COMP
COMP and his running flat ambitionsGood morning Traders
This is my primary count for COMP.
Seeing this entire corrective move as a larger wave 2 after an explosive W1 from $33 to $373 on Uniswap back in June.
Ultimately looking for much higher as the DeFi space grows in a bull market but targeting $305-$311 for now before a final 0.618 retracement to complete a potential running flat to complete wave 2 before the next leg up (or an expanded flat if the final corrective wave ends up being a deeper retracement).
COMP not done just yet!COMP is currently testing daily, golden retracement and trendline support which I suspect is going to hold considering the hidden bullish divergence signal on 4H stochrsi which usually signals continuation in a trending market. Declining sell volume on this drop in confluence with major support and hidden bullish div makes me boolish at least for the short term.
Targeting $290 - $305 for this next leg up
COMP/USD - Bullish Pattern Developing, buy the retraceCup and Handle pattern developing on a GREAT coin, COMP - the first Yeild Farming coin, looks like we might have a retrace - shooting down to 50% (doesn't have to be that big of a retrace)
Once the retrace breaks, we will check the fib level we shot off of, and if its a Fibonacci Trade, this is a no brainer.
$COMP, Pushing hard over the last 48hs (~25%)$COMP
Pushing hard over the last 48hs (~25%)
Hard to get an R/S flip or even a retest at high timeframes..
Zooming in, opportunities are easier but reaction times are shorter too!
Currently crossing over ~.02 sats resistance, if manage cross/flip it, then ~.022 next
#COMP
Compound (COMP) Support & Resistance Levels MappedWe looked at Compound (COMPBTC) right before a very strong bullish move... We hit it perfect and now we get another wave.
COMPBTC is looking really strong after 4 consecutive green candles.
Prices are trading above EMA50 and aiming to challenge the last peak.
We have strongly bullish indicators and multiple bullish signals... COMPBTC can continue growing.
The next targets, as well as support levels, are marked on the chart.
Namaste.
COMP-USDT ( ATTENTION ) Compound breaked down from the trendline after that made an fake jump to the uptrend and rejected. COMP is still in downtrend guys. Buy zone is only and only after breakout. For people which is holding this coin i prefer to use stop loss at the shared area.
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#COMPUSDT Long another potential 35%COMP looks prime for a LONG here !
After breakout and confirmation, we can see REN rally upto over 35%
If we buy at CMP and the market goes in our favor then so be it, but if it retraces we can DCA more and get a good average price and then go up from there.
Short term traders can benefit too ! 15% is not bad at all.
ENTRY: CMP (198.83)
Targets:
212.92
226.30
268.40
SL: 184.30. Do DCA and buy in Dip
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Remeber this always
#Golden Rule
#BTC moons Alts Rekt
This is what I think.
Share your opinion guys!
Stay safe
#PEACE
COMP/USDT 6h: Descending channel breakout & pullbackCompound is looking bullish at last, it could be a good hedging position during Bitcoin correction.
Current Price= 143.85
Buy Entry= 144.02 - 139.00
Take Profit= 156.91 | 185.43 | 205.51
Stop Loss= 125.91
Risk/Reward= 1:1 | 1:2.85 | 1:4.16
Expected Profit= +32.64% | +92.85% | +135.48%
Possible Loss= -32.64%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 480h
COMPUSDT - Trend change?Looks like it reversed, break through strong $150 resistance and possibly $170 as well.Will try to catch a retest of $170 for a long, currently looks bullish for me.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
$COMP, showing nice volume influx $COMP
No idea what this asset is but its showing nice volume influx as its breaking from descending trendline // accumulation range.
UCTS showing a Buy on the 8H as well..
Potential targets on chart.
#COMP
COMP painting a nice Bullish Divergence COMP has been one of the few DeFi coins to really not have a nice run so far. Granted it started off insanely priced above $300, this nice divergence on the RSI is looking good and as long as BTC doesn't do anything crazy I think there is some good upside here.
Compound (COMP) Project Overview + Fib. LevelsAbout Compound
Compound (COMP) is an ERC-20 asset that powers the community governance of the Compound protocol; COMP token-holders and their delegates debate, propose, and vote on changes to the protocol.
By placing COMP directly into the hands of users and applications, an increasingly large ecosystem will be able to upgrade the protocol, and will be incentivized to collectively steward the protocol into the future with good governance.
Source: Coinmarketcap.com
Website: compound.finance/governance/comp
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Compound (COMPBTC) caught my attention recently... This one is available for trading on Binance, Bittrex, Coinbase, Okex, and HitBTC... More exchanges than usual.
When you look at the COMPUSDT pair, this one is available on Poloniex, KuCoin, and FTX, reaching all major exchanges.
Compound (COMPBTC) Chart Analysis
This one has little history and the potential to bounce from current prices...
But there aren't any strong bullish signals, prices can as easily continue lower.
This is not financial advice.
Namaste.
COMP - USDAlright first long attempt was a failure shit crashed and what not, but i’ll be adding to my long here with a stop loss at 116! If we get to 163 and don’t reject let it ride to around 200, and in case we do reject hard close your longs, should be easy and remember don’t go all in when longing, ladder orders at different price ranges and let it come to you.
COMPUSDT ANALYSISCOMP is a new coin, so we do not have too much data. However, I think if you wanna buy it, you should buy it now because of the candles next to the resistance line.
