compound COMPUSD what next after retesting its resitance HI, congratulations and enjoy your profits if you took trades on my previous compound analysis where I explain how it is forming a bullish divergence where it can it is almost at my point I closed my 50% position waiting for retesting if rejected i will close all my positions and will open short
here is a complete representation of what I going to do next
If you are new to my analysis the check my previous predictions and decide for yourself
COMPUST trade ideas
$COMP/USDT (Binance Futures) Falling wedge breakoutCompound is looking good for bullish continuation here after regaining 100EMA and breaking out.
Current Price= 455.95
Buy Entry = 455.63 - 442.81
Take Profit= 496.82 | 548.43 | 601.95
Stop Loss= 1039.8
Risk/Reward= 1:1.25 | 1:2.6 | 1:4
Expected Profit= +21.20% | +44.16% | +68.00%
Possible Loss= -17.02%
Fib. Retracement= 0.786| 1.117 | 1.414
Margin Leverage= 2x
Estimated Gain-time= 5 weeks
COMPUSDT🌟this alt is in sideway in higher time frames while showing signals of bullish sign in lower ones that's where we enter in such coins
🌟the chart can face the 421$ too but as we have a greater target for it and no time to check all of these opportunities we just enter here and wait for our targets to be touch
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COMP triangle breakoutCompound seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 481 and even higher.
ENTRY : local high @ 445
SL : local low @ 432
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 481
RRR : 2.7
INVALIDATION : when SL level hit
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COMP/USDT - potential 131% setupHello, Traders!
COMP has been consolidating in the active trading range of $396 - $492 for a long time
Volumetric and cluster analysis shows the presence of demand on the part of buyers.
It is possible to connect to purchases in parts in order to catch a stop on correction:
The first part in the range of $396 - $435
The second part in the range of $332-$370.
Stop loss on consolidation below $255
Buying targets would be levels:
$550
$608
$691
$786
$852
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
COMP - new rocket 🚀🚀COMP is a promising new project. Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by contributing them to one of several pools supported by the platform.
Globally, the price is near a strong support line. Locally, the price has broken the sloping trend line. If the price tests the trend line as support, it would be a good point to buy. Potential targets are marked above.
Be careful, if Bitcoin goes down, all altcoins will go down as well.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
COMPUND FINANCE (COMP) Looking Nice.Looks like we're sailing towards some price appreciation in the days to come. Blue chip DeFi projects such as Compound Finance will perform well throughout this year. Decentralized lending protocols play such a vital function in DeFi.. We're oversold on the daily Stochastic RSI and about to bullishly diverge on the MACD. I'm liking how COMPs chart is looking moving steadily sideways. May be a decent time to get in on a short term. Only 10,000,000 coins and 55% are already circulated. COMP has great potential to easily be a $1,000+ coin this cycle. Good Support at $400!
Peace, love, health, and wealth be with you.
COMPUSDT Technical Analysis
⏳ Spot
💎 COMPUSDT Has broken above the triangle. It may go down for a Pullback before it continues to go up.
🏁 Medium & Long Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 412.0
☕️ TP1 470.0
🍺 TP2 525.0
🍻 TP3 600.0
🍾 TP4 _____
🍷 TP5 _____
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 378.0
Good Luck 🎲
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COMPOUND stuck in this zone ? will it break itHi, As you know compound has so much potential but with the uncertainty in the market, in the recent bullish scenario those who bought at high have sold it so the volume of compound decreases at a rapid pace
No compound is consolidating in this for a while there is strong support in this area around 390-400
as we now seeing the volume coming in it will restest the previous support after that we will think to take entries at 400 then will hold it till 550-600. we are eying at that level
COMP/USDTBINANCE:COMPUSDT
The price is on the support line and the level of 1.272 in terms of
The support range can be very strong and cause failure in this area
The fall will be heavy and whether or not you want to take a heavy risk
First wait for the red range to break upwards
Change the green color and if the green range fails
Sign in or increase with reinvestment management
COMPUsdt good Rest now time moveTHIS ANALYSE FOR FRINDS ASK ME :
Comp hada potential for move up little slow but can do it
and start going up
supports:
453.20 Entry Point
420.11 Entry Point
391.95
363.44
You can see Resistance area on chart this hard for break but after break can going for tops
ResistancEs:
509.63
530.98
Targets :
573.12
677.22
837.89
TARGETS FOR hodl:
1098.23
1264.69
1548.81
GL