COMPUST trade ideas
Alikze »» COMP | Ascending channel - 1W🔍 Technical analysis: Ascending channel - 1W
- It is moving in an upward channel in the weekly time frame.
- According to the correction of the previous wave as 0.38 Fibo, demand is encountered in the area of the bottom of the ascending channel and an ascending candlestick is observed in the area of the bottom of the channel.
- Currently, in the weekly time frame with the buying pressure candle, the dynamic trigger is broken and it can continue its growth with demand in the range of the green box of the next wave at least up to the ceiling of the growth channel.
💎In addition, in case of failure of the first channel, the upward wave can continue to grow up to the specified supply area.
⚠️ Note: If the candle closes below the Fibo 38 range, there will be more possibility of correction and the continuation of the bullish scenario will be invalidated and should be checked and updated again.⚠️
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BINANCE:COMPUSDT
Compusdt trading ideaCOMPUSDT is displaying a leading diagonal formation, with waves 1 and 2 completed and accumulation underway for a strong wave 3 rally. This is an ideal opportunity to accumulate while the coin remains undervalued. The designated accumulation area offers a strategic entry, with target levels marked on the chart to guide positioning.
Share your thoughts on this setup!
Trade Alert: COMPUSDT Sell SignalAttention traders! We have a new trade setup for the COMPUSDT pair. Here are the details:
Direction: Sell
Enter Price: 48.93
Take Profit: 47
Stop Loss: 50.3
This trade signal is generated using the EASY Quantum Ai strategy, which leverages advanced analytics and market sentiment to provide optimal entry and exit points.
Justification for the Sell Signal:
1. Technical Analysis: Recent price patterns indicate a downward trend with increasing bearish momentum. Candlestick patterns confirming sell signals have emerged, suggesting further downside potential.
2. Resistance Levels: Near-term resistance has been identified around the 50.00 level, with multiple rejections indicating strong selling pressure that may prevent upward movement.
3. Volume Analysis: Decreased buying interest and an increase in selling volume suggest an impending price decline.
4. Market Sentiment: Sentiment indicators show a decline in bullish confidence, aligning with the negative outlook.
Please manage your risk accordingly and monitor the trade as market conditions evolve. Ensure to follow your risk management practices when executing the trade. Happy trading!
Trade Signal for COMPUSDT: SellStrategy: EASY Quantum Ai
Hello Traders,
We have a new trading signal for the COMPUSDT pair. Based on our analysis using the EASY Quantum Ai strategy, we recommend a Sell position with the following parameters:
Enter Price: 48.93
Take Profit: 47.00
Stop Loss: 50.30
Analysis & Justification:
Our decision to suggest a Sell position stems from multiple analytical factors identified by the EASY Quantum Ai strategy:
1. Technical Indicators : The recent analysis shows a divergence in momentum indicators, highlighting a potential downtrend. The Relative Strength Index (RSI) has shown bearish trends confirming selling pressure.
2. Market Sentiment : There is a noticeable surge in sell orders across major exchanges, indicating a decline in investor confidence for the COMP token against USDT.
3. Support and Resistance Levels : The price of 48.93 is a strategic point below the resistance level, making it an optimal entry for potential downward movement.
4. Volume Analysis : Recent volume spikes have signaled distribution phase movements, often leading to price drops.
Traders are advised to manage their positions according to their risk tolerance and always use Stop Loss to minimize potential losses. Stay alert to market conditions and any sudden price changes.
Good luck and trade wisely!
COMP going up 7-20%, pump detected with 99%+ hit rateHi Traders,
If this is the first time you read about my pump signals, I will provide more details at the bottom so you know what this is based on. Now to the signal itself.
The COMP signal is from this morning. There are 2 targets.
In addition to the signal, we can apply some technical analysis to see what's going on with this asset:
ORI indicator is showing a break out into bullish area
ORI black trend signal line has crossed over the green fast MA and is above the slow MA.
ORI is moving in a channel with space to the upper side
Once price breaks the trendline, I expect the pump to continue
Greep pips to you 🤑
-------------------
What are pump signals:
The algo detects unusual volume activity and buying pressure across multiple time periods. Here are some details analysis of these signals.
Average Gain to Target 1: 17.7%
Average Time to Target 1: 8 days
Median Time to Clear Target 1: 6 days
80th Percentile Time to Clear Target 1: 16 days
Win Rate Target 1: 94.9%
Win Rate of Either Target: 95.3%
Total Signals: 8515
First Signal At: September 2022
How to trade them:
You can apply some TA to time your entry. As you can see from the pump stats, they take a few days to weeks to hit. We get the 95% average hit rate across all signals within 30 days so there can be a large time window. I suggest splitting alt-coin capital into 20 parts and spreading them across multiple signals. The exit should be time-based and clearing of most signals. In the worst case, when traded this way, I see statistically 18% average gain per month. The capital doubles roughly every five months.
Final note:
It takes time for me to post these so I will be posting them on TV rarely when I have the time and often with a delay.
As always, please trade at your own risk. This is all meant to be educational.
Short position on COMPUSDT / Follow for updatesBINANCE:COMPUSDT
COINBASE:COMPUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
On the Chart
SL:
On the Chart
The Alternate scenario:
If the price stabilizes above the trigger zone, the setup will be cancelled.
COMPUSDT.1DThis chart shows the daily price movements of COMP/USDT (Compound paired with US Dollar Tether) over several months into early 2025. Here's my technical analysis:
Trend Analysis
The price of COMP has been in a broad downtrend as indicated by the descending trendline, R1, which highlights the resistance levels. Since reaching a high in March, the price has consistently made lower highs and lower lows—a classic bearish trend.
