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COMP

$COMP so ready for a full blown reversal #comp #compusdtThe overall pattern is a massive inverse fibonacci that's had a 227 touch followed by consolidation, & now, a higher low. The price will, I suspect, now form a regular fibonacci and touch the extension marked, which lines with the last price level on the small time frame. I suspect it will retrace there slightly, then continue up further. My ultimate target (in the coming weeks) is around $240, where the MA's/price levels are on the month chart. I see the stoch rsi on the week turning up to support this theory.
Long
by UnknownUnicorn1935796
$COMP $COMPUSDT Large Inverse Fibonacci + Wedge-breakout coming?Like with most charts, I like to zoom all the way out to the monthly to see the larger picture at play. Here, it looks to be like there is a large inverse fibonacci retracement happening, in which the price has already hit the 227 extension. Combined with this, it looks as if the price has fallen within this large wedge, of which the month of July broke out of. Also, the price is squarely resting on the all time point of control. Lastly, the stoch rsi on the month is extremely flat and crossed. It looks to me as if the price is due for a move up! I do see a tiny fibonacci on the smaller time frames (an inverse one), that could result in the price dropping further from here. It just would seem unlikely to me though, given everything else I've mentioned that the chart has going in favor of a bullish scenario. That said, BTC to me looks as if it's got a bit of dropping left, and that could possibly affect the price trying to squeeze out any last bit of dropping possible.
Long
by UnknownUnicorn1935796
COMP is trying to breakout Rising wedge pattern Hello guys ,Today i saw an interesting wedge pattern on Compound and i thought it will be a good setup. open your position after breakout.(wait,don't open your position fast !) first target is between 43.00 and 47.00.(it's safe to close your position) but if it's going to break the first Support Area , you can close your order between 26.00 and 29.00. it's just an idea , always do your research and analysis. don't forget to follow and boost this idea :) thank you.
Short
by Crypto2021_2021
2
COMP USDT SHORT SWING| COMPUSDT | SHORT @ 52 - 50 | TP @ 49, 48, 47, 46, 45 | SL @ 58 | PATTERN = TRIPLE BOTTOM BREAKDOWN | COINBASE | TRIPLE BOTTOM BREAKDOWN ON BPI CHART HOURLY Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames COINBASE:COMPUSD BINANCE:COMPUSDT BINANCE:COMPUSDTPERP BINANCE:COMPUSD BITSTAMP:COMPUSD BITFINEX:COMPUSD FTX:COMPUSDT BYBIT:COMPUSDT
COINBASE:COMPUSDShort
by Coindatahouse
Compound vs Bitcoin Long-Term (Bullish Confirmed)The bullish bias has now been confirmed for Compound. We are looking at COMPBTC but also COMPUSDT has gone bullish. Notice the candle marked 13-June. The Doji with -8 TD Sequential count marks the low. The full green candle that follows confirms the low. The current candle with a long wick below EMA10 (0.002376) just to recover and close the week above this level confirms the bullish bias. With these signals in, the low, bounce and test of short-term support, we can expect prices to start moving up. A change of trend = Long-term growth. Long-term growth = Higher highs and higher lows. Namaste.
Long
by AlanSantana
5
Compound Cup & Handle Breakout Target (45%)We have a perfect C&H pattern now breaking bullish on the COMPUSDT chart. We have high volume, green candles and bullish indicators... This is all pointing higher. The target is set at 45% from the current prise based on the chart pattern. There can be additional growth. Namaste. -- Disclaimer: All the information shared here is intended for learning and/or entertainment purposes only. Make sure to do your own research and build a plan/strategy before trading.
Long
by AlanSantana
6
Compound vs Bitcoin | Triple ReversalGood Sunday my fellow cryptocurrency trader, we will focus on 3 signals only for Compound vs Bitcoin (COMPBTC) today. Feel free to support our work in whatever way you see fit! Let's get started! COMPBTC 3X Bullish Chart Signals (1) Full Green Candle (Break above EMA10) Today's candle is full green on rising volume. This candle is also breaking a downtrend; Breaking above EMA10 after a Doji... (2) Doji Candlestick -8 Doji at a new low closing green predicts this weeks candles. (3) RSI Bullish divergence A very strong divergence on the RSI with more than a year in place. Compound looks good vs Bitcoin. Namaste.
Long
by AlanSantana
3
📊 COMP broke the downtrend channel. What's next?Hello, dear TradingView members. This idea is a COMP analysis. COMP also broke the downtrend channel a few hours ago, and we're waiting for more confirmation. The upper band of the downtrend channel can confirm the breakout and work as support. Another support level is also static and shown on the chart. The price is now testing a resistance area, and it can reach the potential targets shown on the chart in case of crossing. Scenario one: The price will increase, and the buy volumes in the market can help the price reach the potential target levels. Scenario two: The price will lose Buy volumes, get rejected by the static resistance level, and fall into the support zone. RSI is showing overbought signals, so be careful with your long positions. The Speedometer indicator shows Sell volumes on the market for COMP on a 1D interval. Now have in mind: ANY news about this coin can cause a big pump or dump at this moment! Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
14
Compound Bottomed Out! 230% Potential Profits Next!We are looking at Compound (COMPUSDT) and after two days of bullish action finally a break above EMA10 happens, signaling that the bulls are now in control (candle closure needed for full bullish confirmation). Notice that the trading volume is still at basically zero. The RSI made a strong jump and the MACD is showing a bullish cross. Once the volume comes in, the value of COMPUSDT can have a sudden jump. It will be fast. It will be profitable. It is entertaining and fun. Buy. Sit back relax watch and enjoy. Namaste.
Long
by AlanSantana
5
COMP Quick Idea for LongHi everyone! This idea explores price action using one of my favorite indicators, the Gaussian Channel. I used the 4 hour chart and went back some time to see how Comp behaves when we drop below the Gaussian Channel. I was able to find very similar price action not that long ago and outlined it for all to see. There has been a sequence of tests and rejections on t& top lines of the channel along with the 20MA in both cases. We also see a defined bottom formed which leads me to believe we are gearing up for a retest of the trend line. I have a target of approximately $82. This is right where we will be meeting the 50MA & coincidentally the trend line we have been getting rejected from. Even with all this considered I intend on staggering profits just in case we don't see a pump that high. This idea, as always, all depends on what Bitcoin decides its going to do. Please let me know what you thing. Like comment and follow for more ideas and remember, ALWAYS DYOR. Thanks,
Long
by WhiteJesus
1
The sexy blonde 2 lockers down :) COMP following the last week liquidations. I have decided to check out the number of On-Chain liquidations amongst major protocols. Comp turned out to be the biggest winner. Most users did not suffer during the retracement and retained their HODL capacity, not being margin called by the protocol. This is incredibly bullish in a Risk-Off environment as users seek safer investments and services. In matters of TA. The comp Token which is a governance token cannot get much sexier than this chart. My final target for comp and level I would be comfortable shorting is anywhere between 917-3615$. By this I mean I would only close longs untill the valuation stands above 3615$! By far the sexiest chart in the defi field. Will be longing it now, DCAing, hodling for the long term. I may have found myself a new crypto wife :P #LOOOOOONG
Long
by TheBitcoinGeneration
1