COMP
COMP SEEMS LIKE A DECENT TRADEWe can witness an Adam & Eve pattern printed on the daily chart. The crucial resistance ahead must be flipped into support to enter a trade with a decent R/R. MACD shows signs of divergence in the positive zone. RSI has room to grow to confirm a breakout. Volume is decent.
COMPUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price has hit its support line and is moving upwards. If it stabilizes above the line, it can touch its target over time. But if the price can not stabilize above the support line, we consider the fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
COMPUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. As you can see, the price is fluctuating within a channel. We think the price can take a break and then continue to climb again. But in case of loss of support and stabilization, we consider more shedding.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Comp/USDT retraced and now is on verge of breakout!We previously gave a BUY signal as our Prop Oscillator broke above the zero line. We expected a retracement and now price looks to be on the verge of a breakout higher. Notice our Oscillator had been going sideways but stayed above the zero line while price consolidated. Something positive appears to be imminent for COMP. See our last Idea related to Comp. Please Do Your Own Research. DM us if you have any questions.
COMP HTF WonderCurrently watching 1hr swings build momentum.
should structure hold, we've been in a major accumulation channel a very many months.
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COMPUSD Upward ContinuationAn underdog coin, with huge potential
As can be seen on chart an inverse head and shoulders has pushed the price above a curved resistance
this will most likely lead to further upward continuation as it is in the lower range of the main channel plotted
only 1 test of 1.618 led to a breakout to 2.618
Hopefully only the 1 test at 2.618 we have seen will be the only test at this level, and a breakout to 3.618 will proceed
$COMP, Retracing & retesting .011 sats level$COMP
Retracing & retesting .011 sats level after the 100% upside movement over 9days
Willing to see if its able to find enough volume to hodl it, flipping it to support and allowing a restart of the trend
UCTS remains bullish on HTFs but LTFs are not looking that good
#COMP
Compound: Simple Zig-Zag CorrectionCompound appears to have completed a set of 5 impulsive waves, with an extended sub-wave 5, for a first bullish wave 1. It is now correcting in the shape of a zig-zag, the most common pattern for a wave 2. Right now it is tracing sub-wave b of wave 2 and I expect a sub-wave c of wave 2 in the upcoming days that could push the price down to the $325-360 range, which would be an ideal long entry point. This range is derived from a Fibonacci retracement of between 50% and 61.8%, but the 61.8% being the most probable occurence.
COMP 1D Power is, the mind is not necessary. Where better to buyA very long time ago, we did not publish the idea of a trade pair of Compusdt
Today we decided to publish because COMP Token Compound is one of the few alts, which showed growth last week.
Over the past week, buyers showed an increased interest in the Compusdt pair, it can be seen in the combination price increase + high trading volumes. And we did not find some screaming news that could so push the price up. If we missed something, please write about it in the comments.
Now, the price hit a strong liquid area of $440-540 , which the last price was last checked for strength on the rebound after the May fall.
Now it is more logical that the price will fall for checking the strength of a $240-290 area . If buyers are activated in this zone again, it will be a clear signal for taking a Long position, because then buyers will show that they are strong and there are many of them. In this case, it will be possible to focus on further growth behind the white scenario.
If by that time, the negative mood in the cryptocurrency market will dominate, and the price of Btcusdt will update the minimum, then it is unlikely that the price of CompUSD will go against a common trend. In this situation, you will need to focus on the movement of the price behind the red scenario, and the area of $140-160 will be tasty to buy.
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COMPUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 1-day time frame. The price has started a good climb. We expect the price to reach the specified target, and as long as the price is above the black line, we can say that we are in an upward trend. If that line is lost, there is a possibility of price correction and we have specified support lines for you.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
COMP Breaks 40 Day Falling Wedge Pattern-COMP has revived nearly 70% since its low of $195
-Price has recently broke a falling wedge pattern
-COMP needs to stay above 200MA to continue revival
Compound has recently grown much in light of its DeFi capabilities the last year. The price has seen some growth but not as much as its competitors as it is up a mere 85% over the past year. Unfortunately 99% of cryptocurrencies follow BTC’s price action which has left the majority of the market flat, including COMP. Although, a break out of its falling wedge pattern may signal a trend change Is upon us.
After breaking free of the 45 day falling wedge, COMP slashed right through its major resistances of $265 & $285. Since then, COMP has been playing with its major resistance zone of $330-$357. Compound must break and HOLD this area to be clear for significant revival. This area has proved to be an important zone the last 5 months and until COMP can fully clear this mark, it is still considered in a bearish downtrend.
Along with this major resistance zone, COMP has been attempting to hold above its 200MA for the first time in nearly 45 days. If price fails to hold this MA and falls below, it is very likely to see a retracement back to the major support of $285. In the case bears continue to hold control, COMP will test the $265 mark and will be in danger of a larger fall if that major support can not hold.
While looking at the RSI, it is easy to see a trend line has been respected since the low of $195 had formed. If strength stays above this trend, all is well and COMP will be in a great position to continue revival. The MACD is signaling a slight bearish bias as the MA’s have created a slight double top and have also crossed bearish. A retest of the 0 value looks likely.
COMP intraday levels
Spot rate: $327
Trend: Bullish
Volatility: Medium
Support: $285
Resistance: $330