Support and Resistance Levels
R1: The descending red line, currently around the $60 mark, has been a significant barrier. The price has tested this line multiple times without a successful breach, affirming its role as a key resistance level.
S1 ($41.48): This horizontal line acts as the immediate support where the price has found some stability in recent trading days. If this level holds, it might provide a base for COMP to potentially rally or at least stabilize.
S2 ($34.10) and S3 ($33.84): These are lower support levels that could come into play if S1 is breached. Given the proximity of S2 and S3, this area could be seen as a strong demand zone where significant buying might emerge.
Current Market Position
The price is currently trading around $48.99, just above S1. This suggests some immediate support, but given the downtrend, there's potential risk of further declines if S1 doesn't hold.
Trading Strategy
Considering the market's bearish bias, my approach would be cautious. If holding COMP, I would look for any sign of strength above S1 and potentially consider reducing exposure on any rally towards R1. If the price breaks below S1, I would watch for reactions at S2 and S3 for potential buying opportunities, as these levels might offer substantial support.
Conclusion
In conclusion, COMP exhibits bearish momentum with immediate support at S1. The strategy should be defensive, focusing on risk management. Any positions taken around support levels should have tight stop losses to guard against a breakdown below these points. As always, it's essential to adapt quickly to new information and market conditions that could affect this outlook.
Is COMPUSDT Heading for a Breakout and make massive move?Yello, Paradisers! Could #COMP be setting up for a massive move? Let’s dive in.
💎#COMPUSDT is showing signs of a significant rebound from a strong support level, with the current price facing resistance at $45. However, a retest of the support at $40.23 could be on the horizon as COMP builds momentum for another breakout attempt.
💎For the bullish trend to continue, it’s crucial that COMP breaks through the $45 resistance level, which would then open the path to our first target in the Bearish Order Block (OB) area of $51-$54. A successful break above this zone could trigger a significant upward move, making it easier to hit our final target in the strong resistance area.
💎On the flip side, the bearish scenario could play out if COMP fails to bounce from the $40.23 support and breaks down further. In this case, the price is likely to retest the strong support area below. Historically, COMP has shown the ability to rebound significantly from such strong support levels, often resuming its upward trajectory.
💎However, the bullish outlook would be invalidated if the daily candle closes below this strong support area. If this occurs, it would confirm a downward continuation, potentially leading to a deeper dip.
Discipline and patience will be key in navigating this market.
MyCryptoParadise
iFeel the success🌴
COMP ANALYSIS (1D)From where we put the green arrow on the chart, it looks like a triangle is forming.
We now seem to be in the microwaves of the large D wave.
It can be rejected from the supply range to the green box.
The targets are marked on the picture.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
COMPUSD - Breaking away from the pack?COMPUSD has made a bullish move from consolidation and has a lot of blue sky above it before it hits resistance.
The alternative coins can often lead the major ones, but need to have strong fundamentals discerning them from the other coins if they move the other way as a group.
Watch volume to confirm commitment to the move.
COMP Long after deviation BINANCE:COMPUSDT
Would be good to see deviation on Comp chart before spring rally
Possible Targets and explanation idea
➡️We trade in a range since collapse in June. Leave liquidity under 26$
➡️ Possible move over 40$ than down
➡️ Would be good to see final drop under buy line "Take profit" indicator and grab all liquidity in January
➡️ Than climbing up out of range to test middle term Fib 0.5 lvl by end of spring. Than retest support block
➡️Its more middle term targets for COMP for this February - April 2023
➡️Only in 2024 we can see full rally on this coin.
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.
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COMP (Compound): Channel Down BreakoutTrade setup : Price remains in a downtrend, however, price had a bullish breakout from Channel Down pattern and above $50 resistance, which would signal bullish trend reversal with +20% upside potential to $60 next. Stop Loss at $46. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend.
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) - initiate a trade when the price breaks through the channel's trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Up, Medium-term trend is Neutral and Long-term trend is Strong Down.
Momentum is Bullish (MACD Line crossed above MACD Signal Line) ABOVE days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $50.00, then $45.00. Nearest Resistance Zone is $60.00, then $68.00.
#COMP/USDT#COMP
The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside.
We have a bounce from a major support area in green at 42.00
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward.
Entry price is 48.50
The first target is 56.52
The second goal is 62.00
The third goal is 67.90
Is COMPUSDT Primed for a 50% Rally or a Bearish Plunge? Yello! Are you keeping an eye on #COMPUSDT’s latest breakout? Let's break it down and see what’s next!
💎#COMPUSDT has recently broken out of a falling wedge, a bullish signal supported by the 50EMA and increasing trading volume. The asset is currently retesting this breakout.
💎The upper trendline of the wedge is now acting as support for $COMP. If this retest is successful, the probability of a 40-50% bullish rally is very high.
💎However, what if the retest isn’t successful? There is a major support level at $44-$47. This zone is packed with liquidity and has historically pushed the price upward. If #COMP retests this area, it could provide a strong rebound.
💎If the $44-$47 zone fails, the next key level is $40.62. This support needs to hold to maintain the bullish outlook.
💎If #COMPUSDT continues to fall below these levels, the bullish scenario will be invalidated, leading to a deeper bearish trend.
Always be prepared for all market outcomes and maintain disciplined trading strategies.
MyCryptoParadise
iFeel the success🌴