like and follow Thanks
COMP Analyze::S&R in short time frame>>>>Hello EveryOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
Short term possibilities marked on the chart.
We buy only in possibility breakout and in correct to broken gray line (weak supply zone)
It's just an analyze definitely not happen .
Not a financial advise.
PLZ DYOR
With hopping success>>>>>>>>>>>
COMPUSDT | BULLISH SETUPCOMPUSDT was trading under the falling resistance on shorter time frame from last 1month.
The bulls has now broken price above the falling resistance.
The bulls need to hold the breakout zone.
One can long whole keeping SL below the support zone.
Manage your trades accordingly.
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.
COMPUSDt Pullback?the price is testing the daily dynamic support at 46$ area where the price has a key level. Th market has a big liquidity on 34$ area
How to approach it?
The price could have a pullback until 0.618 - 0.786 Fibonacci Level, so According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
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"!