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COMPUSDT

A way out !BINANCE:COMPUSDT Hello everyone. As we can see : - Convergence recently - Heavy support - Downward resistance - Horizontal RSI resistance at 53.5 COMP is trending on last support ! Also this support is very heavy, we expect a pullback and a breakout from resistance also if RSI break 53.5 resistance then we will see a pump till 160$ resistance ! There is a liquidity pool which can hunt some shadows there ! But if COMP failed to pullback and reject from support then there should be a new low for COMP :) we open our long position at 137$ ( if take hold above resistance ) Attention : this is not a financial advise we just try to help people on their own vision. HAVE A GOOD DAY - Helical_Trades
Long
by Helical_Trades
2
COMP/USD (Retest Key Area of Support?)💎Technical Analysis Summary💎 FTX: COMPUSD -Compound Token is unable to break the trendline resistance -It is facing rejection and might retest key level of support at 120s area -My advice is to wait for the proper upside breakout before planing your entry -You may look to enter with momentum breakout or wait for a pullback -The upside potential is up to 180s area of higher `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
FTX:COMPUSD
by PolarHusk
10
Compound (COMP) - September 28Hello? 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 remains to be seen if it can rise above the 145.30 point to form a double bottom. We should also see if we get support at 145.30 and climb, allowing for a cascading climb as shown in the chart. The important point in our current location is at 162.08. If you climb above the 162.08 point and get support, I think it is possible that the bottom section has been formed. -------------------------------------------------- ------------------------------------------- I think it is a period of volatility from September 21st to October 1st. Therefore, I think careful trading is necessary. About October 28, when maximum volatility is expected to occur, is about a month left. The most important thing is to generate revenue, so I think it's time to trade to earn money. ** 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 trading. You should trade from a short-term investment perspective.)
by readCrypto
6
COMPUSDT - Support and bullish divergences Comp has found a support around $127 and has hit that support two times and is now bouncing of. This goes wish a llist of bullish divergences on the 4H Timframe, ending with a missing right shoulder divergence. I expect after this divergence, at least a pull up to the +1 ATR on the 4H TF. Meaning a target of around 145. Entry should be somewhere around 132-133 Stoploss is a bit below the level of support, 125. I will exit around 145, and leave a third of the stack run with a trailing stoploss. entry: 132-133 SL: 124.95 Target 1: 145 (2/3) Target 2: 156
Long
by Tornado_Trading
1
#COMPUSDT Long another potential 35%COMP looks prime for a LONG here ! After breakout and confirmation, we can see REN rally upto over 35% If we buy at CMP and the market goes in our favor then so be it, but if it retraces we can DCA more and get a good average price and then go up from there. Short term traders can benefit too ! 15% is not bad at all. ENTRY: CMP (198.83) Targets: 212.92 226.30 268.40 SL: 184.30. Do DCA and buy in Dip If you like these setups,join our TG channel @CryptoPeak and please hit the like button and share your views in the comment section. Remeber this always #Golden Rule #BTC moons Alts Rekt This is what I think. Share your opinion guys! Stay safe #PEACE
Long
by CryptPeak
7