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Compound

Optimistic projection for COMP - Daily price targetTechnical analysis regarding the price of COMPOUND in relation of dollar attached to Binance for the next scenarios, based on daily movement. The price is in a neutral zone, completing its fifth bullish leg (impulse wave) - in my view - and it will be able to effect its corrective waves and, soon afterwards, continue with its upward trend (lines projected on the chart). Taking the bullish pivot, projecting its channels (Fibonacci) I get the levels from where the price can reach, which coincides with the maximum price reached in its beginning. The volume is increasing considerably, and the price is moving away from the 34-period Exponential Moving Average (which in the context, the price will return to it and then go up), basically serves with a price support. This crypto has been valuing a lot and has a good potential to continue with this graphic and technical projection. disclaimer *** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
CLong
by luizhcruz
✳️Compound/USDT Analysis (9/1) #COMP $COMPCOMP has just exited the downtrend and $160 zone shows good buying force. This can help COMP to rise sharply to $220 zone and if it breaks out of this zone, COMP can easily rise to $300. 📅NEWS No News 📈BUY -Buy: 155-165$. SL if B 📉SELL -Sell: 215-225$. SL if A -Sell: 290-300$. SL if A ♻️BACK-UP -Sell: 155-165$ if B. SL if A -Buy: 125-135$ if A. SL if B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation
3
COMP-6h. Will there be consolidation before test $190?Yesterday's sharp drop in the COMP market showed that continued growth without consolidation is unlikely. In fact, in an hour the sellers lowered the price by 7%. The COMP price stopped before the critical range of $133-140 . Near the $133 mark is a global trend line , which buyers have been holding since the beginning of November. Its breakdown will lead to a sharp drop in prices to $100 . Given the positive dynamics of the cryptocurrency market, the probability of this scenario is low. However, it is better to temporarily get rid of the token if the price is fixed below $130. Our main scenario is to continue growing to $190 . However, this requires complete depletion of sellers at local lows. ___________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
Long
by P_S_trade
3
Compound (COMP) - January 1Happy New Year!!! Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- It is expected to create a new wave as it rises from the 124.30-139.90 range. We'll see if we can get support at 145.30 and climb above 162.08. If it falls from the 124.30 point, a Stop Loss is required to preserve profit and loss. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
by readCrypto
3
COMP looking goodPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea. Also make sure to leave a like as it helps me out a lot! ------------------------------------------------------------------------------------------ Compound is one of the top 100 coins which have had a tough time competing with the surge in BTC price. So if you're looking to move some of your BTC profits into an altcoin, Compound could be a smart choice. - In the Golden Pocket - RSI oversold - Volume declining How far do you think Bitcoin could go?
Long
by Coinathlon
COMP 12h x2 done, it's time to correct down1.5 months have passed since the previous COMP idea publication , it's time to update it. So, since the previous forecast, the COMPUSDT price has fixed the low at $80.62 , and our thoughts coincided with the market situation. Further, we saw a steady growth and x2 to the COMPUSDT value. $180 is the high that buyers managed to fix, and then sellers began active. At the moment, everything below $158.5 is under the control of sellers. They built the falling price channel, over time we will check how technically it works out. While the price is in sellers' control zone, the most likely route for us is the COMP price move to $123 - a small bounce - a continuation of the fall to $100. So far, without cardinally negative thoughts, but the level of $38, just in case, we will leave on the chart. _____________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
5