COMP LongInvalidation under long term trend line. Mean reversion target 320+ Defi 1.0 mkt outlook is pretty bleak, but down here is a good place for a spot of good news to emerge, even if it's short lived. COMP has bounced violently in the past, many will believe it can happen again.Longby vccryptoUpdated 223
Compound breakout any dayCompound is on the verge of a breakout any day now. It has been consolidating since May 2021 so this next move will probably be something for the history books. There is definitely a lot of resistance overhead so this should be a very tradable altcoin with clear take profit and reentry positions. I've laid out some basic places to potentially take some profit or enter a position. However if you're less of a trader, you could just HODL until we're back near all time highs or making new highs if that occurs. Compound along with other blue chip defi projects like Maker and Aave are all incredibly undervalued right now and I wouldnt be surprised to see another 10x on them at some point this year. Good luck!Longby kg_solPublished 114
Buying COMP HereComp down 80%. I have started to average in. Don't see this going to zero and its kinda greedy to want to buy it lower at this point. Daily candle looks great so far. Lets see if there is a DEFI 2022 run. Not advise.Longby A5gamakatsuPublished 335
COMPUSDThe triangle were the COMP-token is in for months will end soon. Let's see how this plays out..by Frosty55Updated 225
COMP i personally notice a good double bottom and a coughee it up cup and get a handle and i got in at the right time i hope even though i missed that dip that i predict is the final one, good for a doubler at least though as long as it goes like i have been told, just like another coin i called but not on social media at all as i have been away so no proof but missed that one coincides with raw fish, YUMMY!!! waiting for that one to hit sicks or 7 but probably wont and end up FOMOin @11, now back to this, end of January 350 Middle 425. More than likely as i am 2 months away from being only a year into crypto i could be wrong, i am not a financial advisor at all. i am just an aspiring yt wrapper also on Torum... XTM to the moon!!!by nataSoNPublished 1
COMPUSDT - Falling wedgeProbably a bullish setup on the 1H COMPUSD(T). Most of time this type of pattern will breakout to the upside. Let's watch this.. Longby Frosty55Published 660
Compound (COMP) - December 25Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (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. ------------------------------------- (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. ------------------------------------------ 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. ------------------------------------------------------------ ------------------------------------------- ** 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.) --------------------------------- by readCryptoPublished 7
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 by Frosty55Published 221
MY NOT SO MINIMALIST ANALYSIS FOR COMPOUND$COMP (INDICATORS INCLUDED) 11.02.21 1243H +8 SINGAPORE ALERT: ABOUT TO COIL UP - ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE THIS IS AN AREA OF OPPORTUNITY: A ZONE FOR AN ENTRY. Accumulation looks healthy. I think it will not break resistance yet until we see volume increase further. COILING towards STRONG SUPPORT and then BOOM! You may enter now, It can make a sharp small dip DO NOT FUD. Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. "FOLLOW THE WHITE RABBIT!" Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE HOW TO USE THIS MINIMALIST CHART Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.) It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it. TARGET ZONES IDENTIFICATION The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points. These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS and if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE -CONSERVATIVE (If price action conditions are right.) At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market. Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS (ABC), Price Action, FIB LEVELS, Market Dynamics, and especially trading psychology. Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work. Much thanks to My 3 Mentors! Note: Master your Trading Discipline , Trader's Psychology and Institutional Psychology Vive Le Austist! Longby The_Crypto_SamuraiUpdated 445
COMPUSD in downwards channelProbably time to break out of this channel. Volume is increasing and it seems COMP has already bottomed. Let's see.. by Frosty55Published 1
possible bouncebackpretty self explanatory, the W is forming and it's going back up to a new resistance soon.Longby DjiphonePublished 3
COMPUSD Updated ThoughtsCOMP can be seen to be in a falling wedge as it is touching the 1.618 Fib circle line This fib circle line has been a previous support I expect this level to hodl and a breakout from the falling wedge to occur The line is what I expect the indicator to do as price moves by BixleyPublished 115
$COMP Harmonic reversalReal nice setup here with bullish divergence on both oscillators. I would not rule out going to the .886 before the reaction, but this is where i would layer in, or wait for the reaction, and confirmation low. Longby TradingNomadicPublished 112
$COMP Wyckoff reaccumulationNice divergence and very clear structure. Look left and follow the waves with the composite operator. Longby TradingNomadicPublished 112
Long $COMPHeld the support pretty well at 300ish.Next Target is $400 and $530.Goodluck.Longby krishnaadhikari64Updated 552
COMP Higher lows.. Pfff.. when can COMP go higher? It take a while... the positive news are the higher lows and the solid support line.. hopefully the negative trend will rotate to bullish soon.. by Frosty55Published 1
COMP ready for breakout?COMPUSD is a little symmetrical triangle on the 1H. Buying volume is increasing. selling volume decreasing.. moment to watch how this plays out! I'm already in.. but do your own research before getting in :-)by Frosty55Updated 2
Comp Def a wild setup. Amazing rounding bottom. Falling wedge with Dow trending resiatnce we just broke out from. As well as a second potential reistance zone around 375. I feel the key zone to break is 375. This could absolutely fly but it’s tough to start buying here just yet if you aren’t already loaded Key supprt 318 upper resiatnce 375. If we broke 375 and held we mostlikely will launch to 530. I am considering an entry here soon. Trying to pick my zone ! Longby ErictaylorPublished 4
COMPUSD ready for a breakout?A triangle is formed and volume is increasing. Ready for a breakout? Do your own research, but I'm bullish :-)Longby Frosty55Updated 110
COMP/USD WEEKLY FIBONOCCI EXTENSIONS BINANCE:COMPUSD Assuming that the pivot swing low was on June 21st at $193, I can see that comp has plenty of room to the upside mid and long term. Longby scout73Published 112
COMP/USD Falling Wedge on 4hrBINANCE:COMPUSD COMP is showing falling wedge candle formation and RSI on 4hr chart, MACD histogram showing a double bottom with negative momentum waning. This weekend should be interesting. Longby scout73Published 2
COMPUSD COINBASE LONGSupertrend just signaled a buy on the one day chart for COMPUSD as we are seeing higher lows and higher highs. We also have a bullish convergence on the RSI. Looking to long this one and possibly enter the previously created upward channel.Longby BlueSunFunPublished 223