COMP pushing out of consolidation zone.COMP has broken out of a month-long consolidation period and major demand zone between 323 and 300. On the daily chart we can see MACD about to crossover to the bullish side as well as a +50 RSI pointing upwards. Volume Accumulation Percentage Indicator has now moved to positive signalling that market participants are buying into this breakout. I expect a move towards the 0.5 fib ($400). Further than this could see us hit the 0.718 fib which coincides with a strong supply zone at $480 dollars. Comp is a slow mover so I expect this to take several days unless there is sufficient volume.
COMP
COMP - new rocket 🚀🚀If you look at the technical analysis side, COMP looks very good.
The price has been in accumulation for a long time while getting closer and closer to the trend line. After yesterday's fall, the price has recovered very quickly, also we should note the appearance of more volume at the bottom. This is a good signal for growth. A breakdown of the trend line might be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy.
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Comp looking really goodIn order to keep the rythm here i get u the last one. Comp is looking so solind and a stong move should be aproching. If this breaksout i expect it to go to the 0.618 at least.This crypto has always been very volatil and has played out big moves. Definetly is a must have in ur watchlist Be ready for this one and good luck.
COMPUSDT Technical Analysis⏳ Spot
💎 COMPUSDT has formed an ascending channel, it has got rejected from the significant resistance zone, if it breaks above the channel it will continues the Bullish move to other TPs
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 322.0 - 328.0
☕️ TP1 377.7
🍺 TP2 420.0
🍻 TP3 485.0
🍾 TP4 550.0
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 303.3
Good Luck 🎲
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COMPUSDT : Are you ready to pump ?In COMPUSDT 4h
It had converge for a month .
It almost break out the triangle .
If it break out and stand firm above the triangle ,trading strategy as below .
SL:301.0
TP1:351.4
TP2:370.8
TP3:378.7
TP4:395.6
TP5:422.9
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COMP big bullish move incoming?COMP has been consolidating above a previous support level for close to a month now and has started to form the first halve of what could be a parabolic curve bouncing off the trend line. The parabolic sar indicator has turned bullish on the daily timeframe for a couple of days now and there is a slight bullish divergence on the RSI daily. Even though support looks steady BTC can spoil the party so I would look at entering a long on spot or with low lev only. First target around 520 easy.
🆓Compound (COMP) Oct-18 #COMP $COMP📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 280$ zone
🔴Buy : 300 - 280
🔴Sell : 380 - 460
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 280$ zone
🔵Sell : 280
🔵Buy : 240
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone