OBV is flat at the moment and hitting resistance. If it can brak this, we can see movement towards 57-59. 59.5 is the next good resistance co-inciding with .618 Fib Looks like a consolidating zone between 53-56
An ABC is seen which appears to have been a bearish triangle wave B. Now it seems that you are in the final wave of this triangle, i.e. wave e of B The red box is expected to drop towards the specified targets. I put the targets on the chart. Closing a 4-hour candle above this level will violate the analysis. For risk management, please don't forget stop loss...
It seems that from where I entered "Start" we are inside an ABC, which is a diametric B wave and it is over. And now we are in wave C. If the price reaches the supply range, we will look for sell/short positions in this range For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change...
By examining the COMP chart, we can see that this symbol has completed a major double correction. What appears to be the second part of this double correction is a large triangle that is coming to an end By maintaining the green area, it can continue to climb. I have specified 2 targets for this symbol.
Got stopped out of my last position in COMP due to a trailing stop. Not mad tho. Ended up with 21% profit in the pockets. I hate to be out of this trade esp. since the MM's have been moving everything up during off hours. This bull flag here looks primed and prepped. Additionally, we have a hammer candle on the daily. Entry was 43.73. I'll target 58. SL will be 39...
This could be a bull flag and we could see a retrace up to around $64 before a retrace. Keep an eye out and well see how this thing plays out. Long term hold overall on COMP/USD. This coin has a lot of potential to go a lot higher than $100 from its low point which we were at this past week with the rest of the market. good scalp profit at $64 but over the long...
COMPUSD is consolidating under the MA50 (1w) since mid August with the RSI neutral/ borderline bearish. There is a Rising Support on the RSI (1w), which is filled before every rally. The Support Zone has priced all 3 of those RSI bottoms. Trading Plan: 1. Buy the next pull back on the Support Zone. Targets: 1. 130.000 (Rising Resistance as well as slightly under...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Giving off some looks here for an Elliott Wave flat pattern in motion. Not the most ideal interpretation, tbh, but if certain parameters play out, confidence will...
Traders, Just realized I wasn't able to post the very fortunate trade entry that was made by me during our most recent flash crash a few days ago. I missed this post due to being briefly banned by TradingView for inadvertently violating House Rules. Long story short, I happened to be sitting at my computer that evening and was perusing the charts per the usual...
We’re at the .618 area of retrace,ent which typically has some support but I believe we could se a further drop to $43 or even $38…. $28 is the last resort….Plan to see some movement in these areas, and hold for the long term gain. Once we break back over $78 we could see it follow the strong bull market. There is a possibility of getting a scalp trade from...
Hello traders AS the USDT.D is seizing all the market focus on short positions . COMP one of the best for buy when hit the drawn support. Dangerous trendline is broken .
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the COMP symbol. comp can go up to targets by breaking the TL line. If it reaches the green box once again, it is suitable for oscillation. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to...
The Compound project was fundamentally quite strong when it was sold / presented to crypto market participants) However, over the 2 years of being in a downward trend, the price of t he COMP token has fallen 39 times from a high of $910 to a low of $23. And now, in the last two weeks, a miracle has happened, the price of CompUSDT has come to life and is...
Compound (COMP) technical analysis: Trade setup : Price broke above 200-day MA with huge volumes and confirmed a bullish trend reversal. It’s also broken above $70 to signal uptrend resumption and hit a high of $87 where some trader began taking profits. Priced pulled back to the nearest support of $60, which also lines up with Fibonacci levels of $62 (38%) and...
COMPUSD has been a very profitable crypto for us lately (last idea at the bottom) and as it crossed above the 1 year Channel Down invalidating it, the 1W timeframe turned bullish (RSI = 65.140, MACD = 5.050, ADX = 32.042). If the 1W candle closes green on this bullish pinbar, we will buy again and target the 1W MA100 (TP = 100). The upside potential is...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the COMP symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
we had our previous Publications TP Achieved currently we can see a Bullish Hidden Divergence of price with MACD, which is the sign of trend continuation, using Fibonacci Projection for the Target Specifications. 1TP is the parallels leg of Fibonacci projection and easy to achieve by nest impulse wave after the current retracement. if 2TP triggered with the...
The current status of the BINANCE:COMPUSDT is as follows: The BINANCE:COMPUSDT has experienced a great rally and has moved directly towards one of the historical resistances at $75. However, we are seeing divergence in the rsi indicator in both the daily and 4-hour timeframes, which indicates a weakening trend and also a good opportunity for those who had...