COMPUSDT
COMPUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in the daily timeframe. The support line which we have drawn has been able to hold the price. We expect the price to touch the TPs in the future but we need to keep this in mind that if it does not hold on the line, we might see further fall which is of course less likely.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Compound (COMP) - March 7Hello?
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.
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You should watch for any movement that deviates from the 423.64-537.62 section.
In particular, it remains to be seen if it can deviate from the downtrend line (4).
If it falls, we need to make sure it is supported in the 423.64-450.53 range.
If it falls between 385.64-423.64, a short stop loss is required.
However, you need to trade carefully as you can touch the uptrend line and go up.
If it falls from the 309.65 point, a Stop Loss is required to preserve profit and loss.
The next volatility period is around March 21st.
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** 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 the sake of 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 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 published by oh92. (Thank you for this.)
** 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 are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Comp Token Price at Resistance zoneComp cryptocurrency token price at the trend line support breakout above the resistance will send the price higher.
Comp cryptocurrency trade looks really good when price take above the 9300 satoshi , bitcoin price also looks good and more stable above 45000, bitcoin price must hold above the 45000 usd will stabilize all the alt crypto token.
you can add some comp token and wait for price to breakout the resistance zone. After breakout of the 9300 sats price will move higher
BEARSH BAT PATTERN (COMPUSDT)The Bat pattern is similar to the Gartley pattern in that it is a retracement and continuation pattern that occurs when a trend temporarily reverses its direction but then continues on its original course.
1- sL will be the X point
2- TP1 will be 38% of the AD R
3- TP 2 will be 61% of the AD R
Compound (COMP) - February 26Hello?
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.
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We have to see if we can get support and climb in the 384.20-404.37 range.
If you go down from 384.20, you can touch 323.78, so you need a short Stop Loss.
In order to turn to an uptrend, it must rise above 450.53 points.
The next volatility period is around March 2-9.
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** 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 the sake of 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.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** 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: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
🆓Compound/USDT Analysis (20/2) #COMP $COMPCOMP is accumulating a lot in $400-550 zone and this shows us that COMP is a very potential coin and very profitable for us.
📅NEWS
No News
📈BUY
-Buy: 440-460$. SL if B
-Buy: 540-570$ if A. SL if B
📉SELL
-Sell: 540-570$. SL if A
-Sell: 760-800$. SL if A
-Sell: 1050-1100$. SL if A
-Sell: 1550-1600$. SL if A
♻️BACK-UP
-Sell: 440-460$ if B. SL if A
-Buy: 340-360$. SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
COMP-USDTGreetings,
COMP is currently at #9 on the DEFI list. This coin I trade for a long time, but unlike other instruments DEFI (SUSHI, 1INCH, ZRX, YFI, MKR, etc. links will be found below), did not make trading ideas, it's time to correct.
On the daily chart we can see that the price works out a concave bottom with a target of +/- $800
On the 4-hour chart, an upward triangle is forming (lows are rising and the upper shelf is resistance level 530-560$, similar situation as in bitcoin before 50 k$
Also possible is the formation of an ascending wedge after the breakdown of the triangle, and its further break upwards. A breakout potential of the triangle is 50% from the upper boundary, which will also take the price to $800.
If the support of the trending triangle does not hold the price, the next area of interest in my opinion is where the drop will be repurchased at 340-360$.
To bitcoin, the price went under the trendline, which is not good, and a falling wedge has formed at the moment.
Daily chart
4 hour chart
Always use a stop loss, and do not use a leverage greater than x3.
A trader should always have tomorrow.
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