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COMPUSDT

Compound COMP price rose from the dead)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 showing steady growth. Moreover, it is catching up with the crypto market, which started growing much earlier. Currently, looking at the chart, we do not believe that the CompUSD price will break through and consolidate above the strong resistance zone above $55-65 at the first attempt. Unless you have an insight as to why the COMP price should grow non-stop right now, then please share it in the comments) In all other cases, we consider it safe to buy COMPUSDT only when the price is firmly established above $65 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
28
COMP: Pullback in UptrendCompound (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 bounced right off of that. Upside potential to $90 next. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $60 (previous resistance), then $47. The nearest Resistance Zone is $70, which it broke, then $93.
Long
by altFINS
BTCUSDT H4 : SHORT SETUP Hi Guys Hope you well. Finally, Bitcoin has left the long-term trading range. I expect to move with an erosion movement towards the ceiling of the dynamic channel, which is at the same time the supply area and FVG in low time. In case of a fall, the price should be checked in the range of 28400 zones. we can expect the price to rise, but the behavior of the candlestick should be checked. SecondChanceCrypto ⏰25/JULY/23 ⛔️DYOR Always do your research . If you have any questions, you can write them in the comments below.and I will answer them. And please don't forget to support this idea with your likes and comments.
Short
by Secondchancecrypto
COMP: Pullback in UptrendCompound (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. Now we’re likely to see some profit taking selling pressures, which could offer an attractive swing entry in uptrend. Where will this pullback find support and stabilize? Nearest support is at $60, which also lines up with Fibonacci levels of $62 (38%). Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). Support and Resistance : Nearest Support Zone is $60 (previous resistance), then $47. The nearest Resistance Zone is $70, then $93.
Long
by altFINS
BTCUSDT H4: SHORT SETUPHi Guys Hope you well. As indicated in the chart, you can see 3 selling trading positions. Don't forget to enter the trade in the low time after getting confirmation from the chart. In the first set-up of FVG and in the second and third set-up, the supply area is the place to enter the position. With the excitement on Thursday from the Ripple market court, there was a good growth especially in altcoins, but the exhaustion of the trend is completely evident in Bitcoin, and I expect the end of the uptrend.
Short
by Secondchancecrypto
COMP: Resistance BreakoutCompound (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, with upside potential to $93 resistance. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $60 (previous resistance), then $47. The nearest Resistance Zone is $70, which it broke, then $93.
Long
by altFINS
2
COMPUSDT time to shortThe 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 long positions to exit. ⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help." Don't forget to like and comment
Short
by Madoir
2
BTCUSDT H1 : SHORT SETUP Hi guys , Hope you well As you can see, the weakness in the upward trend is evident. We can have a fall by hitting the red box level in the step of 29500 and even in the next step to 27600. Also, a Wykoff pattern is forming in the higher time that I load the chart. Don't forget that we have important economic news today. SecondChanceCrypto ⏰12/JULY/23 ⛔️DYOR Always do your research . If you have any questions, you can write them in the comments below.and I will answer them. And please don't forget to support this idea with your likes and comments.
Short
by Secondchancecrypto
1