$COMP Harmonic reversalReal nice setup here with bullish divergence on both oscillators. I would not rule out going to the .886 before the reaction, but this is where i would layer in, or wait for the reaction, and confirmation low.
COMUSD trade ideas
$COMP Wyckoff reaccumulationNice divergence and very clear structure. Look left and follow the waves with the composite operator.
COMP Higher lows.. Pfff.. when can COMP go higher? It take a while... the positive news are the higher lows and the solid support line.. hopefully the negative trend will rotate to bullish soon..
COMP ready for breakout?COMPUSD is a little symmetrical triangle on the 1H. Buying volume is increasing. selling volume decreasing.. moment to watch how this plays out! I'm already in.. but do your own research before getting in :-)
Comp Def a wild setup. Amazing rounding bottom. Falling wedge with Dow trending resiatnce we just broke out from. As well as a second potential reistance zone around 375. I feel the key zone to break is 375. This could absolutely fly but it’s tough to start buying here just yet if you aren’t already loaded
Key supprt 318 upper resiatnce 375. If we broke 375 and held we mostlikely will launch to 530. I am considering an entry here soon. Trying to pick my zone !
COMPUSD ready for a breakout?A triangle is formed and volume is increasing. Ready for a breakout? Do your own research, but I'm bullish :-)
COMP/USD WEEKLY FIBONOCCI EXTENSIONS
BINANCE:COMPUSD
Assuming that the pivot swing low was on June 21st at $193, I can see that comp has plenty of room to the upside mid and long term.
COMP/USD Falling Wedge on 4hrBINANCE:COMPUSD
COMP is showing falling wedge candle formation and RSI on 4hr chart, MACD histogram showing a double bottom with negative momentum waning. This weekend should be interesting.
COMPUSD COINBASE LONGSupertrend just signaled a buy on the one day chart for COMPUSD as we are seeing higher lows and higher highs. We also have a bullish convergence on the RSI. Looking to long this one and possibly enter the previously created upward channel.
COMP - must break the resistanceCOMP - must break the resistance and after if make a pullback it s more better
COMP Could Blow Upwards - Trendline BreakoutCOMP is at the trendline which is on a 4 hour timeframe and it looks to be trying to break it. If it does it could possible go upwards, maybe fast or maybe in a couple days. Unless bitcoin causes everything to crash again.
Please note this is not financial advice.
Compound probably printing a nice rounded bottomComparing to the BTC pair Compound seems to be a sleeping monster. Everytime COMPBTC was at these lows it made massive gains on the USD-pair in the upcoming rally.
OI is constantly rising as we bottom out, which is a good sign. First confirmation would be a touch or break of 380$, target could be 700$ or higher depending on Bitcoins strength.
i.imgur.com
Stay safe.
COMPCOMP looks ready to explode. Bouncing of a strong support level & MA's crossing. It looks like a good entry point.
Compound. HTF channel bottom. NFA. DYORAfternoon, with bitcoin trending north it has given time for people to accumulate alts before they follow later on in Q4 when BTC takes a breather from taking out shorts.
Nice and simple chart here looking at the HTF. Compound is sitting nicely at the bottom of its channel which has been the launchpad for its runs in the pass. Has a nice support and resistance flip which is only invalidated if we lose 280, close below and then reject on the higher time frames, which I cant see happening personally but hey ho.
Pending fisher cross on the 3D below -2 has only happened 3 times, and when it does, they are explosive.
CMF holding above the zero line which indicates strength in the market.
This appears to be a good place to build a position if have not done so already or place buy orders on support at 281.
Initial targets are the 0.5 fib channel which was rejected at the rally at the start of July, will reassess position forthwith. If the .5 if flipped to support then we target the top of channel.
In no way Financial advice and always do your own research.
COMPUSD - Double three combination correction 09/10/21Downwards breakout price target for ascending triangle was hit. We are now potentially breaking out of this local wedge formation.
The price could be taking the form of a double three combination correction, which consists of two ABC waves (W & X) followed by a final complex correction wave (Y). If this becomes local bottom, it may confirm larger correction wave 2, and also the initial impulse wave 1 from mid-June to late-July. We may be beginning the wave 3 up after June bottom.
Alongside this wave schematic, we have have several technicals to look at:
Volume has increased significantly at this local bottom.
RSI bullish divergence occurred between the C-E wave, signalling potential slowing of downtrend.
BBWP is approaching lows. We can expect price to move somewhat sideways in the coming days with volatility dropping, and should look for BBWP to increase (and break above the white median) while price steadily moves up.
Price target for a confirmed, perfect breakout for this local wedge would be ~25.43% ($390)
This is not financial advice, and always DYOR.
Comp Monster trade. Symmetrical triangle . Nice rpunding bottom resiatnce of falling Chanel 324$ break 325 and hold support. Could see a beast move. !! I’m in 308$ let’s gooo. I’ll be adding more if we can break and confirm
MY MINIMALIST ANALYSIS FOR COMPOUND $COMP
10.26.21
0537H +8 SINGAPORE
ALERT: ENTRIES,PARTIAL EXITS, EXITS and MAXIMIZED AREAS OF VALUE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
"FOLLOW THE WHITE RABBIT!"
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur, while the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and even if you wish to hold longer for a CONSERVATIVE MAXIMUM TARGET AREA OF VALUE (Depending on, if the conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS.
Watch out for your Volume, Chart Patterns, Candlestick Math, Price Action, and especially your Fibs, Market Dynamics, and trading psychology.
The above-mentioned is sufficient enough as a major deciding factor for this MINIMALIST CHART.
Note: That This CHART is best used without indicators. (As we all know, they lag.)
Compound Potential Long 215-260Even though BTC and others are bullish...COMP suffured an exploit and will most likley do some slow bleed out before it starts regaining stronger ground.
Long at 260 - 215....
If 215 get broken we could see some serious issue with comp at the final alt season run. This could also impact other DEFI token that have direct connections with compound as well.
COMP PREPARE FOR BREAKOUTComp forming falling wedge and hit the support area. prepare for downtrend breakout
COMPUSD Breakout from descending triangleLooks like it's breaking out, might want to wait for a retest first but the measured move is pretty nice.
I'm pretty noob so I might be completely wrong dyor.
