COMP/USDT Bullish breakout and Ready for Big Move#COMP/USDT TA update:/
$COMP currently trading around $245
I am bullish on $COMP
I am buying some here and waiting for some around $240
Entry:- $230-$240
Targets:- $291/$353/$394
Stop Loss:- 218
So I am accumulating more at dip with Tight Stop Loss.
Support:- $230
COMPUSDT
Compound (COMP) - December 25Hello?
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(COMPUSD 1W Chart)
Above the 250.56132 point: the uptrend expected to continue
Keeping the price above the 250.56132 point is paramount.
If it declines at this rate, it is expected to enter the mid- to long-term investment area.
The resistance range is 405.76617-490.76413.
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(COMPBTC 1W chart)
To turn into an uptrend, it must rise above the 0.00657 section.
In particular, it is expected that the upward trend will accelerate when the volume profile section formed in the 0.00657-0.00876 section is passed.
To break out of the downtrend line, we need to see if it rises above the 0.00528 point.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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comp usdt dILY Updateblue narrow channel resistance could make the price return into the channel. this point is a good setup for short position.sl is the high price of today . i think of sharp drop in price in next days in this asset. by the way target is already 320 and any drop in price could be a good situation for entering the market.if price breaks trough the blue channel trend it will rise fast to touch the cross of target and black channel (white arrow)
More likely scenario The complete impulse wave has done at $911. Because of golden ration at the 4th wave.
Next, the correction wave has been happening within wave A and wave B that has done. And wave C is progressing.
My angle, I realized the wave C has been progressing three waves turn down to $175 and the 4th wave next, maybe go up to $270.
In the correction wave, we have the golden ratio with wave B = 0.618 Fib wave A.
So more likely, this is a zigzag wave. Wave C = 1.382 wave A because the 3rd wave of wave C passed wave A.
At $175, we have a Fib Clusters of the impulse wave C and the correction wave ABC.
Time will tell!
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comp analysisWhat if, What if not
COMP ANALYSIS
Comp gets kicks back from 294$ .It was the good support zone . Now it holding 167$ zone ,for me it is good time to buy and hold because Comp hits 900$ .
For my point of view Comp again go for 500$.
Short targets
1 221$
2 267$
#DYOR
#Supposing bear trend not started
COMP - when is the best time to buy ?Globally, COMP is sandwiched between the trend line and the liquidity zone. We should now expect good entry points into the market. In case of a false breakdown of a strong liquidity zone or a breakdown of the trend line, there could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
COMPCOMP has been accumulating for some time and I have no doubts about the following two targets on the chart.
Below 350 is a perfect entry for the current situation.
I have no idea what the pattern would look like but one example is on the chart.
There are dozens of possibilities (bull flag, eve-adam, cup-handle, bullish pennant..etc) but the result won't change in my opinion.
Enjoy the pump!
COMPUSDCOMPUSD is trying to break the line of resistance. On the 1D also possible positive divergence is forming.. Volume is also I increasing. COMPBTC and COMPETH are also in the lowest price-ranges..
There's a lot of resistance but when COMP goes, it goes. And after months of a downtrend this can be a nice reversal / buying opportunity
#comb/usdt buy setup ready$COMP/USDT (LONG)
Leverage: 1-3x
High potential, lower risk long term Sicilian hold. We're about to have the ride of the year🔥
*lower position size, as this trade could take anywhere 3-6 months to reach targets.
ENTRY
260 to 285
OTE: 278.2
TARGETS
295
315
340
370
400
440
480
530
580
650
730
800
900
SL
222.8
COMPUSDT , Its need more correctionHello guys
I hope that everyone are in profit and dont have any loss in these days
According to the price is coming near the support zone area and the market expect that can rise the price.
If the price can not support in first support zone area we shown another support zone and PRZ level that can meet expectations for price increases.
Previous analysis :
If you have any question just ask us
Good Luck
Abtin
COMP - when is the best time to buy ?COMP has been moving in a downtrend for a long time. However, it is worth noting that recently there was a big drop and many liquidations, there is a huge volume at the bottom, which is a good signal. It is also worth noting that a trend line has been formed on the chart and the price is moving towards it. In case of a contraction and breakdown of the trend line, there could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
COMPUSDT Analysis (LONGTERM)Hello friends.
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Everything on the chart.
open pos: market and lower
target: 480 - 740 - 1040
after first target reached move ur stop to breakeven
stop: under 200 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 8
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.
COMPUSDT , We need correction for this breakwaveGood Night guys
Compound is one the most powerful project guys , read about it and how is it working
According to the chart that we published in vip club the breakwave activated our 2 buy zone and toward the breakwave , this wave need correction and the targets that we shown is in way of the price to reach .
Until the key point is not break and candle close above of them the trend is downward and this is scalp trading for traders.
Put Stop loss at the below of lower candle the this breakwave made.
But dont forget use stop loss and attention to money management
If you have any question send us messages
Good Luck
Abtin