Possible short entry COMPUSDT 1:6.7 RRBINANCE:COMPUSDT
Divergence on Squeeze Momentum LB and RSI, shorting for 1:6.7 RR
Entry $64.78
SL $66.28
TP $54.64
COMPUST trade ideas
COMPOUND COMP price ready for x2 growth?Today, we liked the Compusdt trading pair on global 3 days chart.
It has not been analyzed for a long time, but now I liked that the Compusd price is moving in its own way, despite the maneuvers of the BTCusdt price.
In general, Compound Protocol is in the top 10 in terms of volumes of blocked resources (TVL) in DeFi protocols
Perhaps the individual behavior of the Compound price is somehow affected by this news: "DeFi project Compound has launched a lending service for institutional investors"
Or maybe something more interesting is being prepared in the project, which we will find out after the COMP price shoots up)
Summing up: while the COMP price is above $55, there is a good chance for x2 growth to the $100 area, where there is a strong liquidity zone.
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COMPUSDT | SELL ON BREAKCOMPUSDT has been trading with in a bullish parallel channel.
The price is currently trading at lower boundary of channel.
The break below will give strength to bears.
Manage your trades accordingly,
COMP WAVES ANALYSEWe are in a large diametric. We are now in wave F of this large diametric.
This branch F itself has become a diametric diamond that looks like future fluctuations.
Comp/USDT Short📉N.B. My strategy is based on huge explosive profit or very little profit so without breakeven stop loss at the right time we will lose in very little profit so follow me if you want to know breakeven stop loss
Trading proposals post based on price action,
technical analysis, major intraday supports
and resistances, rejections, breakouts, chart
patterns and other factors.
How this analysis was done:
First I find usdt pairs using crypto screener then if all Three×3 in 1 indicators gives main entry confirmation at the same time I go with the analysis then I find Support and Resistance zones in 3x entry timeframe also using one of the three indicators for backing up my analysis and filter bad signals then I also make trendlines using two of the 3 indicators in 3x entry timeframe for filter out more bad signals then again using one of the 3in1 indicators I filter fake breakout in entry timeframe and in higher time frame and then if other minor conditions is confirmed the analysis is done.
Take profit:
Take profit is dynamic/trailing stop loss
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P.S.This idea has a potential chance of very little profit so I don't suggest to follow this idea I will find better ideas for you guys
COMPUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market
Target zone: 40-35
after first target reached move ur stop to breakeven
Stop: ~67 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 2
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
COMPUSDT | RESISTANCE ZONECOMPUSDT has approached to the falling resistance. . The price is making lower lows and lower highs. Currently it is trading at falling resistance. The horizontal resistance is also at same zone. .
The price need to break above mentioned horizontal zone. The bear will be active near the resistance zone. The bulls need to break above the falling resistance.
Trade your levels accordingly.
COMPUSDT | SUPPORT BROKENCOMPUSDT has broken below the rising support. The price is currently trading at horizontal support.
The bears are in complete control.
We are expecting a breakdown if the horizontal level is broken .
Trade your levels accordingly.
COMP: THE BREAKOUT TIMECOMP Seems interested on structure volume.
The important 80 USD level can get broken.
COMPUSDT | BULLISH CHANNEL BROKENCOMUSDT after taking support from horizontal zone started to trade in a parallel channel . The price has approached to lower boundary of channel and broken below the channel. The price may retest the broken support and 0.50 fib level too. The bearish candles formation near the resistance will confirm the rejection and price may fall to 0.382 fib level.
The bears will be in control below the break of channel.
Trade your levels accordingly.
Comp usdt pair 10% profitIf in 15 minutes timeframe Comp break the parallel channel and it create one candle below the cloud than you can open a short trade for it and take profit can be 48. Trade with your own risk. In the end of the day profit and loss both is yours.
Buy ideaCompound is likely going to go up. still, the local correction may take some more time.
Assumption is based on the clear impulse on the left side of the chart, that is not a part of a bearish corrective structure.
Shall see.
Take care
COMPUSDT | UPSIDE POTENTIAL COMPUSDT has been in a downtrend after making a top around 71 and trading under the falling resistance. Now the price has broken above the falling resistance.
We are expecting bullish trend after breakout . The price need to hold the rising support.
The bulls are in control. While bears will be active below the break of support.
Trade your levels accordingly.
$COMP so ready for a full blown reversal #comp #compusdtThe overall pattern is a massive inverse fibonacci that's had a 227 touch followed by consolidation, & now, a higher low. The price will, I suspect, now form a regular fibonacci and touch the extension marked, which lines with the last price level on the small time frame. I suspect it will retrace there slightly, then continue up further. My ultimate target (in the coming weeks) is around $240, where the MA's/price levels are on the month chart. I see the stoch rsi on the week turning up to support this theory.
compusdtcomp usdt has completed 12345 wave count and we may see abc correction .harmonic butterfly is also aligning .expecting some up movement from here on comp
NFA DYOR
Short COMPCOMP is about to hit its resistance and these are the targets for its corrective move. I have the ABC correction aligned with fib levels. I expect COMP to retrace based on other indicators I see on the higher time frames. The RSI and Momentum have been over extended for quite awhile. I don't see it breaking its resistance like that.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
COMPUSDT wants to retest the dynamic support?The price is testing the 0.5 Fibonacci level below the 4h resistance after a clear breakout from the daily resistance at 64$ area.
The market got the liquidity with a spike from the 68$
How to approach it?
IF the price is going to lose the daily support and retest the previous support as new resistance we could see a retest of the dynamic support of the ascending channel, so According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
$COMPBuy setup
1. Bullish OB mitigated
2. RSI Bullish divergence
3. Broke above the CHOCH
Entry at OB
long trade setup price is breaking major trendline support bulls break this falling resistance so we can expect rally on this coin but at ur own levels
COMPUSDT | BUY ON BREAKOUTCOMPUSDT has been in a downtrend after making a top around 71 and trading under the falling resistance. Now the price has approached to falling resistance.
We are expecting a breakout above the falling resistance. One can take buy position after breakout and price sustained above it.
The bulls need to break above the falling resistance. While bears will be active below the falling resistance.
Trade your levels accordingly.
$COMP $COMPUSDT Large Inverse Fibonacci + Wedge-breakout coming?Like with most charts, I like to zoom all the way out to the monthly to see the larger picture at play. Here, it looks to be like there is a large inverse fibonacci retracement happening, in which the price has already hit the 227 extension. Combined with this, it looks as if the price has fallen within this large wedge, of which the month of July broke out of. Also, the price is squarely resting on the all time point of control. Lastly, the stoch rsi on the month is extremely flat and crossed. It looks to me as if the price is due for a move up! I do see a tiny fibonacci on the smaller time frames (an inverse one), that could result in the price dropping further from here. It just would seem unlikely to me though, given everything else I've mentioned that the chart has going in favor of a bullish scenario. That said, BTC to me looks as if it's got a bit of dropping left, and that could possibly affect the price trying to squeeze out any last bit of dropping possible.
