COMPUSDT Elliott Waves Analysis (Investment Idea)Hello friends.
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Everything on the chart.
Main(investment) target zone: 850 - 1000$
Targets: 200 - 400 - 900
Cancellation of setup - consolidation under ~25
RR: 1 to ~30
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
COMPUST trade ideas
📈🚀 Comp/USDT 200% Bullish Move Incoming! 📈🚀
📅 Weekly Time Frame Analysis:
The market structure of Comp/USDT has recently transformed into a bullish trend, indicating exciting opportunities ahead. In the coming days, we may witness a potentially remarkable bullish move of up to 200%! 🌟💪
🔍 Remember: Conduct Your Research!
Please note that this information is not financial advice. It is essential to conduct thorough research and analysis before making any investment decisions. ❗🔎
Trade wisely and stay informed! Good luck! 🤞💰
COMP UPDATE (4H TF)It seems that from where I entered "Start" we are inside an ABC, which is a diametric B wave and it is over. And now we are in wave C.
If the price reaches the supply range, we will look for sell/short positions in this range
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
COMP: Resistance BreakoutTrade setup : Bullish break out from Symmetrical Triangle pattern, above 200-day moving average, signaled resumption in Uptrend. Bullish break above $60 signals continuation of uptrend, with upside potential to $80 near-term. Stop Loss (SL) at $54. Watch our recent Trading Video explaining a recent trade setup, including Take Profit and Stop Loss levels, and calculating a Risk-Reward Ratio.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $47 (previous resistance), then $36. The nearest Resistance Zone is $60, then $80.
COMP USDT LONG SWING | COMPUSDT | LONG @ 58 - 60 | TP @ 60.5, 61, 61.5, 62, 62.5 | SL @ 54 | PATTERN = DESCENDING TRIANGLE BREAKOUT | BINANCE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:COMPUSDT BINANCE:COMPUSDT.P COINBASE:COMPUSD GEMINI:COMPUSD BYBIT:COMPUSDT.P KUCOIN:COMPUSDT MEXC:COMPUSDT COINEX:COMPUSDT
🚨 Trade Alert: COMP/USDT (3-5x)🚨 New Trade Alert 🚨
✅ COMP/USDT (3-5x)
📈 LONG Entry Zone: 56 - 62.22
⛔️ SL: 53
🔒 Breakeven Move: When it moves close to TP2
🎯 Take Profit:
Short Term: 62.9 - 63.7 - 64.9 - 66 - 68
Mid Term: 72 - 76 - 80 - 90 - 103
📝 Ensure you set entry orders to balance the trade's entry and aim to secure 30% of profits within the first two targets. Once profits are gained, adjust the stop orders to match the entry points or break-even levels.
⚠️ Disclaimer: Historical earnings cannot assure future outcomes. Is there a potential for risk? Certainly. The entire financial market is susceptible to uncertainties; any underlying factor or abrupt shift in market sentiment could overturn the current market trends and lead to losses. Refrain from undertaking undue risks that might jeopardize your financial stability. You are under no obligation to engage in this trade; kindly avoid the trade if you disagree with the trade analysis.
GIS TRADING®
COMPUSDT Elliot Wave Completion and Anticipated 50% UpsurgeOn a daily timeframe, COMPUSDT has exhibited a discernible higher high and higher low pattern, signaling a notable trend structure. Following the completion of wave 3, quite an evident ABC corrective move unfolded, halting precisely at the double Fibonacci support level near $47. This critical support area has proven effective in arresting the downward movement.
As long as this pivotal support remains intact, our analysis anticipates a relatively swift upside movement of approximately 50%. This projected move would complete the 5-wave upward sequence, potentially marking the culmination of this bullish phase before a potential stronger downside pullback.
COMP LOOKS BULLISH (1D)By examining the COMP chart, we can see that this symbol has completed a major double correction. What appears to be the second part of this double correction is a large triangle that is coming to an end By maintaining the green area, it can continue to climb. I have specified 2 targets for this symbol.
COMPUSDT Elliott Waves AnalysisHello 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 and lower
Targets: 60 - 63 - 66
after first target reached move ur stop to breakeven
Stop: ~45 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3
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
COMP/USDT | 1d 👀1. Once NYSE:COMP chooses to break out of this range, the potential for an explosive move is high.
2. Considering the coin is currently 95% down from its all-time high, it presents a favorable opportunity for medium-to-long-term buying in my opinion.
3. Accumulation ranges of this nature often culminate in powerful movements; in this instance, an explosive upside move is anticipated in my opinion.
✅ Stay updated on market news and developments that may influence the price of Compound. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Compound #Trading #COMP
COMP/USDT - Compound: Trend Reversal◳◱ On the $COMP/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 59.61 | 63.45 | 72.81 and support near 50.25 | 44.73 | 35.37. Entering trades at 53.01 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Compound
▣ Rank: 149
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Financial - Lending
▣ Overview: Compound is a lending platform built on Ethereum that enables users to permissionlessly borrow or lend from a pool of assets. Rather than interest rates being set by individuals, they are determined algorithmically based on the proportion of assets lent out.
◰◲ Technical Metrics :
▣ Mrkt Price: 53.01 ₮
▣ 24HVol: 17,942,825.619 ₮
▣ 24H Chng: 4.866%
▣ 7-Days Chng: -5.82%
▣ 1-Month Chng: -9.62%
▣ 3-Months Chng: 30.85%
◲◰ Pivot Points - Levels :
◥ Resistance: 59.61 | 63.45 | 72.81
◢ Support: 50.25 | 44.73 | 35.37
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.10
▣ Last 90D: 1.52
▣ Last 1-Y: 0.66
▣ Last 3-Y: 0.26
◲◰ Volatility :
▣ Last 30D: 0.78
▣ Last 90D: 0.73
▣ Last 1-Y: 0.99
▣ Last 3-Y: 1.20
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.57 - Bullish
▣ Reddit sentiment score is 0.84 - V. Bullish
▣ In-depth COMPUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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