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COMP

💡Don't miss the great buy opportunity in COMPUSD Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (307). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . COMPUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 370 TP2= @ 410 TP3= @ 460 TP4= @ 539 TP5= @ 617 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
7
where is $COMP headed? $350 or $88?$COMP has pulled back more than 80% from its all time high of over $900. The area around $240 is an important area of value. If we see further correction and pullback, the market could remain between $240 and $88 for a bit and it will not be surprising if it bottoms back near $88. On the other hand, the bearish price action over the last few weeks could finally lose some steam. $240 could act as an area of support and price could remain between $240 and $350. Watch the video to get a sense of why these numbers are important and how they create important levels. Nothing here is investment advice. Use this information as a tool to understand $COMP price action and market structure and as always please do your own research before you enter a trade.
COINBASE:COMPUSDShort
by elliptic-capital
COMPUSD- Looking STRONG-67% Move Coming?!COMP/USD giving us multiple bull signals! In the 1H, it's congquered the 55EMA! the 100 EMA,! the 200EMA! and is chasing the 300EMA (purple)! The last time this happened it made a 75% move! Also, notice the 55EMA is serving as support. Since we've got aggressive price action in the 1H, it's possible it completes this move in a day. Let's see how this plays out! Just my humble opnion folks. Take care with all your trades. Good luck to all!
COINBASE:COMPUSD
by moneypenny555
COMP/USDT ANALYSIS, LOOKS WEAK, POTENTIAL SHORTNow we analyze COMP/USDT. We see here the major bearish divergence which signals a downward movement. If this downward movement takes places which looks very likely, we can see a move to support at $608, if we can breach $740 and keep 4HR candle above it then we can see possible move upwards, I am not taking position here but best bet is a short to $608, take profit at $640 to protect funds and always use proper SL, here are the important levels, also lots of selling on MAC so watch that as well. Support: Local $706/$608 Resistance: Local $859/$909 Always use SL to protect funds, use 3% or your best judgement.
Short
by jcrozb
1
DeFi tokens comparison vs their own Index In this chart we have a birds-eye-view of most DeFi perpetual swaps against the DEFIPERP index (an index with around 25 defi tokens) RUNE and SOL immediately come to attention as the biggest overextended pushers. CREAM, KNC, COMP biggest laggards against the index. This is also subjectively bullish since coins that underperform generally tend to have liquidity rotation into them at some point. CREAM for example is one of those that seem to gather some hype on social media. Worth to keep an eye.
FTX:DEFIPERP
by D7R