Get started

COMP / UST

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

COMPUST trade ideas

Thoughts on LPTUSDT and why im bearishOften times in crypto if you can find a fractal or structure repeating it can give you a hint into what is coming next for a different coin showing signs of the same pattern repeating. I dont have an official trade on this one i just think its something i find useful to trade with and thus i am sharing with you what i see If you look at the comp/usdt pair you can see the INSANE amount of volume created on the 20D candle it is also more clear on the 40D timeframe you can see a this was a buyer capitulation and this is very useful information because Price will ALWAYS move the direction of least resistance! Therefore, a LARGE green candle with abnormally large amounts of volume is a good sign that the asset is overbought and will sell off and bearish engulf. The same can be said about a LARGE red candle with abnormally large amounts of sellers. This is known as buyer/seller capitulation and signals tops and bottoms of coins. Using this information is helpful on ALL timeframes but the higher the timeframe the more likely a reversal is. Using this information and looking at COMP/usdt we can see that comp opened up the 20D candle after the buyer capitulation and wicked up and took liquidity and flipped red and has since sold off for about 40% decrease in value. Looking at LPT/USDT we have a similar situation with a buyer capitulation and the 20D candle has flipped green here to most likely make a wick and revert back down to 4-5$ This doesn't necessarily give us an entry or an exit to a trade but using this information you can keep a close eye on price action and knowing the overall trend helps alot. With how similar these two look i would either wait for LPT to flip red on the 20D candle OR short from 8.25-9.2 The buyer capitulation tells us that the 9.2 area is a heavily sold area and a critical resistance for bulls to flip if it were to see any more upside Not only can you use this information to take a potential short trade setup on the coin but IF LPT were to get ABOVE the 9.2 resistance and close on a higher time frame (Preferably the daily candle) then you could actually enter a long trade with a stop a little under 9$ and find targets above. For me personally, I have found that using Volume is the most effective strategy when determining a trend and for me it has given the best results but obviously the more things you can find for confluence the better. Hope this is helpful to someone and dont be afraid to comment/dm me if you have more questions :) -TraderMDJ
Short
by Trader_MDJ
1
Comp Buy Trade. Here is My Study On Comp. Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions about your investments. Follow me for the latest updates and join the conversation in the comments! Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and information dissemination. Use with caution. This Is Not A Finacial Advise
Long
by MoonTradingForecast
COMP Possible Playout ChartThe movement of Compound presents an interesting scenario, as there are indications of a potential bounce and a move towards its resistance area at $46.25. Currently, Comp is being traded at $42.72. If the target increase from its current price is achieved, it could potentially result in a profit of 8.36% for this week. Additionally, Compound is actively expanding its presence on the BASE blockchain, which is owned by Coinbase. In the month of August, the development and integration of Compound into the BASE network have offered an appealing initial APY. However, it's worth noting that Compound has undergone a correction of more than 40% this month, leading to a relatively lower price and an increased risk-to-reward ratio.
Long
by Cozybanana78
Comp, singing flat?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Giving off some looks here for an Elliott Wave flat pattern in motion. Not the most ideal interpretation, tbh, but if certain parameters play out, confidence will be boosted. $45 is the nearest area of interest and it is rejecting. This would be the paths I will be looking to play out, and play if printed. Cheers.
Short
by CryptoKnee
COMP/USDT Can we see further fall? Hey traders 👋 COMP coin is next on our watchlist. We are looking for coin to show some furthermore weakness on current support zone. We are looking for natural 7% downfall here but from there we see a good potential for a breakdown and a crossover of RSI lines which would lead to more serious fall. Keep your eyes opened! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowAcademy
7
✴️ Compound Major 60% Correction, What Now? 100% Bullish!Compound followed Bitcoin and the rest of the Crypto-market in the recent panic crash and resumed its correction. This led to a wick low yesterday of 35. This 35 is equivalent to the March 2023 support and May 2023 low before a stop-loss hunt event. This same level matches the 0.786 Fib. retracement level for the June-July bullish wave. A 60% drop is a strong correction, the RSI went oversold on the daily yet the trading volume is relatively low. What I am trying to get at now is that this can very well be the correction low. If we were ready to see a rise before, imagine now after this major flush. The stronger the drop, the stronger the recovery that follows. Technically speaking, Compound continues 100% bullish based on the fact that it trades within a higher low. There can be some sideways before the next jump or more likely a fast resumption since the drop was caused by whale selling rather than retail. ✔️ There will be many opportunities now. ✔️ Each chart must be treated separately. ✔️ Patience is key. Thanks a lot for your support. Namaste.
Long
by MasterAnanda
3
COMP: Oversold at SupportCompound (COMP) technical analysis: Trade setup : After 3x-4x gains from June’s lows of $20-30 to highs of $85, traders have been taking profits (selling pressures). However, price is now oversold (RSI < 30) and near $47 support level (also 200-Day Moving Average), which could be a swing entry in Uptrend. Fibonacci levels are $62 (38%) and $47 (62%). Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $47, then $36. The nearest Resistance Zone is $60 (previous support), then $70, and $86.
Long
by altFINS
✴️ Compound Up Close (Correction Ends, Bulls Prepare Up)Up close, Compound is looking really good when it comes to the end of the corrective phase that started mid-July, let's dive into this chart. COMPUSDT 4H TF A low happened 9-July and all action is happening above this level, giving us a strong signal of strength. The current price trades above 0.5 Fib. retracement which was tested twice and holds. Finally, volume dropped massively after 7-Aug, telling us the correction lost strength. After going sideways a few days, COMPUSDT is now moving above EMA50 with EMA21/10 already behind it and the indicators going bullish. MACD above zero and RSI above 57. All these signals are pointing to the correction reaching its end. Stronger support available lower and above $62 the bulls become really strong on this timeframe. ✔️ Once COMPUSDT moves and closes above this level, we can expect a new long-term higher high. Let me know in the comments if there are any Altcoins you want me to look at, meanwhile I shall update the ones moving strong. Namaste.
Long
by MasterAnanda
comp technical Analysis#COMP Technical Analysis NYSE:COMP had break down its major support line, and currently trading at 55.5$ the. The next support is 51$ and it has alteady tested it once, it will test again this support if its breakdown below it than the next level will be 46$, That i will suggest the best point to dca yous position, or may be this will remain between 55-51$ price for quite long term if this happens than we will see some good price in comp. But for Now the party has been already over for comp arriving late in the party always is not good, advice: don't try to enjoy the party that has already been over
by Beyoglu_Analyst
COMPUSDT Can Explode at Any Moment | Compound Analysis Today💎 COMPUSDT is showcasing an optimistic outlook, poised to accelerate its momentum imminently. 💎 Notably, COMP has been tracing the Elliot Wave sequence from 1-5. Post this wave, the price underwent a correction and revisited its support. 💎 At this juncture, COMP has secured liquidity and seems prepped for its subsequent ascent. Yet, caution is advised as a dip below the $49-$47 support range could alter the course. 💎 The primary and secondary support zones emerge as promising entry points to capitalize on this anticipated bullish surge. 💎 In the ever-evolving realm of crypto, staying informed is the key to thriving. Stay tuned and navigate your trading journey wisely with #MyCryptoParadise.
Long
by MyCryptoParadise_Nathan
3