Short-Term buy limits ready for COMPUSDI've been following the price for a while now and I think we might have a good chance for this pair to starting to rise again. Volume is steadily growing and the overall structure is giving a really nice bullish image worth considering and taking advantage of. Let's see how this develops.
COMPUSDT
COMP USDT Analysis Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
Today I want to talk to you about the COMP chart.
At the moment price break the triangle.
Then, I think COMP breaks continue to move down to my goal.
My target is located at charts level.
I expect this scenario.
This is my opinion, I really hope it will be useful for you.
Be prepared and save your money. Make big profits!
COMP Short **Scalp potentialMoving into potential reversal zone - BINANCE:COMPBUSD
High pressure zone, with a longstanding resistance. Seeing reversal on the HTF, MTF and LTF indicators.
Potential for a 3+ R:R scalp short with SL, TP #1,#2 & #3 in chart.
Compound (COMP) formed bullish Gartley | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Compound (COMP) token with US Dollar pair.
On a 4-hr time frame, COMP has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
COMPUSDT HELLO GUYS THIS MY IDEA 💡ABOUT COMPUSDT is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the sellers from this area will be defend this SHORT position..
and when the price come back to this area, strong sellers will be push down the market again..
DOWNTREND + SUPPORT from the past + Strong volume area is my mainly reason for this short trade..
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Down Channel breakout on COMPHello guys ,Today i saw a Down Channel on COMP and i thought it will be a good setup.
The price will hit the local support soon.
open your position after you see a bullish candle.(wait,don't open your position fast !)
the target is between 43 and 45.5.(it's safe to close your position).
always pay attention to fundamental news.(it may ruin the position).
it's just an idea , always do your research and analysis.
don't forget to follow and boost this idea :) thank you.
COMP no positive signals but still in trendBINANCE:COMPUSDT
Locally no signals to buy or sell for COMP but for middle term if you looking for next few month COMP can pump over 100%
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Possible Targets and explanation idea
➡️This fib still relevant since local top in April
➡️Traded under fundamental price and appeared Strong Buy signal in June by "Trade ON" indicator
➡️4 October appeared signal to Buy on Direction indicator. Strong Signal
➡️Now if market crash again buy line for Comp at 35.85 will be good enter point
➡️For local trades 71$ is good time to take profit on "take profit line"
➡️Middle term target is correction by this fib to 128$ (0.618 fib level)
➡️Globally with market supply of COMP I can expect price higher then 500 again
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COMP | Seems like Ready to FLY..!!
#COMP Descending Channel Formation in Higher timeframe Chart..!!
Major Trendline Resistance getting Weaker & Buying Volume Coming in, Expecting Breakout.
In Case of Upside Breakout, Expecting 2-3x Bullish Rally in the Midterm..
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#COMPUSDT 1DAY Chart Trade setup: Trading in a Sideways Channel ($50-$70). Swing trader: can trade the channel (Enter near $50 support and Exit near $70 resistance).. (set a price alert). On August 30, Compound released version 3, which is a major upgrade to its lending DeFi protocol.
Trend: Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45).
OBV (On Balance Volume): is declining, indicating that volume on Up days is lower than volume on Down days. Hence, demand (buyers) is below supply (sellers).
Support and Resistance: Nearest Support Zone is $50, then $30. The nearest Resistance Zone is $70, then $100.
Major Pump Coming for $COMP due to Golden Cross? 100MA & 200MA Looks like the 100 MA on the daily chart is curling sharply upward, about to cross the 200 MA. The price is still below the 200MA on the USDT chart but I would expect the price would begin to pump there once this chart took off as well. They seem to basically be moving in tandem.
COMPOUND COMP price ready for x2 growth?Today, we liked the Compusdt trading pair on global 3 days chart.
It has not been analyzed for a long time, but now I liked that the Compusd price is moving in its own way, despite the maneuvers of the BTCusdt price.
In general, Compound Protocol is in the top 10 in terms of volumes of blocked resources (TVL) in DeFi protocols
Perhaps the individual behavior of the Compound price is somehow affected by this news: "DeFi project Compound has launched a lending service for institutional investors"
Or maybe something more interesting is being prepared in the project, which we will find out after the COMP price shoots up)
Summing up: while the COMP price is above $55, there is a good chance for x2 growth to the $100 area, where there is a strong liquidity zone.
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